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Weekly Dry Time Charter Estimates

Weekly Dry Time Charter Estimates, May 01 2019

The capesize period market has continued to improve this week and the boost in spot rates has further reinforced the sentiment that the market is now beginning to recover.

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Weekly Dry Time Charter Estimates, April 24 2019

Some optimism in the capesize market this week with the news that Vale’s Brucutu mine in Brazil is once again up and running and there has been some interest in longer periods.

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Weekly Dry Time Charter Estimates, April 17 2019

A busier week for Capes, in the run up to Easter.

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Weekly Dry Time Charter Estimates, April 10 2019

After hitting a two-year low last month, Capesize TC rates have bounced up slightly this week thanks to fresh enquiry in the Atlantic.

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Weekly Dry Time Charter Estimates, April 03 2019

Bad weather in Australia has put additional pressure on the capesize market, with Rio Tinto declaring force majeure on some iron ore contracts.

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Weekly Dry Time Charter Estimates, March 27 2019

The element of positivity seen in the capes last week was not to be and period rates have remained low.

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Weekly Dry Time Charter Estimates, March 20 2019

Very little period activity has surfaced this week, the slight improvement in the BDI has yet to have much of an impact on capesize timecharter rates.

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Weekly Dry Time Charter Estimates, March 13 2019

Very little period activity reported for capes as the market remains under pressure, however there is some optimism that the market might finally have hit rock bottom.

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Weekly Dry Time Charter Estimates, March 06 2019

Routes from Brazil and Australia to China continued to fall as the recent disaster in Brazil continues to have a negative effect on the capesize market.

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Weekly Dry Time Charter Estimates, February 27 2019

Capesize period rates have yet to rebound following the situation in Brazil and the market remains under pressure.

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Weekly Dry Time Charter Estimates, February 20 2019

Cape period rates have yet to rebound and have remained low.

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Weekly Dry Time Charter Estimates, February 13 2019

The current unresolved situation in Brazil has led to increased uncertainty for Capes and the period market has remained under pressure.

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Weekly Dry Time Charter Estimates, February 06 2019

Unsurprisingly there has been very little period activity across the dry sector this week due to the lunar holidays in Asia with the Capes taking the biggest hit.

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Weekly Dry Time Charter Estimates, January 30 2019

Seasonality combined with the tragic incident at the Vale mine in Brazil and cyclone season in NW Australia has put additional pressure on capsize period rates.

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Weekly Dry Time Charter Estimates, January 23 2019

The Cape market has reported minimal period fixtures this week with one-year rates holding around $18,000/pdpr.

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