Maersk ups 2026 profit guidance again as rates stay high

RTÉ News · RTÉ News · 2026-11-05 07:49 UTC

Danish shipping group Maersk has today raised its 2026 profit guidance for a third time, as port congestion and AI-driven demand kept container freight rates high.

Danish shipping group Maersk has today raised its 2026 profit guidance for a third time, as port congestion and AI-driven demand kept container freight rates high.

But its shares fell 11% as analysts said the upgrade was expected and third-quarter profit disappointed.

The jump in profit guidance came from higher prices rather than more cargo, leaving Maersk's earnings tied to congestion and disruption that some analysts expect to fade as ships return to the Suez Canal and new vessels arrive.

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