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War and tariffs hit top shipping broker Clarksons
The Guardian
|March 11, 2025
The world's biggest shipping broker has said geopolitical turmoil from war and Donald Trump's tearing up of US foreign policy have hurt its revenues, sending its share price tumbling by almost a fifth yesterday.
Clarksons, which is listed on London's FTSE 250 index of mid-sized companies, said the rates charged by shipping companies had dropped since the start of 2025 owing to concerns over the impact of tariffs.
This story is from the March 11, 2025 edition of The Guardian.
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