Shipping’s record boom still trails the 1970s in real terms

AI Summary

Shipping earnings are setting nominal records, with the ClarkSea Index reaching $66,421 per day. A long-range analysis by Affinity Shipping says the industry's current boom still falls short of the 1970s when measured in real terms.

Shipping may be breaking nominal earnings records almost by the week, but a new long-range analysis from Affinity Shipping suggests the industry still has some way to go before it can claim to be living through the greatest boom in its history. Clarksons’ cross-sector ClarkSea Index reached another all-time high of $66,421 a day last …