The world’s largest shipbroker recorded a pre-tax gain of £15.8m ($26.22m) in the six months to the end of June, a rise of 46% year-on-year.

Andi Case, chief executive of Clarksons, says the results are strong. “Clarksons continues to make positive strides despite the challenges that remain in shipping markets and the weakness in the US dollar,” he said.

“Shipping markets have been volatile, and indeed remain challenging, though the supply/demand imbalance has narrowed,” he added in his address to shareholders in the quarterly report.

Panmure