Analysts at the Norwegian finance house are also tipping the Danish company to improve its performance in 2015 aided by savings from the new 2M alliance.

In a post-results update, Platou analysts Frode Morkedal, Herman Hildan and Alex Gheorghe said they expect AP Moller to clock a profit of $4.8bn in 2015.

They are ahead of the company’s own elevated $4.5bn