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The company’s EBITDA rose 14.45% QoQ as new contracts, warehousing growth and digital initiatives supported its operations during the quarter.

Mumbai terminal volumes rose while AI-linked shipments and transatlantic charters supported a 20 percent increase in Maersk’s air freight volumes.

Asia Pacific remained the strongest-performing region on a year-to-date basis, with growth of 7 per cent through mid-April.