Maersk points to ‘excellent ocean performance’ in Q3 results

The company achieved sequential growth across all business segments. Based on this, Maersk has refined the full-year 2025 financial guidance.

Highlights include excellent ocean performance with higher volumes and broadly stable loaded freight rates compared to Q2; record volumes and profitability in terminals; and continued margin improvement in logistics and services. The expected global container market volume growth has been revised to be around 4% from the previous estimate of between 2% and 4%.

Maersk chief executive Vincent Clerc said, “We have delivered a strong third quarter across our business. Our performance reflects our ability to execute and continuously improve, as well as the trust customers place in us. The new East-West network has strengthened our Ocean performance, delivering industry-leading reliability, higher volumes and lower costs. Terminals achieved another record quarter with strong volume growth, and Logistics and Services continued to enhance profitability. As market conditions fluctuate, we are well positioned to help our customers adapt and maintain stability across their supply chains.”

On the Ocean side of business, the Gemini Cooperation enabled significant cost savings and supported 7% loaded volumes growth year on year; freight rates were broadly stable quarter on quarter.

EBIT was US$567M, up from US$229M in the previous quarter.