AP Moller-Maersk has revised its full-year guidance for 2021 upwards, with its underlying Ebitda now expected in the range of $18bn to $19.5bn.

Earlier guidance from the Danish liner giant had predicted Ebitda for 2021 would come in at $13bn to $15bn.

The company said it had made the revision after a strong second-quarter performance that was mainly driven by the “continuation of the exceptional market situation with strong rebound in demand causing bottlenecks in the supply chains and equipment shortage”.