Shipping Sector has Strongest Q1 since 2008

Shipping has enjoyed its best Q1 since before the global financial crisis, with the second quarter on track to post equally high gains. Tankers, bulk carriers, containerships, and gas carrier earnings averaged US$17,461 a day in Q1, the best average since 2008.

The ClarkSea Index measuring these rates started Q2 at $20,759 a day, up 36% on the start of the year.

 

 

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