Directors Deals 

Clarkson director sells amid tough shipping market

Clarkson director sells amid tough shipping market

The possibility of trade wars aren’t just a fear for Americans. In April, shipping company Clarkson (CNK) warned that such apprehension, coupled with volatility in financial markets, had discouraged transactions in the shipping sector. A weak greenback hadn't helped, either, since most of Clarkson’s transactions are denominated in greenback. Together, this means profits for the full year will be "materially below" expectations.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now