TagsClarkSea Index

Tag: ClarkSea Index

Ship Recycling hits 50-Year Low as Ageing Fleet Balloons

LONDON: Shipbreaking activity has fallen into its most prolonged continuous decline in over fifty years, at a time when the worldwide commercial fleet is...

Shipping freight rates hit all-time high—why the boom won’t fade soon

LONDON: The global shipping industry has reached unprecedented earnings levels, with the ClarkSea Index hitting a historic high of $64,569 per day. This figure...

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