Shipping’s richest people missed the boat this year as the world’s billionaires saw their wealth shoot up.

Bloomberg’s Billionaire’s Index shows that the combined wealth of the planet’s richest people grew by $237bn during 2016, riding out the volatility experienced during the year.

However, it was a different story for shipping staples on Bloomberg’s table, with top 200 ranked John Fredriksen, Li Ka-Shing and Robert Kuok seeing their net worth decline.

Fredriksen,