Business

Global Container Market Faces Downturn: Maersk Slashes 2025 Growth Forecast Amid Economic Uncertainties

Maersk Adjusts Container Market Outlook

In a surprising turn of events, AP Moller-Maersk A/S, a leading global shipping giant, has revised its 2025 global container market volume forecast from an expected growth of 4% to a decline of 1%. This significant adjustment was announced in the company's recent earnings report on Thursday.

Reasons Behind the Revision

The company attributed this downward revision to "the increased macroeconomic and geopolitical uncertainty," highlighting the challenges facing the global shipping industry.

Financial Performance Highlights

Despite the bleak market outlook, Maersk reported a robust financial performance in the first quarter of the year. Revenue saw an 8% increase, reaching $13.3 billion, while EBITDA experienced a remarkable 70% year-on-year surge to $2.7 billion.

Market Reaction

Following the announcement, Maersk's shares witnessed a 1.97% drop at 9:37 am CET, reflecting investor concerns over the revised market outlook.