Shipping giant posts profit beat

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Shipping giant posts profit beat

The Maersk Alfirk, left, and Colorado Express container ships docked at the Port of Los Angeles in Los Angeles, California, US, on Thursday, April 24, 2025.

Bloomberg | Bloomberg | Getty Images

Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit and maintained its full-year guidance.

The company, widely regarded as a barometer of global trade, reported preliminary underlying earnings before interest, tax, depreciation and amortization (EBITDA) of $2.71 billion for the first three months of the year.

That’s up 70% from

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over the same ******* a year earlier and above the $2.57 billion expected by analysts in an LSEG poll.

Maersk kept its 2025 profit guidance unchanged at between $6 billion and $9 billion but said global container market volume growth had been revised to -1% to 4% “given the increased macroeconomic and geopolitical uncertainty.”

Disruption in the Red Sea, meanwhile, is expected to continue throughout the rest of the year, Maersk said.

The results come as the shipping industry continues to navigate a complex tariff landscape sparked by U.S. President Donald Trump’s administration.

Trump’s current policy includes 145% import duties on products from China, prompting Beijing to hit back with tariffs on U.S. goods.

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