Maersk's share price is back at its former glory

After a highly unusual year that ended with a historic recovery for the container lines, Maersk's share price ends at a level that has not been seen in years. Analyst does not project this will last far into 2021, but it could rub off on the shipping company's contracts.

Photo: PR / Maersk

One has to go back several years to find a level that comes close to the price currently tagged to the Maersk share.

An unusual year first characterized by doubts, uncertainty and surprise circumstances has turned into enormous rate increases, big profits and not least a seldom seen discipline among the major container lines, and this rubs off on Maersk's share price.

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