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Weekly Dry Time Charter Estimates, June 14 2017

The market continues to feel the effects of limited cargoes and excess vessels, particularly in the Pacific, whilst diplomatic complications in the Middle East has pushed vessels toward ECSA and India.

The short period Cape market has picked up to $13,000/pdpr whilst the Panamax market has also improved to $10,000/pdpr levels in the Atlantic and $8,500/pdpr in the Pacific.

Supramax levels are between $8,500/pdpr and $9,500/pdpr worldwide.

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