The shipping industry has faced an economic tempest
(Picture: CCO/pxhere.com)Heavyweight shipbroker Clarkson benefitted from a “supply shortage in the global shipping fleet” as international ports experienced long periods of inaction from conflict, economic instability and coronavirus.
Releasing its interim results, the company said that trading across the sector had slowed due to an increase in “macro-economic headwinds” and “inflation pressures”, but that its “international footprint” and market position had allowed it to benefit from the changes.
