
On November 6th, Maersk released its financial report for the third quarter of 2025. According to the report, Maersk's revenue reached $14.2 billion in the third quarter, with an Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $2.7 billion and an Earnings Before Interest and Taxes (EBIT) of $1.3 billion.
Driven by operational improvements and proactive cost control measures, all of Maersk's business segments achieved growth compared to the previous quarter.
In the shipping segment, cost reductions and increased volume were achieved significantly through the "Twin Star" collaboration. Shipping volume increased by 7% year-on-year, with freight rates remaining relatively stable. EBIT for the shipping segment was $567 million, higher than the $229 million in the previous quarter.
In the logistics segment, excellent cost control and performance in fulfillment services, particularly in warehousing operations, further improved profitability, with a profit margin of 5.5%, up from 4.8% in the previous quarter. EBIT for the logistics segment was $218 million, higher than the $175 million in the previous quarter.
In the terminal operations segment, cargo volume, revenue, EBITDA, and EBIT all reached historic highs, maintaining a continued growth trend. Terminal cargo volume increased by 8.7% year-on-year, primarily driven by strong demand in the Americas, Europe, and Africa. Terminal utilization rates reached 89%, with some terminals operating at near full capacity. EBIT for the terminal operations segment was $571 million, higher than the $461 million in the previous quarter.