Maersk raises 2026 outlook again as earnings surge. Asia demand buoys results. · Thursday, August 13, 2026 A.P. Moller-Maersk raised its full-year earnings outlook after second-quarter revenue climbed 20% year over year and EBITDA reached $3.0 billion, as robust Far East export demand, higher spot rates and congestion across key trade lanes lifted results. Revenue rose to $15.8 billion in the second quarter from $13.1 billion a year earlier. EBIT increased to $1.6 billion from $845 million, producing a 10% EBIT margin. Ocean was the principal earnings driver, adding $2 billion in revenue during the quarter. The Copenhagen-based company (OTC: AMKBY) said disruption to traffic through the Strait of Hormuz prompted cargo destined for the Gulf region to move through alternative ports and inland routes. Maersk redeployed affected vessel capacity to other expanding trades. Import demand was particularly strong in Africa, North America and Latin America, while exports from the Far East - especially China - remained a principal source of volume growth. Spot freight rates rose substantially, according to Maersk, reflecting demand, increasingly unbalanced trade flows, tight capacity and port congestion in Europe, the Middle East, the east coast of South America and West Africa. The company said these supply-chain bottlenecks are straining landside infrastructure from ports to inland transportation networks. Ocean Leads Improvement Maersk's ocean segment increased revenue by 23% year over year. Loaded volumes rose 4.1%, led by Asian exports, while average loaded freight rates increased 22%. Vessel utilization remained high at 96%. Ocean EBIT reached $935 million, compared with $229 million in the prior-year quarter and a $192 million loss in the first quarter of 2026. Unit cost at fixed energy declined 0.8%, as greater volumes offset higher operating expenses. Logistics & Services revenue grew 15% year over year and 11% sequentially, with an EBIT margin of 5.1%, up 0.5 percentage points from the first quarter. The segment generated EBIT of $217 million, compared with $175 million a year earlier. Maersk cited Gulf-region landbridge services, strong air and project logistics forwarding volumes, and favorable contract mix in its Solutions segment. Terminals revenue increased 11%, supported by a 7.1% improvement in revenue per move and 2.2% volume growth. Terminal EBIT was $458 million, essentially unchanged from $461 million in the second quarter of 2025. Guidance raised again Maersk now expects full-year global container-market volume growth of about 4% and raised its 2026 financial guidance: The company attributed the revision to its second-quarter performance and improved visibility for the rest of the year. Maersk also highlighted continued infrastructure investment, including the opening of APM Terminals' $350 million fully electrified container terminal at Suape, Brazil, and an agreement with Hateco Group and Da Nang City to develop and operate Vietnam's Lien Chieu Container Terminal. Maersk said the Vietnam project represents investment of more than $1.7 billion. Read more articles by Stuart Chirls here. Read more: Upcoming FreightWaves Events Compliance Brokerage Compliance Symposium The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry. October 26, 2026 The Signal at Chattanooga Choo Choo - Chattanooga, TN F3 Awards Dinner The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room. October 26, 2026 The Signal at Chattanooga Choo Choo - Chattanooga, TN FreightTech F3: Future of Freight Festival Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals. October 27, 2026 - October 28, 2026 The Signal at Chattanooga Choo Choo - Chattanooga, TN

Maersk increases revenue and forecast in Q2/26. Aug 13, 2026 at 10:23 AM A.P. Moller - Maersk A/S reported a positive business development in the second quarter of 2026, characterized by high demand and rising spot prices in the Ocean segment, as well as growth across all business areas. The company has raised its forecast for the full year and now expects an adjusted EBITDA of 10.5 to 12.5 billion USD, up from a previous estimate of 8 to 10 billion USD. The adjusted EBIT is now projected to be between 4.5 and 6.5 billion USD, instead of the previous estimate of 2 to 4 billion USD. Financial key figures and business development. In the second quarter, Maersk achieved an EBITDA of 3.0 billion USD and an EBIT of 1.6 billion USD, representing an increase compared to both the previous year and the first quarter. Transport volumes in the Ocean segment grew by 4.1%, leading to a significant improvement in revenues. The Logistics & Services segment increased revenue by 15% and improved the EBIT margin to 5.1%. The terminals recorded a volume increase of 2.2% and were able to maintain strong revenues. Additionally, the company continued its share buyback program amounting to 1.0 billion USD. Vincent Clerc, CEO of Maersk, emphasized that demand from the Far East has risen sharply since 2024, leading to unbalanced trade flows and challenging land infrastructure capacities. He pointed out that the company's global team is capable of seizing opportunities in these difficult markets, resulting in significant growth in volumes and revenues. Segment analyses. In the Ocean segment, the company reported strong operational and commercial performance. Revenue increased by 23%, while loaded volumes rose by 4.1%, supported by exports from Asia. Average freight rates increased by 22%, and vessel utilization remained high at 96%. EBIT in this segment was 935 million USD, compared to 229 million USD in the same quarter last year. The Logistics & Services segment also showed positive development with an EBIT margin of 5.1%, representing an increase of 0.5 percentage points compared to the previous quarter. Revenue grew by 15% year-over-year and by 11% compared to the previous quarter. EBIT was 217 million USD, compared to 175 million USD in the same quarter last year. The terminals were able to increase their revenue by 11%, supported by a 7.1% increase in revenue per movement. EBIT in this area was 458 million USD, compared to 461 million USD in the same quarter last year. Investments and future outlook. Maersk continued to invest in critical trade infrastructure and supply chain capacities. A significant project was realized in Brazil, where APM Terminals opened the first fully electrified container terminal on the continent in Suape. In Vietnam, APM Terminals and the Hateco Group signed an agreement for the construction and operation of the Lien Chieu Container Terminal, representing an investment of over 1.7 billion USD. Based on the actual performance in the second quarter and an improved outlook for the rest of the year, Maersk has updated its financial forecast for 2026. The company expects global container market growth of about 4% for the full year. The updated forecast includes an adjusted EBITDA of 10.5 to 12.5 billion USD and an adjusted EBIT of 4.5 to 6.5 billion USD. Sensitivity analyses show that Maersk's financial performance depends on various factors related to uncertain macroeconomic conditions, bunker oil prices, and freight rates.