Maersk has upgraded its full-year earnings forecast by 43% and predicts the exceptional market situation, says an article published by The Loadstar.
Ocean volumes increased by 5.7%In a trading update ahead of the release of its Q1 results next week, the Danish transport group reported an EBITDA level of $3.1bn from revenues of $12.4bn – up 106% and 71%, respectively, in the same period of 2020.
Maersk said, “Volumes in Ocean increased by 5.7% and average freight rates improved 35% in Q1 21,...
https://mfame.guru/maersk-to-increase-full-year-earning-to-43/