Highest Ship Contract Recorded Than Any Q1 Since 2008

Banchero Costa reporting that more newbuilds were contracted in the first three months of the year than in any Q1 since 2008, says an article published in Splash247.

ClarkSea index

The ClarkSea Index, a weighted average of tanker, bulk carrier, containership and gas carrier earnings managed by Clarkson Research Services, averaged $17,461 a day in the first quarter, the best Q1 average since 2008.

In the first quarter, the index, seen as a key shipping barometer, benefitted in particular from...

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The Best Q1 Since 2008 in Shipping Industry

  • Shipping has enjoyed its best Q1 since before the global financial crisis, with the second quarter on track to post equally high gains.
  • The ClarkSea Index, containership and gas carrier earnings managed by Clarkson Research Services, averaged $17,461 a day in the first quarter.
  • It is the best Q1 average since 2008, prior to the collapse of Lehman Brothers.

A Splash 247 news report by Sam Chambers highlights that shipping celebrates best Q1 since 2008.

The story of first quarter

In the first...

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