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FrontRow · Aug 13, 2026

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Danish shipping giant Maersk on Thursday hiked its 2026 earnings guidance for the second time this year, as global trade movements remain stymied by the Strait of Hormuz blockade. Maersk, widely regarded as a barometer of global trade, reported preliminary underlying earnings before interest, tax, depreciation and amortization (EBITDA) of $3 billion for April to June. That's well above the $2.04 billion expected by analysts in an LSEG-compiled consensus. "This is a really, really strong result in a very disrupted world," Maersk CEO Vincent Clerc told CNBC's "Squawk Box Europe" on Thursday, citing both war in the Middle East and U.S. tariffs. "What is the key feature for me, what is going on in shipping markets, is the incredible resilience of demand and the incredible resilience of the economy which has led volumes to continue completely unabated," he said.

Danish shipping giant Maersk on Thursday hiked its 2026 earnings guidance for the second time this year, as global trade movements remain stymied by the Strait of Hormuz blockade. Maersk, widely regarded as a barometer of global trade, reported preliminary underlying earnings before interest, tax, depreciation and amortization (EBITDA) of $3 billion for April to June. That's well above the $2.04 billion expected by analysts in an LSEG-compiled consensus. "This is a really, really strong result in a very disrupted world," Maersk CEO Vincent Clerc told CNBC's "Squawk Box Europe" on Thursday, citing both war in the Middle East and U.S. tariffs. "What is the key feature for me, what is going on in shipping markets, is the incredible resilience of demand and the incredible resilience of the economy which has led volumes to continue completely unabated," he said.

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