A.P. MØLLER - MÆRSK A/S

“2025 was marked by persistent macroeconomic uncertainty and geo political disruption, including prolonged Red Sea challenges that reshaped global trade lanes and volatility in US trade, driven by shifting trade policies. Even though freight rates remained under pressure, A.P.”

Annual report 2025A · The company itself

“Geopolitics as a dominant force 2025 was another year with geopolitics in focus, and 2026 looks no different. US trade policy will likely remain high on the agenda, and so will relationships with traditional allies and adversaries alike.”

Annual report 2025A · The company itself

“Elsewhere, armed conflicts and tensions remain high: Despite peace negotiations, the war in Ukraine enters its fifth year in February 2026, while the situation in the Middle East, including the Red Sea region, remains fragile, even with a peace deal between Israel and Hamas.”

Annual report 2025A · The company itself

“Military conflicts or extensive naval blockades that obstruct major network routes, restrict freedom of navigation or trigger sanctions, limiting trade in key markets.”

Annual report 2025A · The company itself

“APM Terminals has divested its stake in the Tianjin joint venture.”

Annual report 2025A · The company itself

“Maersk continuously monitors and assesses geopolitical developments through internal and external intelligence, adjusting its approach to safeguard operations and customer commitments. This includes reducing exposure to critical suppliers, developing alternative sourcing strategies and maintaining flexible network and capacity options.”

Annual report 2025A · The company itself

“Increase in vessel capacity in the market could lead to a drop in freight rates that continues for longer than expected.”

Annual report 2025A · The company itself

“All else being equal, the sensitivities for 2026 for four key assumptions are listed below: Factors Change Effect on EBIT (full year 2026) Container freight rate +/- 100 USD/FFE +/- USD 1.3bn Container freight volume +/- 100,000 FFE +/- USD 0.01bn Bunker price (net of expected BAF coverage) +/- 100 USD/tonne +/- USD 0.3bn Foreign exchange rate (net of hedges) +/- 10% change in USD +/- USD 0.3bn No company can drive transformative change alone.”

Annual report 2025A · The company itself

“Volume grew by 8.9% and accordingly, utilisation increased by 7.7 percentage points to 86% (78%), with several terminals nearing the optimal utilisation limit. Revenue per move increased by 8.2%, driven by improved rates, an increase in storage revenue and improved terminal mix.”

Annual report 2025A · The company itself

“Panama Canal Railway Company acquisition On 1 April 2025, Maersk acquired the Panama Canal Railway Company (PCRC) which operates a 76-km single-track railway running parallel to the Panama Canal and connecting the Atlantic and Pacific Oceans. The railway has been integrated into the Ocean network by further improving the intermodal container offering.”

Annual report 2025A · The company itself

“At the heart of the Integrator strategy, Ocean ensures that goods keep moving across the world, providing customers with a unique offering, combining flexibility and stability to manage and simplify their end-toend supply chains. While providing access to a competitive global network, Ocean offers resilient solutions and differentiated value propositions through its global network and digital products to fit the diverging customer needs and enhance long-term partnerships. Operating one of the largest container vessel fleets in the world, Ocean carries approximately 13m FFE per annum serving over 500 ports worldwide.”

Annual report 2025A · The company itself

“Maersk operates in complex environments across fleet, terminals and logistics that, by the nature of operations, exposes the company to health and safety risks. There is a risk of incidents driven by factors such as varying safety maturity, hazardous cargo handling, severe weather and involvement of third-party personnel under our operational control.”

Annual report 2025A · The company itself

“• Technology and data Technology and data are key to connecting and simplifying supply chains. • Our customers We aspire to provide truly integrated logistics for 100,000+ customers’ supply chains, while helping them meet their decarbonisation targets. • Our people We keep our people safe and engaged while offering equitable and interesting career paths. • Society By integrating global logistics, we improve the flow of goods and materials that sustain people, businesses and economies all over the world and contribute to improved quality of life and prosperity. • The planet Maersk is a signifi - cant emitter of greenhouse gases, and we target realising net-zero emissions by 2040. • Shareholders In our transformation to become the integrator of container logistics, we continue to innovate and grow shareholder value.”

Annual report 2025A · The company itself

“As a global leader in logistics services, the company has 100,000+ customers, operates in almost 130 countries and employs 100,000+ people.”

Annual report 2025A · The company itself

“Maersk continues to prioritise and drive engagement from leaders with respect to the health and safety of its employees and third-party contractors under its operational control. Maersk continues to embed health and safety standards, processes and policies and provide trainings to raise health and safety awareness.”

Annual report 2025A · The company itself

“The impact of our cyber risk remains high, driven by higher levels of technology availability and end-to-end supply chain security as we complete our technology transformation. In addition, the rapid global adoption of AI enables greater sophistication and scale of cyber attacks.”

Annual report 2025A · The company itself

“Direct or indirect attacks on Maersk or its partners’ networks, enabled by broader digital interfaces, evolving threat sophistication and vulnerabilities in critical environments, could cause severe disruption, financial loss and reputational damage.”

Annual report 2025A · The company itself

“Maersk continues to execute its cyber security strategy, strengthen AI governance, test business continuity plans and enhance its cyber threat resilience. Maersk also continues to enhance capabilities to control impact through appropriate preparedness and response procedures.”

Annual report 2025A · The company itself

“Improving life for all by integrating the world Maersk is an integrated logistics company connecting and simplifying its customers’ supply chains. As a global leader in logistics services, the company has 100,000+ customers, operates in almost 130 countries and employs 100,000+ people. Maersk delivers innovative, reliable ocean network solutions, offers truly integrated logistics products and operates advanced container terminals, both gateways and hubs, with 60+ locations globally.”

Annual report 2025A · The company itself

“Strengthened and expanded logistics capabilities We continued to advance our Logistics & Services business, delivering improved profitability and operational performance in 2025. Despite this progress, we are not yet at our full potential across all areas. We are committed to improving the performance levels of our logistics activities.”

Annual report 2025A · The company itself

“Managed by Maersk offers Customs brokerage services, Lead Logistics, Cold Chain Logistics and Project Logistics, enabling customers to outsource part of their supply chain. Fulfilled by Maersk offers Warehousing (consolidation, deconsolidation, fulfilment), Cold Storage, Ground Freight, Depot operations and e-commerce logistics solutions, supporting integrated fulfilment solutions to improve customer consolidation. Transported by Maersk offers Landside Transportation, Air, Less than Container Load (LCL), Full Container Load (FCL) and Cargo Risk Management products, to facilitate supply chain control across Maersk. • Equipment electrification • Site energy efficiency • Integration of renewable electricity For more details, see climate change in the sustainability statement, pages 63-78.”

Annual report 2025A · The company itself

“At the heart of the Integrator strategy, Ocean ensures that goods keep moving across the world, providing customers with a unique offering, combining flexibility and stability to manage and simplify their end-toend supply chains. While providing access to a competitive global network, Ocean offers resilient solutions and differentiated value propositions through its global network and digital products to fit the diverging customer needs and enhance long-term partnerships.”

Annual report 2025A · The company itself

“Terminals are uniquely positioned to help both shipping line and landside customers, with ~75%/25% of revenue, respectively, to grow their business and achieve better supply chain efficiency, flexibility and dependability. • Equipment electrification • Integration of renewable electricity For more details, see climate change in the sustainability statement, pages 63-78.”

Annual report 2025A · The company itself

“Looking ahead, we will continue to invest in technology, data-driven solutions and automation to enhance integration and unlock new value for our customers.”

Annual report 2025A · The company itself

“There is also a focus on accelerating process automation to improve productivity and targeting volume growth. Maersk continues to execute its cyber security strategy, strengthen AI governance, test business continuity plans and enhance its cyber threat resilience.”

Annual report 2025A · The company itself

“In addition, Maersk is committed to driving AI capabilities, supported by an Enterprise AI Programme. Together, these mitigations aim to enhance operational excellence, foster collaboration and realise strategic business opportunities.”

Annual report 2025A · The company itself

“Ground Freight strengthened commercial and operational capabilities by optimising network design, leveraging AI-enabled routing, maximising asset utilisation, and expanding the North American footprint.”

Annual report 2025A · The company itself

“Gemini’s efficiencies strengthen synergies between Ocean, Logistics & Services and Terminals, reinforcing our Integrator strategy and enabling seamless flows across the segments. These gains were complemented by operational excellence milestones.”

Annual report 2025A · The company itself

“There is also a focus on accelerating process automation to improve productivity and targeting volume growth. Maersk continues to execute its cyber security strategy, strengthen AI governance, test business continuity plans and enhance its cyber threat resilience.”

Annual report 2025A · The company itself

“Ground Freight strengthened commercial and operational capabilities by optimising network design, leveraging AI-enabled routing, maximising asset utilisation, and expanding the North American footprint.”

Annual report 2025A · The company itself

“Driving the future with the Gemini Cooperation 2025 was a defining year for Ocean with the successful launch and implementation of Gemini. From day one, Gemini delivered unprecedented, industry-leading schedule reliability, setting a new benchmark for quality in global shipping.”

Annual report 2025A · The company itself

“In February 2025, Ocean launched its new East-West network operated via the Gemini Cooperation with Hapag- Lloyd. The new network is designed to offer a less complex, but more reliable shipping experience with faster responses to disruptions and demand changes. It targets over 90% schedule reliability by utilising a well-tuned system of streamlined mainliner services with fewer port calls, supported by intraregional shuttles and high-performing hubs and key gateways.”

Annual report 2025A · The company itself

“While providing access to a competitive global network, Ocean offers resilient solutions and differentiated value propositions through its global network and digital products to fit the diverging customer needs and enhance long-term partnerships.”

Annual report 2025A · The company itself

“All major verticals recorded growth in 2025, with the strongest performance in automotive, chemicals and machinery.”

Annual report 2025A · The company itself

“Terminals are uniquely positioned to help both shipping line and landside customers, with ~75%/25% of revenue, respectively, to grow their business and achieve better supply chain efficiency, flexibility and dependability. • Equipment electrification • Integration of renewable electricity For more details, see climate change in the sustainability statement, pages 63-78.”

Annual report 2025A · The company itself

“Container trade and logistics in 2025: Another year of robust demand Container trade The global container market saw solid growth in 2025 despite geopolitical turbulence and trade tensions, expanding at around 5% for the full year. In the first quarter, global container demand grew with support from all major import markets, including North America.”

Annual report 2025A · The company itself

“Landmark openings included the warehouse in Shanghai’s Lin-gang Pilot Free Trade Zone, the Mega Distribution Centre in Kuala Lumpur and new hubs in France, Senegal, Saudi Arabia, South Africa, Panama, Peru and the US.”

Annual report 2025A · The company itself

“This includes the deployment of electric trucks, improving energy efficiency across land-based logistics facilities such as warehouses, distribution centres, and depots as well as incorporating lower-impact design features in new sites.”

Annual report 2025A · The company itself

“In Chile, Maersk is creating an ecosystem of partner ships with local electric vehicle suppliers who share a mutual commitment – along with our customers – to decarbonising landside transportation. Together with partners, Maersk launched a third-party fleet of electric trucks in 2025, capable of hauling up to 25 tonnes on urban and interurban routes. These vehicles are supported by 20 high- capacity charging stations in Santiago, Chile, powered entirely by certified renewable energy.”

Annual report 2025A · The company itself

“Ocean Logistics & Services Terminals Group Executive summary Our business Performance Corporate governance Financials Sustainability SUSTAINABILITY SUMMARY Progress on energy transition Maersk progressed its shift towards energy sources with a lower climate impact across its operations in 2025 by electrifying equipment, integrating renewable energy and diversifying our mix of lower-emission marine fuels. We added 10 dual-fuel methanol vessels, bringing our fleet to 19, and advanced our multi-fuel portfolio approach through a liquefied biomethane supply agreement and a successful blended e-methanol pilot.”

Annual report 2025A · The company itself

“In Chile, Maersk is creating an ecosystem of partner ships with local electric vehicle suppliers who share a mutual commitment – along with our customers – to decarbonising landside transportation. Together with partners, Maersk launched a third-party fleet of electric trucks in 2025, capable of hauling up to 25 tonnes on urban and interurban routes. These vehicles are supported by 20 high- capacity charging stations in Santiago, Chile, powered entirely by certified renewable energy.”

Annual report 2025A · The company itself

“The legal and regulatory landscape in which Maersk operates is complex, and the company could be subject to compliance cases in connection with violations of anti- corruption laws, anti-trust regulations, international sanctions and/or data privacy.”

Annual report 2025A · The company itself

“Maersk maintains a robust compliance programme strengthened by regular risk assessments and screenings, vendor assessments, robust controls, a whistleblower system and internal and external stakeholder engagement. In addition, the company delivers targeted in-person training and e-learning sessions and proactively prepares to comply with emerging regulations.”

Annual report 2025A · The company itself

“Insufficient level of the network’s resilience or capacity could create challenges associated with reliability and unit cost that might result in loss of business and/or customers.”

Annual report 2025A · The company itself

“At the heart of the Integrator strategy, Ocean ensures that goods keep moving across the world, providing customers with a unique offering, combining flexibility and stability to manage and simplify their end-toend supply chains. While providing access to a competitive global network, Ocean offers resilient solutions and differentiated value propositions through its global network and digital products to fit the diverging customer needs and enhance long-term partnerships. Operating one of the largest container vessel fleets in the world, Ocean carries approximately 13m FFE per annum serving over 500 ports worldwide.”

Annual report 2025A · The company itself

“Maersk also signed a supply agreement for liquefied biomethane, a lower-GHG-emission fuel, and piloted new ethanol fuel blends for greater customer flexibility.”

Annual report 2025A · The company itself

“Ocean Logistics & Services Terminals Group Executive summary Our business Performance Corporate governance Financials Sustainability SUSTAINABILITY SUMMARY Progress on energy transition Maersk progressed its shift towards energy sources with a lower climate impact across its operations in 2025 by electrifying equipment, integrating renewable energy and diversifying our mix of lower-emission marine fuels. We added 10 dual-fuel methanol vessels, bringing our fleet to 19, and advanced our multi-fuel portfolio approach through a liquefied biomethane supply agreement and a successful blended e-methanol pilot.”

Annual report 2025A · The company itself

“In order to deliver profitable growth and remain an important part of the Maersk integrator strategy, APM Terminals must extend attractive concessions that are expiring and secure new locations at favourable terms for years to come, while navigating an increasingly competitive and geopolitical tense environment where other global and regional terminal operators are aggressively pursuing similar opportunities.”

Annual report 2025A · The company itself

“LF Logistics acquired, complementing contract logistics 2022 First methanol-capable vessel in the world Delivery of Laura Mærsk marked the commissioning of the world’s first methanol- capable vessel, a key part of our ambition of net-zero emissions 2023 Svitzer demerger Towage business Svitzer, demerged and separately listed, continuing the focus on core business as an integrated logistics company 2024 Gemini Cooperation launched The Gemini Cooperation with Hapag-Lloyd is fully phased in, delivering expected savings and demonstrating remarkable schedule reliability 2025 §40a e-g Our strategy remains unchanged and firmly at the centre of our transformation.”

Annual report 2025A · The company itself

“Industries from fashion and industrial manufacturing to agriculture rely on container shipping, which creates millions of jobs and economic growth.”

Annual report 2025A · The company itself

“As a global integrator of container logistics, Maersk offers seamless connections to a wide range of transportation products and logistics services. land & air Rethinking the modern ocean network industry-leading schedule reliability Above Antwerp Busan Tanjung Pelepas APM Terminals JV hub The above map and route is an illustration of an example route and does not represent the full network.”

Annual report 2025A · The company itself

“The company is also focused on the timely execution of hub expansions to cater for the required capacity of the network.”

Annual report 2025A · The company itself

“Our environmental ambitions are a critical part of our operational excellence, and we are driving momentum forward. This includes the deployment of electric trucks, improving energy efficiency across land-based logistics facilities such as warehouses, distribution centres, and depots as well as incorporating lower-impact design features in new sites.”

Annual report 2025A · The company itself

“Industries from fashion and industrial manufacturing to agriculture rely on container shipping, which creates millions of jobs and economic growth.”

Annual report 2025A · The company itself

“Gemini’s efficiencies strengthen synergies between Ocean, Logistics & Services and Terminals, reinforcing our Integrator strategy and enabling seamless flows across the segments.”

Annual report 2025A · The company itself

“Throughout this period of volatility, Maersk has remained committed to customers, acting as a trusted partner and delivering resilient, flexible and agile endto-end supply chain solutions. Our approach empowers customers to navigate uncertainty and thrive in a rapidly evolving market.”

Annual report 2025A · The company itself

“At the same time, we added new opportunities to our pipeline and invested in new terminal locations where our differentiated capabilities create competitive advantage. Across all markets, we keep focusing on our ambition to be the preferred partner to governments and customers, working closely with local stakeholders and partners to develop infrastructure, which supports national trade ambitions and enables long-term economic growth.”

Annual report 2025A · The company itself

“As many companies navigate an increasingly unpredictable future, they are reassessing their sourcing strategies and manufacturing footprints.”

Annual report 2025A · The company itself

“We advanced expansion projects across several terminals and continued modernising our facilities, with a strong focus on electrification, green-grid solutions and infrastructure resilience.”

Annual report 2025A · The company itself

“We advanced expansion projects across several terminals and continued modernising our facilities, with a strong focus on electrification, green-grid solutions and infrastructure resilience.”

Annual report 2025A · The company itself

“East Coast via the Gemini Cooperation The above key metrics are for the Gemini Cooperation as of 31 December 2025. ~40 ppts improvement from 2M alliance Before Gemini Cooperation After Gemini Cooperation February – December 2025 Executive summary Our business Performance Corporate governance Financials Sustainability Trade and supply chains dominated geopolitics in 2025 Trade took centre stage in 2025, after the US Administration started to raise tariffs on most of its imports. As of early February 2026, several tiers of tariff levels have emerged, ranging from 10% for partners with which the US has a trade balance or surplus (UK, Australia and Singapore) to 40%+ on countries like Brazil and India.”

Annual report 2025A · The company itself

“Escalating geopolitical tensions and shifting global alignments may weaken stability of international trade, compelling companies like Maersk to operate across fragmented ecosystems. This includes impacts of tariff disputes, regional conflicts and maritime security threats which may trigger operational disruptions, asset impairments, compliance burdens and strategic displacement.”

Annual report 2025A · The company itself

“Yet, supply chains adapted with remarkable speed, supported by diversification and resilient logistics networks.”

Annual report 2025A · The company itself

“Throughout the year, the industry faced challenging market dynamics, including an unpredictable tariff environment and volatile demand.”

Annual report 2025A · The company itself

“Managed by Maersk’s revenue increased by 1.6% to USD 2.2bn (USD 2.2bn), despite Supply Chain Management volumes decreasing to 110,511k CBM (120,137k CBM) due to unfavourable market conditions and increased tariffs.”

Annual report 2025A · The company itself

“The Global Composite Purchasing Managers Index averaged 52.6 in Q4 2025 and points to a robust economic expansion. Many analysts underestimated the scale of the boost from AI-related investment that was being built in parallel to the tariff and uncertainty shock.”

Annual report 2025A · The company itself

“The heightened risk level in the operating environment manifests itself through the risk of a global recession that could impact the demand for transportation services, potential Ocean overcapacity, and the risk of increased geopolitical tension that could create both operational and commercial friction in supply chains through, for example, hostilities along trade routes or tariffs impacting trade levels.”

Annual report 2025A · The company itself

“CP0 – Logistics & Services Risk owner............................CTIO What is this risk There is a risk that current economic imbalances could trigger a severe and persistent global economic recession and financial crisis leading to a deep demand shock for containerised transportation. This would imply severe drops in freight rates and pose a significant threat to Logistics & Services growth as well as the profitability in Terminals.”

Annual report 2025A · The company itself

“A sovereign debt crisis in a major economy – such as a default or near-default by a G20 country – leading to widespread financial market panic, tightening credit conditions and a collapse in global investment and trade flows.”

Annual report 2025A · The company itself

“Moller - Maersk for 2026 depends on several factors subject to uncertainties related to the given uncertain macroeconomic conditions, bunker fuel prices and freight rates. All else being equal, the sensitivities for 2026 for four key assumptions are listed below: Factors Change Effect on EBIT (full year 2026) Container freight rate +/- 100 USD/FFE +/- USD 1.3bn Container freight volume +/- 100,000 FFE +/- USD 0.01bn Bunker price (net of expected BAF coverage) +/- 100 USD/tonne +/- USD 0.3bn Foreign exchange rate (net of hedges) +/- 10% change in USD +/- USD 0.3bn No company can drive transformative change alone.”

Annual report 2025A · The company itself

“During 2025, we took delivery of 10 dual-fuel vessels, bringing our total fleet to 19, with six more vessels scheduled for delivery in 2026.”

Annual report 2025A · The company itself

“Bunker costs were negatively impacted by the EU Emissions Trading System (ETS) costs which increased by 96% compared to 2024. Excluding the EU ETS effect of USD 316m (USD 161m), bunker cost decreased by 16%.”

Annual report 2025A · The company itself

“As in 2024, Maersk continued vessel re-routing around the Cape of Good Hope, which extended sailing distances and increased fuel use.”

Annual report 2025A · The company itself

“An increasing number of accidents across the fleet, terminals and logistics operations (e.g., due to misdeclared dangerous cargo or highly ignitable cargo such as lithium batteries) could lead to an unacceptable loss of lives and injuries, damage to our reputation and our attractiveness as an employer.”

Annual report 2025A · The company itself

“We aim to fulfil that need by responsibly delivering better, simpler and more reliable outcomes for our customers.”

Annual report 2025A · The company itself

“Goods demand grew 3.1% year-on-year in the first two months of Q4 2025 despite weak job creation and inflation hovering at 2.7% in December.”

Annual report 2025A · The company itself

“Despite downbeat sentiment, retail sales (excluding food and fuel) expanded 3% year-on-year in October and November, supported by a resilient labour market and real wage gains.”

Annual report 2025A · The company itself

“The legal and regulatory landscape in which Maersk operates is complex, and the company could be subject to compliance cases in connection with violations of anti- corruption laws, anti-trust regulations, international sanctions and/or data privacy.”

Annual report 2025A · The company itself

“• Purpose-driven people and our culture Our talented, diverse team of 100,000+ employees across more than 165 nationalities. • Our brand For over a century, we have built partnerships with cus tomers, enabling them to prosper by facilitating global trade. • Natural resources Our business relies on natural resources such as steel for our assets and fossil fuels and biomass for conventional and e- and bio-methanol fuels. • Stakeholder relationships and partnerships We rely on constructive relationships with customers, suppliers, employees and authorities as well as other key stakeholders. • Assets and end-to-end delivery network Our assets, supplier relationships and logistics expertise ensure resilient supply chains. • Financial capital We have a strong balance sheet and are committed to remaining investment grade-rated.”

Annual report 2025A · The company itself

“An increasing number of accidents across the fleet, terminals and logistics operations (e.g., due to misdeclared dangerous cargo or highly ignitable cargo such as lithium batteries) could lead to an unacceptable loss of lives and injuries, damage to our reputation and our attractiveness as an employer.”

Annual report 2025A · The company itself

“A sovereign debt crisis in a major economy – such as a default or near-default by a G20 country – leading to widespread financial market panic, tightening credit conditions and a collapse in global investment and trade flows.”

Annual report 2025A · The company itself

“• Purpose-driven people and our culture Our talented, diverse team of 100,000+ employees across more than 165 nationalities. • Our brand For over a century, we have built partnerships with cus tomers, enabling them to prosper by facilitating global trade. • Natural resources Our business relies on natural resources such as steel for our assets and fossil fuels and biomass for conventional and e- and bio-methanol fuels. • Stakeholder relationships and partnerships We rely on constructive relationships with customers, suppliers, employees and authorities as well as other key stakeholders. • Assets and end-to-end delivery network Our assets, supplier relationships and logistics expertise ensure resilient supply chains. • Financial capital We have a strong balance sheet and are committed to remaining investment grade-rated.”

Annual report 2025A · The company itself

“All else being equal, the sensitivities for 2026 for four key assumptions are listed below: Factors Change Effect on EBIT (full year 2026) Container freight rate +/- 100 USD/FFE +/- USD 1.3bn Container freight volume +/- 100,000 FFE +/- USD 0.01bn Bunker price (net of expected BAF coverage) +/- 100 USD/tonne +/- USD 0.3bn Foreign exchange rate (net of hedges) +/- 10% change in USD +/- USD 0.3bn No company can drive transformative change alone.”

Annual report 2025A · The company itself

“Landmark openings included the warehouse in Shanghai’s Lin-gang Pilot Free Trade Zone, the Mega Distribution Centre in Kuala Lumpur and new hubs in France, Senegal, Saudi Arabia, South Africa, Panama, Peru and the US.”

Annual report 2025A · The company itself

“Meanwhile, the Asia Pacific region remains the main driver of global contract logistics growth, with 7.3% year-on-year growth in 2025, supported by a strong economy, healthy levels of consumption and further gains in the outsourcing logistics sphere.”

Annual report 2025A · The company itself

“Volume grew by 8.9% supported by strong demand across all portfolios, mostly in the Americas and Europe.”

Annual report 2025A · The company itself

“In Africa, volume increased by 6.9%, driven by Apapa and Onne, Nigeria, and Monrovia, Liberia. Utilisation increased by 9.2 percentage points to 74% (64%).”

Annual report 2025A · The company itself

“Additionally, the integration of new logistics hubs in Rotterdam, Netherlands, and Dakar, Senegal, and the logistics park in Jeddah, Saudi Arabia, strengthened supply chain capabilities and reinforced the company’s market position.”

Annual report 2025A · The company itself

“The Rijeka Gateway terminal, Croatia, has officially launched operations this year. APM Terminals Callao, Peru, has reached a major milestone with the completion of Stage 3A of the North Terminal modernisation. In Bangladesh, APM Terminals and QNS Container Services signed a 30-year concession to develop the Laldia Container Terminal.”

Annual report 2025A · The company itself

“As a global leader in logistics services, the company has 100,000+ customers, operates in almost 130 countries and employs 100,000+ people.”

Annual report 2025A · The company itself

“Transport Intelligence estimates that the global market grew 4% in 2025. Europe witnessed the weakest growth rates at around 1.3% year-on-year, not least because of its high market maturity and macroeconomic challenges.”

Annual report 2025A · The company itself

“Volume grew by 8.9% supported by strong demand across all portfolios, mostly in the Americas and Europe.”

Annual report 2025A · The company itself

“Additionally, the integration of new logistics hubs in Rotterdam, Netherlands, and Dakar, Senegal, and the logistics park in Jeddah, Saudi Arabia, strengthened supply chain capabilities and reinforced the company’s market position.”

Annual report 2025A · The company itself

“The Rijeka Gateway terminal, Croatia, has officially launched operations this year. APM Terminals Callao, Peru, has reached a major milestone with the completion of Stage 3A of the North Terminal modernisation. In Bangladesh, APM Terminals and QNS Container Services signed a 30-year concession to develop the Laldia Container Terminal.”

Annual report 2025A · The company itself

“Landmark openings included the warehouse in Shanghai’s Lin-gang Pilot Free Trade Zone, the Mega Distribution Centre in Kuala Lumpur and new hubs in France, Senegal, Saudi Arabia, South Africa, Panama, Peru and the US.”

Annual report 2025A · The company itself

“Looking at other regions, import volumes continued to show solid yearon-year growth: Africa 16%, Latin America 12% and West Central Asia 9%.”

Annual report 2025A · The company itself

“The Rijeka Gateway terminal, Croatia, has officially launched operations this year. APM Terminals Callao, Peru, has reached a major milestone with the completion of Stage 3A of the North Terminal modernisation. In Bangladesh, APM Terminals and QNS Container Services signed a 30-year concession to develop the Laldia Container Terminal.”

Annual report 2025A · The company itself

“APM Terminals has divested its stake in the Tianjin joint venture.”

Annual report 2025A · The company itself

“Container trade and logistics in 2025: Another year of robust demand Container trade The global container market saw solid growth in 2025 despite geopolitical turbulence and trade tensions, expanding at around 5% for the full year.”

Annual report 2025A · The company itself

“In the first quarter, global container demand grew with support from all major import markets, including North America. From the second quarter, North America import demand growth turned negative, leading to a full year growth rate of -1% for the region.”

Annual report 2025A · The company itself

“Volume grew by 8.9% supported by strong demand across all portfolios, mostly in the Americas and Europe.”

Annual report 2025A · The company itself