Denmark's A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday, lifting its shares by as much as 4.5 percent, as investors looked beyond one-off second-quarter charges and a costly cyberattack on its operations.
Maersk has been hit by low oil prices at its energy arm and sliding prices in its shipping business in recent years due to lackluster global trade and a glut of available ships for hire.
The firm also said it expected a $200 million to $300 million bill—primarily in the third quarter—from a June 27 cyberattack that disrupted its container shipping operations for weeks.
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