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BlackRock increases holding in Clarksons

Photo of Sam Chambers Sam ChambersMarch 9, 2022
187 Less than a minute
Clarksons

New York-based BlackRock, the world’s largest asset manager, has emerged as a major shareholder in the world’s biggest shipbroker.

A filing with the London Stock Exchange shows BlackRock has upped its holding in Clarksons and now controls 5.21% of the UK broker’s stock.

Clarksons revealed earlier this week it made a record underlying profit before taxation of £69.4m ($91m) last year, up 55.3% over its 2020 figures.

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Photo of Sam Chambers Sam ChambersMarch 9, 2022
187 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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