Danish shipping company A.P. Moller-Maersk's revenue grew by 25 percent to $9.5 billion in the second quarter of 2018, compared to the same period of 2017, the company said on Friday.
Maersk said that revenue growth was seen in key areas such as logistics and services, which among others, was positively affected by increase in service of the company's customers supply chain management.
"With revenue up in the second quarter, we continued to deliver strong growth. We expect revenue of around $40 billion in 2018, up almost 50 percent since 2016," said Soren Skou, CEO of A.P. Moller - Maersk.
"For the rest of the year we expect improvements in our profitability driven by lower unit cost and higher freight rates," he added.
By Murat Temizer