Clarksons Research: Demolition to Increase Going Forward, as Fleet Supply Growth Remains Below Overall Trend

Clarksons Research have today released their mid-year review of shipping markets. With shipping often at the “frontline” of uncertain geo-political dynamics, understanding underlying market trends has often been “tricky”. Our cross-market day rate tracker the ClarkSea Index softened “only” 5% y-o-y in 1H to $24,101/day, but, container aside (+79% y-o-y), tankers (-33%), bulkers (-31%) and …