Tradewinds: Glencore Profits jump 40%

“The world’s largest commodity trader reported revenues of almost $145bn compared with the $106bn seen last year, a rise of over 36%. . . . Last year it was the fifth largest charterer in terms of reported spot clean fixtures, according to US broker Poten & Partners. However, it was the third largest spot charter of clean handymax according to the broker, second only to Shell and Vitol.”