Directors Deals 

Clarkson director sells £1.74m-worth of shares

Clarkson director sells £1.74m-worth of shares

At the announcement of the half-year results in August, Clarkson (CKN) was optimistic about the remainder of the year. The Baltic Dry Index, which monitors shipping activity, had begun to recover after having been 40 per cent weaker during the first half of 2019 than at the 2018 year-end. The International Maritime Organisation regulations limiting the amount of sulphur that can be released from fuel oil is set to take effect at the beginning of 2020, and is expected to reduce the oversupply of ships in the market, as some ships will be taken out of service to be fitted with the necessary sulphur reducing scrubbers.

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