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Weekly Dry Time Charter Estimates

Weekly Dry Time Charter Estimates, August 12 2020

Capesize period rates have moved lower this week and there has been very little period interest reported.

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Weekly Dry Time Charter Estimates, August 5 2020

Not much to report in the way of period activity for capes this week and any interest seen has focused on the short term.

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Weekly Dry Time Charter Estimates, July 22 2020

The capesize market continued with the correction phase this week. Very little period activity this week and any interest focused on the short-term as global economic uncertainty persists.

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Weekly Dry Time Charter Estimates, July 15 2020

The capesize market has entered into a period of self-correction following the bullish sentiment of the past few weeks and rates have moved slightly lower.

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Weekly Dry Time Charter Estimates, July 8 2020

The capesize period market pushed up again this week with healthy interest in short-term fixtures around the one-year mark as demand for the West Australia to China route remained strong.

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Weekly Dry Time Charter Estimates, July 1 2020

The capesize market continued to firm this week with rates moving upwards to an average of $20,000/pdpr for six months. Fixtures reported this week range from six to fourteen months.

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Weekly Dry Time Charter Estimates, June 24 2020

The capesize period market remained strong this week across both basins. Rate levels continued to rise for all periods with plenty of TC interest reported.

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Weekly Dry Time Charter Estimates, June 17 2020

The capesize market has surged ahead this week both in the spot and period markets spurred by increased demand from China and the gradual reopening of other economies.

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Weekly Dry Time Charter Estimates, June 10 2020

The capesize period market has experienced upwards momentum this week and this has supported owner’s sentiment for firm rates in the short term.

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Weekly Dry Time Charter Estimates, June 3 2020

The capesize market came under pressure this week and rates remained flat, there has been some interest in the medium-term period market of around 14-16 months.

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Weekly Dry Time Charter Estimates, May 27 2020

Some respite in the downward trend of the capesize market due to increased activity from Brazil and the Pacific. Time charter rates for one year have firmed, however very little period activity has come to light.

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Weekly Dry Time Charter Estimates, May 20 2020

Capesize period rates continued to come under pressure and rates moved lower. A few short to medium term fixtures have been reported and the average rate for a capesize for one year dropped to $11,250/pdpr.

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Weekly Dry Time Charter Estimates, May 13 2020

Another negative week for the capesize period market, few fresh fixtures have emerged as, unusually for this time of year, the market continues to move lower with little hope of improvement in the near future.

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Weekly Dry Time Charter Estimates, May 6 2020

Capesize rates continued to fall and the Atlantic basin has come under considerable pressure, although there has been some interest in West Australia- China routes. A few period fixtures have been reported with varying durations.

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Weekly Dry Time Charter Estimates, April 29 2020

The capesize period market came under pressure this week and rates moved lower across all periods as sentiment for dry bulk diminished.

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