--- title: "Maersk Shares Rise as Higher Freight Rates Trigger Guidance Raise" type: "News" locale: "en" url: "https://longbridge.com/en/news/295780774.md" description: "Maersk shares rose over 5% after the shipping giant raised its full-year guidance for the second time in three months, citing higher freight rates and strong Asian demand. The company increased its underlying EBITDA target to $10.5-$12.5 billion and underlying EBIT to $4.5-$6.5 billion. This follows a strong Q2 performance with net profit doubling to $1.26 billion, driven by robust exports and offsetting Middle East conflict costs through commercial measures." datetime: "2026-08-13T10:17:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295780774.md) - [en](https://longbridge.com/en/news/295780774.md) - [zh-HK](https://longbridge.com/zh-HK/news/295780774.md) generator: "portal-rs" --- # Maersk Shares Rise as Higher Freight Rates Trigger Guidance Raise By Nina Kienle A.P. Moller-Maersk shares rose after the Danish shipping group raised its full-year guidance for the second time in less than three months, citing higher freight rates and strong demand in Asia. In European morning trade, shares in Maersk were up 5.4%, having risen as much as 8.7% earlier. This took the stock's year-to-date gains to more than 25%. Shipping companies have been grappling with the conflict in the Middle East, which has disrupted key shipping routes, forcing carriers to divert vessels around Africa and absorb higher fuel, insurance and operating costs. Maersk benefited from strong market demand in East Asia and higher spot rates, while increased costs stemming from the Middle East conflict were offset by commercial measures, it said. The company now targets underlying earnings before interest, taxes, depreciation, and amortization for the year of between $10.5 billion and $12.5 billion, ahead of its previous target range of $8 billion to $10 billion. It also raised its guidance for underlying earnings before interest and taxes to $4.5 billion to $6.5 billion, from $2 billion to $4 billion. The company had already lifted its annual forecasts in late June due to strong demand and rising freight rates. German peer Hapag-Lloyd on Thursday reported an earnings recovery in the second quarter, driven by robust exports out of Asia. Swiss logistics company Kuehne + Nagel International raised its full-year outlook last month, supported by its air logistics unit. Maersk said strong second-quarter performance and greater certainty on demand for the rest of the year led it to raise its outlook. The company expects the global container market to grow by 4% this year. For the second quarter, Maersk posted net profit of $1.26 billion, up from $586 million in the prior year's period, on revenue that increased to $15.76 billion from $13.13 billion. Maersk said each of its segments contributed with double-digit growth. The ocean unit saw a 23% jump in revenue to $2 billion, supported by higher freight rates and volume growth of 4.1%, the shipping group said. The group's underlying Ebitda rose to $2.99 billion from $2.30 billion, while underlying EBIT rose to $1.56 billion from $818 million. Write to Nina Kienle at nina.kienle@wsj.com (END) Dow Jones Newswires August 13, 2026 06:06 ET (10:06 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [AMKBY.US](https://longbridge.com/en/quote/AMKBY.US.md) - [HLAG.DE](https://longbridge.com/en/quote/HLAG.DE.md) ## Related News & Research - [Cavotec signs EUR 5 million automated mooring system order for India’s JN Port Mumbai](https://longbridge.com/en/news/296442160.md) - [Maersk’s Q2 profit smashes forecasts amid global trade turbulence, raises 2026 outlook again](https://longbridge.com/en/news/295757348.md) - [Hormuz shipping traffic shows no uptick in US-Iran geopolitical stalemate, according to data](https://longbridge.com/en/news/296425786.md) - [Hormuz shipping unchanged amid US-Iran stalemate, data shows](https://longbridge.com/en/news/296427343.md) - [Maersk raises guidance on higher earnings, increased visibility](https://longbridge.com/en/news/295757662.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**