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

The Copenhagen-based company expects underlying Ebitda of between $11bn to $11.5bn for the full year, up from a previous forecast of between $9bn to $11bn, according to a trading update today.

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Ebit is forecast to come in at between $5.2bn