The secondhand market continued to set records in the first half of 2022, with activity at “extraordinarily elevated levels”, says Clarksons.

A total of 72m dwt across all major segments changed hands between January and June, in the second-strongest half-year on record.

In the first three months, 33m dwt was sold, followed by 40m dwt in the second quarter, which was the third-highest quarter on record.