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Weekly Dry Time Charter Estimates

Weekly Dry Time Charter Estimates, August 09 2017

Cape 1 year TC rates can achieve around $13,500/pdpr with the market strong for Australia to China coal business.

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Weekly Dry Time Charter Estimates, August 02 2017

Mixed market this week with Cape 1 year rates achieving $13,500/pdpr.

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Weekly Dry Time Charter Estimates, July 26 2017

The week has showed signs of a slowing market as spot rates begin to come down, particularly in the East.

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Weekly Dry Time Charter Estimates, July 19 2017

Buoyed by improved Australia/China spot business, Capesize 6 month TC rates can achieve around $11,500/pdpr, with one 6 month fixture reported at $14,500.

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Weekly Dry Time Charter Estimates, July 12 2017

The Cape 1yr period market dropped to around $11,000/pdpr on the back of weaker coal stems both from Brazil and Australia as Chine turns the screw on its import restrictions.

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Weekly Dry Time Charter Estimates, July 05 2017

With improved rates across the market, principals have been in standoff over rates.

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Weekly Dry Time Charter Estimates, June 28 2017

Despite holidays across much of the Middle East and South East Asia, the market has remained firm with a steady flow of cargoes reported, particularly for the larger tonnages.

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Weekly Dry Time Charter Estimates, June 21 2017

This week saw an increase in activity as charterers look to cover their cargo before holidays in the Indian Ocean and Pacific begin, however with a mixed outlook for rates.

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Weekly Dry Time Charter Estimates, June 14 2017

The market continues to feel the effects of limited cargoes and excess vessels, particularly in the Pacific, whilst diplomatic complications in the Middle East has pushed vessels toward ECSA and India.

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Weekly Dry Time Charter Estimates, June 07 2017

The market has been hampered this week with a continued decline in freight rates attributed to holidays, monsoon seasons and now  an escalating diplomatic dispute in the Middle East.

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Weekly Dry Time Charter Estimates, May 31 2017

Falling freight rates of late have been attributed to both Western and Eastern holidays as well as  poor weather in the Indian Ocean and Australian coasts.

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Weekly Dry Time Charter Estimates, May 24 2017

A sudden burst of activity at the end of last week assisted Cape rates to slightly improve from Brazil to China trips,  while on the TC side, 6 mos tc is also up achieving around $14,850/pdpr.

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Weekly Dry Time Charter Estimates, May 17 2017

The short period Cape market has dropped off to $14,250/pdpr as the 1 year market can trade around $15,000/pdpr.

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Weekly Dry Time Charter Estimates, May 10 2017

The period outlook for dry bulk this week has remained subdued in light of weak freight rates, poor weather and holidays, patricianly in the East.

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Weekly Dry Time Charter Estimates, May 03 2017

A slow start to the week for the Cape market despite some positive spot movements from Australia as 1 year period rates can achieve around $16,000/pdpr.

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