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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.

A slow start to the week for panamxes, the average rate for 1 year in the Atlantic is $11,400/pdpr.

The market for the smaller sizes has remained muted with very limited activity on period.

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