Shipping
Maersk Holds 2026 Outlook as Ocean Volumes Surge Despite Rate Pressure
Maersk reported strong Q1 2026 results with underlying EBITDA of $1.8 billion despite freight rate pressure. Ocean volumes surged 9.3% year-over-year, while Logistics & Services revenue increased 8.7% and terminal volumes climbed 4.3%. The company ordered eight new 18,600 TEU dual-fuel containerships for delivery between 2029 and 2030, maintaining its full-year 2026 guidance with expected global container market growth of 2% to 4%.