23 Hrs
Source:
المشهد العربي
Maersk upgrades profit outlook
Danish company A.P. Moller-Maersk announced strong financial performance in the second quarter of 2026, supported by rising global demand and increasing shipping rates. This prompted them to raise their full-year profit forecast to a range between $10.5 billion and $12.5 billion, up from previous estimates of $8 billion to $10 billion. The company also continued its $1 billion share buyback program and addressed the challenges faced by global supply chains, including disruptions in the Strait of Hormuz, which led to rerouting shipments and increased maritime transportation costs.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)