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Banks predict more upgrades from container carriers

Maersk won't be the only carrier to announce an upgrade due to a red-hot container market fueled by sky-high rates and massive demand. Others will raise their expectations as well, according to SEB Enskilda and Sydbank.

Photo: Amr Abdallah Dalsh/Reuters/Ritzau Scanpix

The world's largest container carrier isn't the only company profiting from an extreme container market with sky-high freight rates, extremely high imports in the US and shortage of capacity.

Maersk's rivals are also seeing an onrush of billion-dollar profits as a result of a red-hot container market. Like Maersk, they will also be upgrading their earnings forecast in the coming weeks and months, analysts tell ShippingWatch.

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