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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. Panamax for Atlantic trading is down to $12,000/pdpr for short period whilst the East also fell to $9,000/pdpr as cargoes have been slow for trips from Indonesia and Australia.

The Supramax market has remained active with rates of $9,750 achieved last week for Pacific delivery, however the market is sliding toward $9,000/pdpr today. Limited Handy activity.

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