Danish shipping giant Maersk said Thursday that profits in the third quarter were six times higher than the same period last year as it maintains high prices to get trade through conflict zones.
Net profits from trading from July to September rose to $3.049 billion, while turnover rose 30 per cent to $15.76 billion.聽
The world鈥檚 number two shipping operator said it expected operating profit of between $5.2 and $5.7 billion, up from a previous forecast of $3.0 billion to $5.0 billion.
鈥楾his quarter, we once again supported our customers through times of high volatility and low visibility,鈥� said AP Moller-Maersk chief executive Vincent Clerc.