0732 GMT - The container shipping industry is facing significant uncertainties around the timing of the Red Sea reopening, fuel costs and fuel availability, and global demand, Deutsche Bank analyst Harishankar Ramamoorthy writes. In addition, a record-high order book for new ships, around 38% of the current global fleet, creates oversupply risks. This makes it challenging to establish a firm or constructive view on the outlook for the industry, he adds. Maersk maintained its full-year 2026 Ebitda guidance of $4.5 billion to $7 billion, translating to a very wide range of EBIT at minus $1.5 billion to positive $1 billion. Hapag-Lloyd also maintained guidance with a very wide range of EBIT at minus $1.5 billion to positive $500 million. Maersk shares fall 1.2% while Hapag-Lloyd shares rise 1.2%. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
May 22, 2026 03:32 ET (07:32 GMT)
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