Subscribe to RSS feedChallenging’ conditions to curb broker
POOR freight rates continue to hamper Clarksons’ broking division, the global shipping service company’s major revenue driver, even though transaction volumes have been maintained or increased over the last four months.
The world’s largest listed shipbroker said in its interim management report last week that trading conditions remained challenging across a number of its markets because of lower freight rates and asset values.
The fall in rates for bulk carriers,...
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