AP Moller-Maersk has again upgraded its profits guidance after a strong third quarter and the impact of the Red Sea crisis.

It expects underlying Ebitda of between $11bn and $11.5bn for the full year, up from a previous forecast of between $9bn and $11bn, according to a trading update today.

Maersk-chartered Costamare ship sails toward Dubai with no sign of claimed Houthi attack
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Ebit is forecast to come in at $5.2bn