Clarksos Research release Shipping Markets 2025 Review

LONDON: Clarksons Research have released their latest annual review of shipping markets, including full year 2025 data points, tracking key developments across a year of building complexity from geo-political dynamics for the shipping industry.

Summarising the annual review, Steve Gordon, Global Head of Clarksons Research, commented: “Despite material geo-political complexities and uncertainties impacting global supply chains across 2025, shipping markets have seen a strong second-half earnings environment, generally resilient trade volumes and improved sentiment, transactional activity and pricing during the final quarters of the year. Key data points include:

• Cross segment ClarkSea Index up 7% y-o-y to $26,836/day, with improved tanker, gas and bulker markets in second-half
• Seaborne trade resilient despite disruptive impact of tariffs, growth of 1.1% to 12.9bn tonnes plus stronger second-half volumes
• Red Sea re-routing and “long haul” Russian oil flows remaining supportive of tonne miles for the moment
• Accelerated sanctions regime creating increasing complexity in tanker markets
• Newbuild ordering down 27% y-o-y but with strong Q4, China taking 63% of orders, shipyard output up 6% y-o-y
• Decarbonisation consensus “stalled” but investments in green technology continue
• Geo-political dynamics and uncertainties to continue to impact in 2026 alongside specific market sector fundamentals”

Further data points available on request and see attached additional analysis.

Shipping Intelligence Network (SIN) is Clarkson Research’s market leading digital platform and the most comprehensive source of data on shipping and trade. The system provides immediate access to uniquely powerful data and analysis tracking and projecting market supply / demand, freight, vessel earnings, vessel values and macro-economic data around trade flows and global economic developments.

Clarksons Research, the data and analytics arm of Clarksons, are the market leaders in the provision of independent data and intelligence around shipping, trade, offshore and the maritime energy transition. Millions of data points are processed and analysed each day to provide trusted and insightful intelligence to thousands of stakeholders across maritime. Better data for better decisions.