![]() By September the Index reached $38,944/day, within the top 2% of all values recorded over the last 30 years! Demand Recovery & Disruption Reflecting this, our cross-sector ship earnings index, the ClarkSea, has risen sharply, averaging $23,943/day in Jan-Aug (up 55% y-o-y, double the 10 year trend). The encouraging recovery in shipping markets we profiled six months ago has since developed into a remarkably strong year, driven by rebounding volumes and widespread logistical disruption. And stakeholders across maritime are balancing a focus on returning volumes and management of widespread disruption with an increasing urgency to implement regulation and policy around greenhouse gas emissions reduction. Six months on from our last Shipping Review & Outlook, an encouraging market recovery has since developed into a range of exceptional market conditions. ![]()
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