Clarksons is scouting expansion opportunities at a time when its strong cash position is set for a further boost should the Singapore Stock Exchange buy the Baltic Exchange.
The leading shipbroker — which this week recorded an underlying pre-tax profit of £21.8m ($28.2m) in the first half of 2016 — had £106.3m in cash and a further £5.4m in short-term investments at the end of June.
Its
