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.
Cape 1 year rates can achieve around $13,500/pdpr. Panamax can achieve $11,000/pdpr for the same period in the Atlantic as ECSA remains busy. Pacific 1 year rates are likely to drop to around $9,500/pdpr with weaker coal stems expected. Supra 1 year rates can achieve around $9,000/pdpr in the PAC and $10,250/pdpr in the ATL.