Weekly Dry Time Charter Estimates, April 07 2021
The capesize period market returned from the long easter weekend with more positive sentiment, thanks to demand from west Australia to China. The average rate for one year is currently estimated as $22,000/pdpr.
In the kamsarmax/panamax market there has been little change from last week and rates have remained stable.
The market for the smaller sizes has been slow to start following the long weekend. Pressure on all the key areas, particularly the US Gulf has weakened period rates.