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.