AP Moller-Maersk has added $4bn to its profit guidance for 2021 on the back of logistical bottlenecks and surging container rates.

The Danish giant said it expects to record underlying Ebitda of $22bn to $23bn during 2021, up from its previous expectations of $18bn to $19.5bn.

Its underlying Ebit — operating profit — is expected to reach $18bn to $19bn, which is up from the previous range of $14bn to $15.5bn.