Solid 2Q21 results … On 2 August, Maersk reported revenue of USD14.2bn, with underlying EBITDA of USD5.1bn (up 26% q-o-q) and underlying EBIT of USD4.1bn (up 33% q-o-q). In 2Q, containers volumes handled grew 15% y-o-y while average freight rates jumped 59% y-o-y and 14% q-o-q. We have been arguing for sequential improvement given how …
The post AP Moller Maersk- Buy: Not done yet; 4Q could surprise on the upside first appeared on Hellenic Shipping News Worldwide.