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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Top shipping broker Clarksons says war and Trump tariff fears have hit revenues

Container ship
Clarksons makes money by taking a percentage of the fees charged by shipowners to customers. Photograph: AFP/Getty Images

The world’s biggest ship broker has said that geopolitical turmoil from war and Donald Trump’s tearing up of US foreign policy have hurt its revenues, sending its share price tumbling by almost a fifth on Monday.

Clarksons, which is listed on London’s FTSE 250 index of mid-sized companies, said the rates charged by shipping companies had dropped since the start of 2025, hit by concerns over the impact of tariffs.

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