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Weekly Dry Time Charter Estimates, October 25 2017

The Cape market has buoyed following improved spot stems for Australia/China coal business with 2 year TC rates achieving around $16,000/pdpr.

The Panamax market however has dropped of this week due to a number of new building deliveries and sluggish fixing pace on the spot market as a 1 year TC can achieve around $14,500/pdpr in the Atlantic and $13,250/pdpr In the Pacific. Supramax 6 months remain steady achieving up to $12,000/pdpr in the Pacific.

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