Reported about 5 hours ago
Maersk forecasts a 4% growth in container shipping for 2025 but anticipates a decline in profits due to geopolitical tensions and tariff threats. The company projects an EBITDA of $6 to $9 billion for the year, down from $12.1 billion the previous year, as continuing disruptions in the Red Sea shipping route influenced by militant attacks may impact performance. Maersk's stronger-than-expected Q4 earnings, which rose to $3.6 billion, have led to a 10% spike in its share price.
Source: YAHOO