There are no quick fixes for today’s depressed shipping markets but remedial work to rebalance the oversupply of tonnage is ongoing, says Clarksons Chief executive Andi Case.
London-listed Clarksons today reported a pre-tax profit of £21.8m ($28.2m) in the first half of fiscal 2016 - a period in which the world’s largest shipbroker explained the industry experienced the most challenging rate environment for many years.
Oversupply
