by Manal Barakat, SeaNewsEditor
Following robust financial results for the second quarter, Danish carrier Maersk raised its financial outlook for the full year 2025.
In a recent press release, the liner reported an EBITDA of USD 2.3 billion for April to June, marking a 7.1% increase year-on-year.
However, EBIT fell by 12.3% to USD 845 million, while quarterly revenue rose by 2.8% to USD 13.1 billion.
In its ocean segment, Maersk said that volumes grew by 4.2% compared to the same quarter last year.
The company attributed the strong first-half performance to operational improvements and the successful implementation of the Gemini Cooperation.
Maersk now anticipates full-year EBITDA between USD 8 billion and USD 9.5 billion and EBIT of USD 2 billion to USD 3.5 billion.
About its forecast regarding Red Sea transits, the company believes shipping through the Suez Canal will continue to be disrupted throughout 2025.
In other news, the company disclosed the purchase of the Panama Canal Railway Company with USD 687 million.
According to a report by ShippingWatch, the acquisition, made in early April, involves a 76 km railway along the Panama Canal, connecting the Atlantic and Pacific oceans.