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Clarksons Reports Profit Dip

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March 14, 2017 Amid challenging shipping markets, London-based provider of integrated shipping services Clarkson PLC (Clarksons) recorded a profit before taxation of GBP 44.8 million (USD 57.4 million) in 2016, lower from a profit of GBP 50.5 million (USD 61.3 million) seen a year earlier. The decrease in profit reflects significantly lower freight rates and […]

Clarksons: Shipyards’ Forward Cover Drops to 2.3 Years

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March 13, 2017 Shipyards have been struggling with reduced vessel ordering for years as global output dropped and capacity diminished shortening their forward cover to the current 2.3 years, according to Clarksons Research. Forward cover, one basic indicator of the volume of work that shipyards have on order, is calculated by dividing the total orderbook […]

Clarksons: Liner Shipping among More Consolidated Sectors

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February 13, 2017 Although the container shipping sector saw a huge amount of consolidation in 2016 driven by the persistent pressure in the industry, the sector is still not that consolidated, according to Clarksons Research. On the basis of start 2017, this fairly fragmented shipping industry counted 88,892 ships in the world fleet, which were […]