ShippingWatch

Clarksons Platou: Shipping shares down 18 percent

Shipping shares fell by 18 percent in 2015, Clarksons Platou writes in a new analysis of 55 shipping stocks. The hardest hit sector is dry bulk while BW LPG was the best performer this year.

Clarksons Platou has just released a new overview of the share development in shipping in 2015 showing that 55 selected shipping stocks dropped by 18 percent after a decline in 2014 by 20 percent.

This marks two years of poor development and especially dry bulk was hard hit, as the sector's equities collapsed 75 percent on average in 2015.

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