Maersk raised its full-year guidance for the third time this year amid soaring freight rates exacerbated by heavy port congestion since the summer.

For 2026, underlying forecasts for earnings before interest and taxes (EBIT) now sit at $8 billion to $8.5 billion, up substantially from the $4.5 billion to $6.5 billion guide made in August. Underlying EBITDA also benefited, now expected at $14.0 billion to $14.5 billion.

Container demand had weakened for the ocean carrier giant in the third quarter, with Maersk seeing a 0.8 percent decrease in transported volumes to 3.4 million 40-foot equivalent units due to the ongoing congestion at Asian ports .

However, Maersk’s volume on the oceans appears to have underperformed its own industry estimate.…