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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. Despite holidays in the US, the Far East has remained buoyant.

Cape 1 year rates can achieve around $13,500/pdpr. Panamax rates have been boosted following firm ECSA grain trading with Atlantic short period rating around $11,250/pdpr. Supras in the Atlantic can also achieve higher numbers at $10,250/pdpr whilst the Pacific has fallen to $8,750/prpd.

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