Great Q2 for Maersk

We in Maersk, being the world’s largest container shipping firm, has posted a sharp increase in second-quarter earnings as congestions and bottlenecks continue to drive up shipping rates.

Our Q2 finacial report presented today shows earnings before interest, tax, depreciation and amortization (EBITDA) of $5.1 billion, a 200% increase from the $1.7 billion reported in the same period last year. Revenues were up almost 60% to $14.2 billion.