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Home > All news > Maersk converts market opportunities into significantly higher earnings and raises full-year guidance

Maersk converts market opportunities into significantly higher earnings and raises full-year guidance

2 hours ago
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Copenhagen - The global economy maintained resilient and broad-based growth in Q3, and global container demand grew between 2% and 4% year-on-year. Asian exports saw a deceleration in July and August amidst weather-­related disruptions. On the import side, softer demand growth in Europe and the drag exerted by Middle Eastern imports were partially offset by solid growth in Africa, Latin America and North America. The quarter was marked by a severe typhoon season in Asia resulting in substantial port congestion that absorbed a sizeable amount of vessel capacity. At its peak, global average port waiting times . . .

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