Investors continue to show "enthusiasm" for shipping stock as owners pull off a rising number of sale-and-purchase deals, according to Clarksons Platou Securities.
The investment bank, a division of broking giant Clarksons, said all shipping sectors saw large gains and high trading volumes over the past few weeks on exchanges worldwide.
This is despite a mixed picture on rates, with bulkers and boxships buoyant, but tankers and gas carriers weaker.