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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.

Due to busy movements of ECSA grains and South East Asian coals, Panamax 6 month rates can achieve $13,000/pdpr and $9,750/pdpr for Atlantic and Pacific delivery respectively.

The Supra market has seen less progress with rates falling to $8,900/pdpr for Pacific 1 yr delivery.

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