ZIM Shares Up 1.3% After Maersk Upgrade

Overview

Shares of ZIM Integrated Shipping Services rose over 1.3% on Monday, reversing earlier losses, after competitor Maersk upgraded its full‑year financial outlook.

Maersk Guidance Upgrade

Maersk announced that its underlying EBITDA for the full year is now expected to be between $8 billion and $10 billion, up from the prior range of $4.5 billion to $7 billion. The underlying EBIT forecast was also raised to a range of $2 billion to $4 billion, moving from a previous outlook of a negative $1.5 billion to a positive $1 billion. Additionally, Maersk improved its free cash flow guidance, now expecting at least a negative $1.5 billion, compared with the earlier expectation of at least a negative $3 billion.

Rationale Provided by Maersk

The Danish shipping group attributed the upgraded outlook to continued strong demand in the container market, particularly in the Far East, and a sustained increase in spot market rates.

Publication Details

The news was reported by Reuters, authored by Vlad Schepkov, and published on 29‑06‑2026 at 11:04 pm.