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Weekly Dry Time Charter Estimates

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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Weekly Dry Time Charter Estimates, February 07 2018

Despite market reports of fixtures close to $20,000/pdpr, Cape 1 year rates are estimated at $18,000/pdpr ahead of the Asia Lunar holidays next week.

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Weekly Dry Time Charter Estimates, January 31 2018

Cape short period has continued to come off fixing around $13,500/pdpr whilst 1 year remains around $17,750/pdpr.

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