AP Moeller - Maersk A/S B

Mr. Sanphet Boonyamanee, Deputy Minister of Transport, welcomed Mr. Rene Piil Pedersen, Managing Director, and representatives of A.P. Moller-Maersk Singapore Co., Ltd., along with a delegation, to discuss ways to expand investment and elevate cooperation in logistics systems on 30 September 2026 at the Ministry of Transport meeting room. Mr. Weerayut Ngamchit, Assistant Secretary to the Deputy Minister of Transport, Mr. Weerachat Phuttharaksa, Deputy Director of Laem Chabang Port, and representatives of relevant agencies joined the discussion. Mr. Sanphet disclosed that Maersk has been an economic partner and a major foreign investor in Thailand for more than 75 years, serving as a co-operator of berths B1 and A0 in the Laem Chabang Port area, as well as managing the Lat Krabang Inland Container Depot, or Lat Krabang ICD, all of which are core infrastructure driving the country's trade and exports. The Ministry of Transport is committed to developing the port into a regional logistics hub while promoting environmentally friendly water transport systems to concretely transition toward becoming a Smart & Green Port and a Green Logistics Corridor. Maersk presented approaches to promoting green logistics systems through technology and clean energy, such as supporting the use of container ships powered by bio-methanol, introducing electric trucks for container transport, applying digital technology in management, and enhancing the efficiency of rail transport links between Lat Krabang ICD station and Laem Chabang Port to build a sustainable, environmentally friendly supply chain.

A.P. Moller-Maersk has taken over management of Puma's three large, highly automated distribution centers in the United States and turned them into multi-client facilities, with Puma letting Maersk rent out unused space to other companies. Under the contract logistics agreement for North America, Maersk will operate warehouses in Torrance, California; Phoenix; and Whitestown, Indiana, outside Indianapolis, totaling about 2.3 million square feet. Puma said outsourcing its U.S. distribution network to Maersk will help maximize the performance of its automated facilities, speed up order processing and reduce costs while supporting retail stores, wholesale customers and online shoppers. The three centers are equipped with AutoStore robotic storage and retrieval systems, and the Torrance facility will become Maersk North America's first AutoStore deployment supporting multiple clients, with capacity for other brands starting in 2027 and the ability to handle roughly 20 million units of throughput each year. Maersk North America operates more than 70 warehouses covering about 22.5 million square feet, and globally Maersk has more than 500 warehouses under management.

Danish shipping giant Maersk on the 13th raised its full-year profit forecast for the second time this year, citing higher freight rates driven by the Middle East conflict and solid demand. Second-quarter operating profit came in above expectations. Earnings before interest, tax, depreciation and amortisation, a proxy for operating profit, was 3 billion dollars, up from 2.3 billion dollars a year earlier and above the median forecast of 2.12 billion dollars from 11 analysts compiled by Maersk. Under the revision, underlying EBITDA was raised to between 10.5 billion and 12.5 billion dollars from the previous range of 8 billion to 10 billion dollars, while underlying operating profit was lifted to between 4.5 billion and 6.5 billion dollars from 2 billion to 4 billion dollars. Higher ocean freight rates, driven by the effective closure of the Strait of Hormuz amid the Iran conflict and attacks by Iran-aligned Houthi forces in the Red Sea, are boosting Maersk's performance. However, some analysts caution that the recent surge in freight rates is only a near-term tailwind that masks bigger risks ahead, and that a normalisation of Red Sea transit would put significant downward pressure on rates.

A.P. Moller - Maersk reported second-quarter profit of $1.26 billion, more than double the $586 million earned a year earlier. Revenue climbed to $15.76 billion from $13.13 billion, while underlying profit rose to $1.30 billion from $614 million. The company raised its full-year guidance, now expecting underlying EBITDA of $10.5 to $12.5 billion, up from a prior range of $8 to $10 billion, and underlying EBIT of $4.5 to $6.5 billion, up from $2 to $4 billion. Maersk shares last traded at 17,405 kroner on Nasdaq Copenhagen.

Maersk announced it will return another headhaul service to the full Suez Canal-Red Sea route, effective immediately. The decision, made jointly with Gemini cooperation partner Hapag-Lloyd, shifts the AE19 service from the Cape of Good Hope to the trans-Suez corridor following security assessments. The change starts with the Berlin Maersk westbound voyage 628W and eastbound voyage 637E, with a rotation including Xingang, Qingdao, Busan, Ningbo, Shanghai, Tanjung Pelepas, Jeddah, Suez Canal, Port Said, Port Tangier, and Singapore. Maersk's first-quarter profit collapsed to $100 million from $1.2 billion a year earlier, though the company upgraded full-year guidance in June on stronger Far East demand and sustained spot-rate increases. The move adds to a gradual return to Suez routings, with the AE15 Asia–Mediterranean–Europe Gemini service already using the canal and the standalone MECL Middle East–U.S. East Coast service shifting to Red Sea-Suez in August.

Danish shipping giant Maersk has announced it will resume its Middle East–US East Coast route via the Suez Canal. In a new step toward reviving Red Sea transit, the company says a structural change returning its Middle East–US East Coast service to the Suez Canal route will significantly cut transit times. Westbound voyages are expected to be shortened by an average of seven days, and eastbound voyages by up to 14 days. Most shipping lines had abandoned the Asia–Europe trade corridor via the Suez Canal after attacks by Yemen’s Iran-backed Houthi militants in the Red Sea, forcing them onto the longer route around Africa’s Cape of Good Hope, but some carriers are now beginning to consider a phased return.

Maersk has resumed Asia to Mediterranean services through the Red Sea and Suez Canal in partnership with Hapag-Lloyd, after earlier security concerns had redirected vessels. The routing change affects container flows between key Asian export hubs and Mediterranean import terminals, representing a new service structure for Maersk's network with potential implications for transit times and capacity planning. The return to the Suez corridor follows a period when vessels were diverted away from the area for security reasons. The renewed use of the canal could influence how shippers balance speed, cost and risk across Asia to Europe trades.

U.S. retailers are advancing holiday-season orders from China by four to six weeks to secure inventory ahead of potential tariff hikes later this year, shipping executives told Reuters. Tony Meng, a senior sales manager at XPD Global in China, said there is an expectation that tariffs could be raised or restored to previous levels, prompting a rush to get goods in before that happens. Order volumes, which typically peak from July through September, exceeded expectations in May and June, driving a surge in freight rates and a 35% jump in U.S. imports from China in May. Maersk reported that container space on the China–U.S. route has been tightening since mid-May due to stronger customer demand and earlier seasonal bookings. The frontloading comes as the U.S. Trade Representative has proposed a 12.5% tariff on imports from China and other countries following a forced labor investigation, with a final decision expected in the coming months.

A.P. Moller-Maersk raised its full-year 2026 earnings guidance, citing stronger-than-expected container demand and sustained freight rate increases. The company now expects underlying EBITDA between $8 billion and $10 billion, up from a prior forecast of $4.5 billion to $7 billion, and underlying EBIT between $2 billion and $4 billion, compared with a previous range of a $1.5 billion loss to a $1 billion profit. Free cash flow is now seen as an outflow of at least $1.5 billion, improved from at least $3 billion. The revised outlook assumes global container market growth of about 4 percent this year, at the high end of the earlier 2 percent to 4 percent forecast. Maersk attributed the upgrade to continued market strength, particularly in Asia, and a sustained rise in spot freight rates, with Drewry's World Container Index reaching $4,166 per 40-foot container, its highest since September 2024 and up more than 45 percent over the past month. The company also shifted most of its eastbound Southern California intermodal business from BNSF Railway to Union Pacific, with Union Pacific's share of those volumes crossing 50 percent in early June and reaching about 76 percent a week later.

A.P. Møller-Mærsk repurchased 1,500 A-shares and 5,260 B-shares between June 15 and June 19 as part of its ongoing share buy-back program. The total transaction value for the A-shares was 23,401,800 Danish kroner, with daily average purchase prices ranging from 14,901.0000 kroner on June 18 to 16,480.3667 kroner on June 15. For the B-shares, the total transaction value reached 84,201,215 kroner, with average prices per B-share of 16,886.5589 kroner on June 15, 16,186.4163 kroner on June 16, 15,845.6654 kroner on June 17, 15,387.8565 kroner on June 18, and 15,732.6806 kroner on June 19. The program, announced on February 5, 2026, has a total value of up to 6.3 billion kroner and runs for up to 12 months, with the first phase limited to a market value of 3.15 billion kroner. After these transactions, the company holds 28,348 A-shares and 182,583 B-shares as treasury shares, representing 1.44 percent of the share capital.