Weekly Dry Time Charter Estimates, April 28 2021
A positive week for the capesize sector with strong markets in both basins. Plenty of period activity reported around the one-year mark as rates exceed 18-month highs.
The kamsarmax/panamax market continued to improve thanks to activity out of East Coast South America and ongoing demand from Indonesia.
Rates for the smaller sizes remained firm this week with plenty of short-term period fixtures reported in the Handymax sector.