The world’s largest shipbroker says $19bn has been invested in second-hand deals in the first nine months of 2014, a figure which is closing in on the $20bn spent in the whole of 2013.

Clarksons explained in its weekly report the figure is being aided by a 32% rise in the average transaction value this year.

“Should second-hand activity continue at a similar pace, 2014 may just see the largest volume of investment since the crash,” Clarksons said.