Maersk says customers will bear rising oil costs

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Maersk says customers will bear rising oil costs
Photo: Mads Claus Rasmussen/Ritzau/TT

The sharply increasing energy prices have resulted in additional costs of $500 million per month, according to AP Møller-Mærsk's CEO, Vincent Clerc.

Despite this, the previous profit forecast for the full year 2026 is maintained.

"So far, we have been able to maintain our forecast because we can pass on these costs to our customers," Clerc told the Bloomberg news agency.

In addition to fuel prices, the company is also affected by higher insurance costs.

AP Møller-Mærsk said earlier this week that one of the company's ships had received assistance from the US in getting through the Strait of Hormuz. The company had seven ships in the area at the outbreak of the war.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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