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You are here: Home → Archive → 2010 → March → 12 → Commission plunge hits Clarkson results

Commission plunge hits Clarkson results

by samc — last modified Mar 12, 2010 11:50 AM

Smaller shipbroking commissions after the global shipping market crash cut revenues at London-listed Clarkson by nearly 30% in 2009 to £175.7m (US$264m).

Despite challenging trading conditions, Clarkson said it still gained market share and boosted the number of ships fixed across its divisions.

The broking division saw revenue drop 28% to £139.1m.

The company does not release details about the number of fixtures its...

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