Shipping’s extraordinary boom refuses to peak

AI Summary

The ClarkSea Index rose 12% in one week to a record $84,951 per day, marking its fifth consecutive all-time high. The index tracks earnings across tanker, bulk carrier, containership and gas carrier sectors, indicating exceptionally strong conditions across global shipping.

Global shipping earnings have reached another extraordinary milestone, with Clarksons Research’s cross-sector ClarkSea Index surging 12% in a week to an unprecedented $84,951 a day, its fifth consecutive all-time high. The index, a widely followed overall earnings barometer, measures average daily earnings across tankers, bulk carriers, containerships and gas carriers, weighted by vessel numbers in …