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A crunch in global shipbuilding capacity may help support earnings from tanker broking
There is no quick fix, with the problem rooted in an imbalance between supply and demand
Clarksons says sector’s profits boosted as energy groups seize on Ukraine war turmoil to boost output
World’s biggest shipbuilder expects turmoil caused by Ukraine invasion to lift demand for liquefied natural gas tankers
Broker is exposed to falling rates but outlook is not as turbulent as it might appear
Orders for new vessels are surging but availability is still unlikely to keep pace with global logistics demand
Structural changes to the industry mean the shipbroker’s optimism is justified
Group’s shares up 11% as first-half results beat expectations
Hiring a long-range product tanker is now more expensive than a very large crude carrier
Improving cargo indicators add to company’s optimism
Shipbroker reports fall in first-half pre-tax profits of 18%
Shares of world’s biggest shipbroker tumble as it suffers from lower tanker activity
Marks and Spencer’s reinvention picks up pace, says Credit Suisse
Company reverses course on predictions of recovery with forecasts of earnings below expectations
The business has shown it can stay afloat, even in choppy waters
After years of industry overcapacity, supply and demand are at last ‘rebalancing’
Clarkson points to ‘fundamental turnround’ in industry after years of over-capacity
Ship broker should weather a period of difficult trading
Group highlights sharp decline in ship charter rates with little hope of recovery
International Edition