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Weekly Dry Time Charter Estimates

Weekly Dry Time Charter Estimates, May 23 2018

The Cape market has suffered due to the Atlantic holidays and weaker stems from Australia with short period fixing at $16,500/pdpr.

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Weekly Dry Time Charter Estimates, May 16 2018

The Cape market has improved following stronger Australia/China trading with 6 months rate fixing at $19,000/pdpr and 1 year at $19,500/pdpr.

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Weekly Dry Time Charter Estimates, May 09 2018

The Cape short period market has ticked up to around $19,000/pdpr levels.

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Weekly Dry Time Charter Estimates, May 02 2018

The Cape short period market has returned to $18,000/pdpr levels and touching $19,750/pdpr for 1 year.

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Weekly Dry Time Charter Estimates, April 25 2018

Capes rates rose for a second week off the back of a resurgent Australian coal market as Swissmarine and Rio Tinto took vessels in the market.

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Weekly Dry Time Charter Estimates, April 18 2018

Cape short rates pushed up to mid-$14,500/pdpr levels off the back of improved ECSA mineral loading.

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Weekly Dry Time Charter Estimates, April 11 2018

Cape rates remain down despite spot market improvements with 1 year trades around $18,000/pdpr.

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Weekly Dry Time Charter Estimates, April 4 2018

Weak rates continued on both the Cape spot and period markets with 6 month time charters achieving around $15,500/pdpr as the market continues to overly rely on the Australia-China route.

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Weekly Dry Time Charter Estimates, March 28 2018

Cape rates remain depressed with a slowdown in activity for the Australia/China route with short periods achieving $16,500/pdpr whilst reports of $18,000/pdpr for 12 months have been confirmed.

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Weekly Dry Time Charter Estimates, March 21 2018

Cape short period rates in the Pacific are down $500 to $16500/pdpr as pressure on Australian single trips mounts given a surplus of vessels steaming toward the area.

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Weekly Dry Time Charter Estimates, March 14 2018

Owners remain bullish on the Panamax market in the East with rates of $15,000/pdpr being achieved for short period and $14,000/pdpr for 1 year.

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Weekly Dry Time Charter Estimates, March 07 2018

Cape 12 months can still achieve around $20,000/pdpr with expectations that the market will drop off mid-March. Panamax is mixed with rates from $12,000/pdpr up to $14,000/pdpr reported for short period in the East.

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Weekly Dry Time Charter Estimates, February 28 2018

Notwithstanding a quiet start to the week, the dry Owners have a few more smiles than our tanker friends.

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Weekly Dry Time Charter Estimates, February 21 2018

The Capemarket remains around $19,750/pdpr for 12 months with index fixtures reported for up to 20% of the BCI5.

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Weekly Dry Time Charter Estimates, February 14 2018

Atlantic: Whilst a few inquiries surfaced the market in adding further support the market seems somewhat levelled.

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