If you spent too much time reading the headlines, you would think that London has become a global backwater with no interesting companies on its exchanges. Not so. There are many leaders in their respective industries listed here, and most are currently on sale. The world’s foremost shipbroker, Clarkson (LSE: CKN),is a prime example. Shipbroking is a huge industry, but often overlooked.
A gigantic operation
Approximately 11 billion tonnes of goods are shipped around the world annually. That figure excludes oil, gas, grain and other commodities. Overall,