Danish shipping conglomerate Maersk — long seen as a barometer of world trade — has raised its 2026 earnings guidance for the second time this year, even as global shipping routes remain disrupted by the ongoing blockade at the Strait of Hormuz.
Maersk shares jumped 7% on the news, after the company reported preliminary second-quarter earnings of $3 billion, comfortably beating analyst expectations of just over $2 billion. The strong results come despite warnings from shipping companies that port congestion and trucking delays could continue to push up global delivery costs.
The news landed on a broadly positive day for markets. Wall Street futures ticked higher ahead of a closely watched U.S. inflation report, while oil prices slipped, with Brent crude falling nearly 2% to trade around $87 a barrel. Investors increasingly believe the U.S. Federal Reserve will hold off on further interest rate hikes, following a cooler-than-expected inflation reading and a softer July jobs report.
World
Maersk Hikes Earnings Guidance Despite Hormuz Blockade
News DeskPublished August 13, 2026

Share this story
Related Stories
WorldUS House passes sweeping Russia sanctions bill, sending it to Trump
September 17, 2026
WorldSaudi coalition says it downs Houthi drone south of Mecca as Red Sea crisis deepens
September 16, 2026
WorldPakistan Emerges as a Rising ‘Hinge Power’ on the Global Stage
August 14, 2026
WorldWorld Just Logged Its Second-Warmest July Ever, UN Warns
August 13, 2026Planet & environment
Climate & Sustainability
News, stories and solutions driving change towards a greener and more sustainable planet for future generations.
ClimateCOP31 presidency and OECD announce Paris partnership on climate finance and delivery
President-Designate Murat Kurum frames climate finance as strategic security at OECD headquarters, cites Türkiye’s SURFF urban-resilience facility as an implementation bridge, and invites ambassadors to Antalya ahead of the 11–12 November Leaders Summit.
Read full storyLatest updates
ClimateHimalayan warming linked to conditions behind Nepal’s deadly rock-ice cascade
September 17, 2026
ClimateHorticulture Agency Rawalpindi Holds Tree Plantation Drive at Women’s College
September 16, 2026
ClimateWMO warns very strong El Niño likely to persist into early 2027
September 16, 2026Browse by topics
Browse
by
topics

Every Action Counts
Small steps today, big impact tomorrow.




