Clarkson has released the briefest of pre-close updates indicating that FY16 results are expected to be in line with expectations. These are tightly grouped around 101p per share; our own forecast is 100.2p per share. Market conditions remain extremely challenging with the ClarkSea index down 34% YoY and the value of capital markets activity down over 60% YoY. However, tonne miles increased 2.7% YoY while sale and purchase activity is high with order books continuing to fall and recycling inc ....