Some medium-term fixtures reported in the capesize sector this week, rates have remained stable.

Capesize rates have remained flat this week with little reported on the period front.

A lacklustre start to the week due to the Golden Week celebrations in the Far East and capesize TC rates have been under further pressure this week due to lack of demand.

Capesize TC rates continued to drop off this week and very few fixtures have been reported.

Capesize TC rates have fallen slightly this week as the market experiences a correction, there has been little to report in terms of period deals.

A few short-term capesize tc fixtures reported this week whilst the market waits to see if the rally in the spot market will continue.

Despite positive rate estimates for the Capes, few fixtures have been reported and interest has been limited to short-term deals.

The capesize spot market has surged ahead this week causing period rates to firm with support from activity out of Brazil.

Very little period activity in the capsize market this week but sentiment remains positive overall.

Capesize TC rates have fallen again this week and the market continued to soften although sentiment remains optimistic that the market will pick up following the summer season.

Capesize period rates for six months and one-year have dipped slightly this week as activity slows down with the summer season upon us.

Dry Time Charter Rates vs Fixtures for the first six months of 2019

Capesize period rates have gone from strength to strength this week as positive sentiment stems from the upward movement of the BDI that has reached the highest point since 2013.

Although few period deals have been reported this week, the sentiment for capesize TC rates has received a boost once again, off the back of continued improvements in the spot market.

Despite a strong spot market, it has been a mixed week for capesize period fixtures with just a few short to medium term fixtures recorded.