Maersk Q3 profit surges with freight rates as Red Sea threat seen lasting 'well into 2025'

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Sky_Blue/iStock Unreleased via Getty Images A.P. Moller-Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) reported Thursday that Q3 net profit jumped by nearly 6x as continued disruptions in Red Sea shipping lanes ...

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Moller-Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) reported Thursday that Q3 net profit jumped by nearly 6x as continued disruptions in Red Sea shipping lanes ...</p>\n\n<a href=\"https://seekingalpha.com/news/4229015-maersk-q3-profit-surges-with-freight-rates-as-red-sea-threat-seen-lasting-well-into-2025\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Maersk Q3 profit surges with freight rates as Red Sea threat seen lasting 'well into 2025'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMaersk Q3 profit surges with freight rates as Red Sea threat seen lasting 'well into 2025'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-31 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4229015-maersk-q3-profit-surges-with-freight-rates-as-red-sea-threat-seen-lasting-well-into-2025><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sky_Blue/iStock Unreleased via Getty Images A.P. Moller-Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) reported Thursday that Q3 net profit jumped by nearly 6x as continued disruptions in Red Sea shipping lanes ...</p>\n\n<a href=\"https://seekingalpha.com/news/4229015-maersk-q3-profit-surges-with-freight-rates-as-red-sea-threat-seen-lasting-well-into-2025\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMKBF","symbol_name":"A.P. 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Moeller-Maersk A/S"},"translate_title":"由于红海威胁预计将持续“直至2025年”，马士基第三季度利润随运费飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMKBF":0.9,"AMKBY":0.9},"content_text":"Sky_Blue/iStock Unreleased via Getty Images A.P. Moller-Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) reported Thursday that Q3 net profit jumped by nearly 6x as continued disruptions in Red Sea shipping lanes pushed freight rates higher. The company, which last week pre-released some Q3 earnings results and raised full-year guidance, reported net profit surged to $3.05B from $521M and revenues rose to $15.76B from $12.13B in the year-earlier quarter, including revenues in its ocean business jumped to $11.11B from $7.9B a year ago, as freight rates rose 54% Y/Y and volumes increased just 0.3%. Q3 EBITDA of $4.8B and underlying EBIT of $3.3B were in line with pre-released guidance. Last week, Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) raised FY 2024 guidance for the fourth time this year, seeing underlying EBITDA of $11B-$11.5B, underlying EBIT of $5.2B-$5.7B, and free cash flow of at least $3B, with the global container market expected to grow ~6% this year. Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) said it expects strong demand for shipping goods around the world to continue in the coming months, but sees no return to sailing through the Suez Canal until 2025 due to the threat of Red Sea attacks. \"There are no signs of de-escalation and it is not safe for our vessels or personnel to go there... Our expectation at this point is that it will last well into 2025,\" CEO Vincent Clerc said.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480843053"}