Maersk has raised its profit outlook for 2024 amid strong market conditions. The company now expects its full-year underlying EBITDA to be between $11.0 billion and $11.5 billion, up from an earlier estimate of $10.14 billion. Preliminary Q3 results show Maersk's revenue at $15.8 billion, exceeding the estimated $14.411 billion, with EBITDA at $4.8 billion, surpassing the expected $3.63 billion. Q3 EBIT was reported at $3.3 billion, higher than the estimated $2.29 billion. The company also sees full-year underlying EBIT between $5.2 billion and $5.7 billion, up from a previous range of $3 billion to $5 billion. Maersk's shares rose by 3% in morning trade. Additionally, container charter rates have surged over 100% year-on-year, and container freight futures have seen significant gains, with December futures up 15% and February futures up 11%. ZIM Integrated Shipping Services also saw a jump in response to Maersk's raised guidance, with its shares up over 7%. However, the Shanghai Export Containerized Freight Index fell by 7.8% week-on-week to 2,204.58.