By Jonathan Saul LONDON, Nov 25 (Reuters) - Top ship broker Clarkson is seeking to acquire Norwegian brokerage and investment bank RS Platou for 281.2 million pounds ($441 million) in a deal that would create one of the sector's biggest players globally. The deal would be the latest in an industry which has suffered one of its worst-ever downturns in the past five years. … [Read more...]
Shipbroking M&A Heating Up – ICAP In Talks With Howe Robinson
By Naomi Christie Nov. 19 (Bloomberg) -- ICAP Plc said it’s in talks to combine its shipbroking unit with Howe Robinson Group Pte. Ltd. The newly formed company is set to be operating in next year’s second quarter, London-based ICAP, the world’s largest broker of transactions between banks, said today in a statement. The shipbroking unit has more than 230 workers … [Read more...]
World’s Largest Shipbroker Clarksons in Talks to Buy RS Platou
By Rupert Rowling Nov. 14 (Bloomberg) -- Clarkson Plc, the world’s largest shipbroker, is in talks about purchasing Norway’s RS Platou ASA, a transaction that would create a business with double the sales of its closest publicly traded competitor. Clarkson, which is based in London, said in a regulatory statement that it’s in talks to purchase all of the Oslo-based firm’s … [Read more...]
Gas Carriers Seen Expanding Share of Shipbuilding – Clarkson
Isaac Arnsdorf May 16 (Bloomberg) -- Gas carriers accounted for the highest share of total shipping investment last year since 2005, according to Clarkson Plc, the world’s largest shipbroker. Owners spent $9.1 billion on orders for vessels to haul liquefied natural gas and liquefied petroleum gases, amounting to 10 percent of total investment in 2012, the most in … [Read more...]
Clarkson Publishes New Ship Rates and Alters Old Ones for Fuel
By Rob Sheridan (Bloomberg) -- Clarkson Plc, the world’s largest shipbroker, began publishing new shipping rates, discontinued others, and revised historical ones to reflect changes including fuel consumption across the maritime industry. Among its alterations, the broker halted publishing rates for oil tankers built in 1990 and began assessments for vessels built … [Read more...]
Capesize Rates Advance for 3rd Day in a Row, But Don’t Get too Excited [REPORT]
![Capesize Rates Advance for 3rd Day in a Row, But Don’t Get too Excited [REPORT]](https://gcaptain.com/wp-content/uploads/2013/01/shutterstock_114936469-207x125.jpg)
Jan. 15 (Bloomberg) -- Rates for Capesize ships carrying iron ore, which advanced for a third day, may curb gains as accelerating fleet growth this month offsets rising demand, said Clarkson Plc, the biggest shipbroker. Earnings for Capesize vessels carrying about 160,000 metric tons of the commodity rose 1.8 percent today to $6,353 a day, according to the Baltic Exchange, … [Read more...]
Clarkson Plc Shares the Pain of the Shipping Industry, Takes Big Hit on the London Stock Exchange
(Bloomberg) -- Clarkson Plc, the world’s largest shipbroker, plunged the most since 2009 after saying this year’s earnings will be lower than executives expected because of a slump in vessel prices. Clarkson fell 8.7 percent, the most since Jan. 22, 2009, to 1,187 pence by the close in London trading, reducing the shipbroker’s market value to 225.3 … [Read more...]