Maersk Q1 EBIT Reaches $340 Million, Cargo Volumes Grow Across All Three Business Segments

en.Wedoany.com Reported - Danish company Maersk reported an EBIT of $340 million for the first quarter of 2026, with cargo volume growth achieved across all three business segments. Ocean freight volumes grew 9.3%, Logistics & Services revenue increased 8.7%, and terminal throughput rose 4.3%, which the group attributed to operational improvements and cost control in a volatile market.

EBITDA for the quarter was $1.8 billion, down from $2.7 billion in the same period last year, with an EBIT margin of 2.6%, higher than the 0.9% in Q4 2025 but lower than the prior-year period. Maersk stated that severe industry overcapacity continued to pressure freight rates, despite its increased ocean shipping market share. The company's flexible network reduced ocean unit costs by 7% and helped mitigate disruptions caused by the situation in the Middle East.

The full-year 2026 guidance remains unchanged, with global container market growth expected to be between 2% and 4%. During the quarter, Maersk ordered eight 18,000 TEU dual-fuel vessels for delivery in 2029-2030, and continued to advance expansion projects through APM Terminals, including projects in Brazil, Vietnam, Mexico, Saudi Arabia, and Germany. In Bremerhaven, Germany, APM Terminals and Eurogate agreed to invest €1 billion ($1.18 billion) to increase the handling capacity of the North Sea Terminal Bremerhaven from 3 million TEU to 4 million TEU.

Maersk A/S is a Danish integrated logistics company with operations spanning ocean shipping, logistics services, terminals, and air freight, operating in over 130 countries with approximately 100,000 employees. APM Terminals is the terminal operating division under Maersk, engaged in the development, ownership, and operation of port and inland infrastructure projects.

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