Clarksons' ClarkSea Index has reached its highest level in over 12 years on the back of the continued strength in containership and bulker markets.

Earlier this year, the average of the cross-sector earnings index in the first quarter was the strongest in over a decade.

Now it has reached another milestone, with the index’s average in May 2021 reaching its highest level since the $28,737 per day seen in September 2008.