Maersk Forecasts Container Volume Growth While Profits Decline in 2025

Despite continued global uncertainties, Maersk is forecasting the container market will grow by a healthy four percent in 2025 and that the company will remain at pace with the market. The company gave a positive outlook for 2025 after highlighting that 2024 was the third-best financial performance in its history.

Starting 2024, Maersk had issued a cautious note citing the factors disrupting the market and a collapse in rates that overtook the market in the latter part of 2023. Faced with the problems in the Red Sea, the prospects of dramatically higher costs, and a potential slowdown in the global economy, Maersk like its peers forecast a difficult year. Instead, the company highlights all three of its business segments performed well benefitting from a significant increase in freight rates, strong …