AP Moller-Maersk painted a positive picture of the global economy and investment landscape as it rolled out a disappointing set of second quarter figures today.

Chief executive Soren Skou believes the “global economy is doing well” at a time when the outlook for the container shipping market is improving.

“Global GDP growth is edging up towards 3%, driven by the big old economies, Europe and the US, as well as China,” Skou said

“We also see contraction has stropped in certain economies that are dependent on raw materials and oil prices, such as Russia and Brazil.