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Weekly Dry Time Charter Estimates, April 29 2020

The capesize period market came under pressure this week and rates moved lower across all periods as sentiment for dry bulk diminished.

The kamsarmax/panamax sector also moved lower this week with only a few period fixtures reported in the pacific, the average rate for one year is currently $9,375/pdpr, 16% lower year-on-year.

Despite some interest in the supramax sector, the smaller vessels continued to lose ground this week with no period fixtures reported.

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