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Weekly Dry Time Charter Estimates, November 15 2017

The Cape market has remained firm with 1 year time charters achieving around $16,500/pdpr whilst short period can achieve $18,500/pdpr or higher.

The Panamax market has come down for 6 months time charters due to weaker spot business in the East at 1 year TC’s achieve $11,000/pdpr.

As the Supra spot market falls in the East, period business has slowed with rates of around $10,250/pdpr being traded for 6 months.

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