
On January 21st local time, US President Trump explicitly stated at the World Economic Forum in Davos, Switzerland, that he would not use force to seize Greenland. After meeting with the NATO Secretary-General, he also said that he would not impose tariffs on eight European countries as originally planned in opposition to the US acquisition of Greenland.
Trump delivered a speech at the World Economic Forum Annual Meeting, once again defending his pursuit of Greenland, stating that this aligns with the United States' "core national security interests." He further stated, "I don't need to," "I don't want to," and "I'm not going to" use force to take over this Danish autonomous territory, and the United States is seeking to "immediately" start negotiations regarding the "purchase" of Greenland.
He sent a direct message to Denmark and Europe, saying, "You can agree, and we'll appreciate it; or you can refuse, and we'll remember."
Meanwhile, Danish Foreign Minister Jeppe Kofod stated the same day that the US's ambitions to annex Greenland remain very clear, stating, "It is clear that the intentions of the US President have not changed."
Reports indicate that Trump's ambitions to annex Greenland could pose challenges for Maersk. Maersk's US subsidiaries - Maersk Line and Farrell Lines - are suppliers for the US Maritime Security Program, with Maersk owning 23 of the 60 vessels in the program.
Jyske Bank predicts that Maersk will face a difficult year and may incur losses in 2026. Haider Anjum, senior analyst at the bank, stated, "We believe that Maersk is absolutely one of the best companies in the industry, but we cannot ignore the fact that with the increasing imbalance between supply and demand, we foresee challenges for the industry in the foreseeable future."
He expects Maersk to achieve an operating profit of $234 million in the fourth quarter of 2025. For 2026, Jyske Bank forecasts that Maersk's container volume will see a growth of -2% to +2%, with Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) ranging from $4 billion to $7 billion, and an operating profit of -$3 billion to $0 billion.