The Maersk Alfirk, on the left, and the express container ships in Colorado accosted at the port of Los Angeles in Los Angeles, California, in the United States, on Thursday, April 24, 2025.
Bloomberg | Bloomberg | Getty images
Danish expedition giant Maersk Thursday, published the operating profit of the first quarter stronger than expected on Thursday and maintained its annual directives.
The company, widely considered as a world trade barometer, said preliminary underlying profits before interest, taxes, depreciation and amortization (EBITDA) of $ 2.71 billion for the first three months of the year.
This increased by 70%, against $ 1.59 billion over the same period a year earlier and higher than 2.57 billion dollars expected by analysts from an LSEG survey.
Maersk has kept its directives on the profits of 2025 unchanged between 6 billion and $ 9 billion, but said that the growth of the global container market had been revised from -1% to 4% “given the increase in macroeconomic and geopolitical uncertainty.
The disruption of the Red Sea, on the other hand, should continue throughout the rest of the year, said Maersk.
“We have provided solid results compared to the same quarter of last year, driven by the momentum in our operational efficiency and a global economy in good shape during the first three months,” said CEO of Maersk, Vincent Clerc, in a press release.
“With the trade tensions that extend and increased uncertainty, global supply chains are again under the spotlight,” he added.
The results arise as the maritime transport industry continues to navigate a complex tariff landscape launched by the administration of the American president Donald Trump.
Trump’s current policy includes 145% import duties on China products, which has prompted Beijing to retaliate with prices on American products.
Maersk shares have been down around 6% since the start of the year.
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