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.
The panamax market has seen some pockets of tightness around South America. A few short-term fixtures have been reported.
Whilst the smaller sizes have remained firm in recent weeks, this week the market has started to drop off, although there has been some period activity.