Weekly Dry Time Charter Estimates, June 28 2017
Despite holidays across much of the Middle East and South East Asia, the market has remained firm with a steady flow of cargoes reported, particularly for the larger tonnages. Capesize 1 year period rate can achieve $12,250/pdpr.
Panamax spot cargoes have led to an increase in enquiries for 6 month period TC which can achieve around $11,500/pdpr for Atlantic delivery. Supra short TC rates can achieve $8,750/pdpr in the East whilst little handy activity was reported.