AP Moller-Maersk has lifted its earnings forecast for the second quarter on the basis of better-than-expected container volumes for its containership operations.
The Danish liner giant said market demand in the second quarter is developing more favourably than originally expected, with Maersk’s volumes downfall now anticipated to be in the range of 15% to 18% for the period, compared to its initial guidance calling for a drop of 20% to 25%.
