Andi Case News Today

FTSE 250 shipbroker Clarkson is facing its eighth consecutive revolt over its chief executive's hefty pay packet.

Shipbroker Clarkson is gearing up for a showdown with shareholders after dishing out £11.9m to its chief executive last year.

Almost 44 per cent of votes cast at this years AGM went against its pay scheme for last year.

Almost 44 per cent of votes cast at this years AGM went against its pay scheme for last year.

The worlds largest shipping services provider revealed its pre-tax profits jumped by £40million to £100.1million last year thanks to an extremely strong result from its broking division.

Revenues at the worlds largest shipbroker climbed by 40 per cent to £266.7million in the first six months of 2022, thanks to strong performances across all divisions of the business.

The Danish firm moves 12m containers around the globe each year and it has seen the price it and rivals and can charge rise from around £2,000 per container to between £16,000 and £20,000.

Among the winners, certain sectors stand out - healthy food, transport and logistics and all things digital.

Among the winners, certain sectors stand out - healthy food, transport and logistics and all things digital.

Orders for new vessels are near 20 year lows just as pollution rules are raising costs