What is Clarkson?
Clarkson PLC provides shipping services in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Clarkson PLC provides shipping services in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. It operates through Broking, Financial, Support, and Research segments. The company is listed on the LSE in UK, operating in the Industrials sector, with a market capitalisation of 1.66B, and a P/E ratio of 21.6x.
A short list of Marine Shipping names that are close enough in size to make side-by-side comparison useful.
Openbook research
Saudi Arabia shut the pipeline that let its crude bypass Hormuz, and Brent traded near $108. Shell is at a record high, so how much is already priced?
The Middle East to China tanker benchmark has doubled in a month. Clarkson clips a commission on every fixture, and its H1 profit rose 56% as a result.