As traffic in the Strait of Hormuz continues to be disrupted during the monthslong Iran war, one company is benefiting from the global trade chaos.
Clarksons, the world’s largest shipbroker, reported its best-ever operating profit of £64.8 million ($87 million) for the six months ending June 30, a more than 55% increase from a year ago. The U.K.-based company founded in 1852 saw a nearly 40% increase in revenue to £413.5 million ($555.5 million).
