Clarksons Hellas announces a change in leadership
Clarksons Hellas has announced that, after 20 years of dedicated services to the company, Savvas Athanassiades is leaving the company. We are delighted to announce that Neo Tsangarides has been appointed as Managing Director of Clarksons Hellas, in addition to his role as Global Head of Tankers.
Clarksons’ brokers world’s first LNG 174 cbm freight futures trade on the CME Group
In a positive development for the LNG derivative market, Clarksons has brokered the world’s first 174cbm LNG Forward Freight Agreement (FFA) trade on the Chicago Mercantile Exchange Group (the CME).
2023 Shipping Market Review
Although our average day rate index, the ClarkSea, fell y-o-y (driven by “normalised” container markets), it remained 33% above the ten year trend with gas, tanker, offshore and car carrier all experiencing strong conditions and dry bulk and containers (Red Sea disruption) rallying late on. With a return to trade growth and a good flow of newbuild and S&P, it was another positive year for many.