The ships of the Maersk Alfrek container, left, and Colorado Express, a container in the Los Angeles Port in Los Angeles, California, the United States, on Thursday, April 24, 2025.
Bloomberg Bloomberg Gety pictures
Danish shipping giant Marsk On Thursday, operating profits in the first quarter of expected, but warned that the current level of commercial tariffs between the United States and China could restrict the sizes of the global container market.
The company, which is widely considered as a scale for global trade, has reported the basic initial profits before interest, taxes, depreciation and firefighting (EBITDA) of $ 2.71 billion for the first three months of the year.
This increases 70 % of $ 1.59 billion Over the same period in the previous year and above 2.57 billion dollars expected by analysts in the LSEG survey.
Maersk kept the 2025 profit directions between 6 billion dollars and 9 billion dollars, but he said that the growth of the global container market in 2025 had been revised to -1 % to 4 % “given the increase in total and geopolitical economic uncertainty.” Maersk has already expected the size of the container size by 4 % in 2025.
The results come as the shipping industry continues to move in a complex introductory scene raised by the administration of US President Donald Trump.
Trump’s current policy includes 145 % of import duties on products from China, which prompted Beijing to return to definitions of American goods.
“The first quarter, in fact, was a continuation of a very strong demand and a very strong economy throughout the past year. Thus, on this strong demand, we were able to achieve these really strong results,” CNBC.Squawk Box Eurobe“Thursday.
“These results were also the fruit of the strong preparation of what would come forward. We knew it would be rugged, and in fact after the April 2 announcement, things became a little more rugged,” continued.
“The main thing for us is that, as it is today, this is often an issue in American China and has not yet been contaminated from any of the other commercial corridors-either of origins and other destinations with the United States or China or even when the rest of the world is circulating together,” Clars said.
“A lot of fluctuations”
On the sizes of the container market, Clerc said that the size and escalation of rapid definitions between the United States of China led to a sharp correction.
The company said that the sizes of the China and the United States container market decreased between 30 % to 40 % in April, as customers followed the waiting approach and vision in the customs tariff mode.
“Unless we find a solution there, the current level of definitions is simply exorbitant on both sides to show some recovery. So, the effect of targeted so far,” Clars said, adding that he expects “a lot of fluctuations in the future.”
Mercsk said it is expected that the turmoil in the Red Sea will continue throughout the rest of the year.
The shares of the company were traded by 2.5 % shortly after the opening bell.
https://image.cnbcfm.com/api/v1/image/108142637-1746681709919-gettyimages-2210849862-bre038.jpeg?v=1746681781&w=1920&h=1080
Source link