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Weekly Dry Time Charter Estimates

Weekly Dry Time Charter Estimates, January 20 2021

The capesize timecharter market continued to firm this week with a number of fixtures reported around the one-year mark

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Weekly Dry Time Charter Estimates, January 13 2021

The capesize market experienced upwards momentum this week thanks to an active iron ore market in both basins. This has supported timecharter rates which have moved up across all periods. The kamsarmax/panamax period market firmed off the back of gains in the capesize market, the average rate for one year is currently estimated as $12,750/pdpr. A more positive week for the smaller sizes with some short-term supramax and handymax fixtures reported.  

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Weekly Dry Time Charter Estimates, January 06 2021

The dry bulk market has started off the year in a positive direction, spot rates have moved up and the period market is stable,

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Weekly Dry Time Charter Estimates, December 16 2020

Capesize period rates moved up slightly, boosted by an uptick in the Baltic indices and positive sentiment coming from Brazil.

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Weekly Dry Time Charter Estimates, December 09 2020

Although the capesize spot market has come under pressure this week due to Vale downgrading its production targets for the year, there has been some interest in the period market for fixtures of around 12-15 months.

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Weekly Dry Time Charter Estimates, December 02 2020

Capesize period rates firmed slightly this week and with period interest focusing on the short to medium term.

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Weekly Dry Time Charter Estimates, November 25 2020

The capesize market has reported minimal period interest this week due to lack of demand from Europe and ongoing trade disputes between China and Australia that have put further pressure on this sector.

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Weekly Dry Time Charter Estimates, November 18 2020

Another disappointing week for the capesize timecharter market and few fresh fixtures have emerged as there seems to be little hope of improvement in the near future.

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Weekly Dry Time Charter Estimates, November 11 2020

Capesize rates continued to come under pressure particularly from the West Australia- China routes with Chinese end users having been given verbal notices to stop importing Australian coal, very little period activity has been reported this week.

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Weekly Dry Time Charter Estimates, November 4 2020

Capesize period rates moved lower again this week with very little period interest reported as market players wait to see which direction the market will take before deciding what their next move will be.

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Weekly Dry Time Charter Estimates, October 28 2020

The Cape market has reported minimal period fixtures this week with one-year rates falling to around $14,375/pdpr across both basins.

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Weekly Dry Time Charter Estimates, October 21 2020

Capesize period rates moved lower this week as both the Brazil-China, Australia-China routes came under pressure.

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Weekly Dry Time Charter Estimates, October 14 2020

Capesize timecharter rates remained flat this week as the market came under pressure from a fall in rates in the spot market.

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Weekly Dry Time Charter Estimates, September 30 2020

An active start to the week ahead of the impending holidays in the Far East.

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Weekly Dry Time Charter Estimates, September 23 2020

A slight improvement in the capesize market sentiment this week thanks to an increase in iron ore demand from Australia to China.

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