Both its A and B shares showed gains north of 7% in the hours after its second quarter profit of$1.08bn cruised past market expectations of $846m.

Analysts at DNB Markets say three of Maersk’s four core divisions, Maersk Line, Maersk Drilling and Maersk Oil, produced better than forecast figures.

Maersk Line recorded an adjusted profit of $1.099bn for the quarter, ahead of the $797m consensus, Nicolay Dyvik, Oyvind Berle and Petter Haugen said.

Frode