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Weekly Dry Time Charter Estimates, April 8 2020

Market activity has improved this week with interest from West Australia to China and Brazil to China routes but still very little reported in the way of period fixtures and rates moved sideways.

After a few quiet weeks the kamsarmax/panamax market has seen some positivity this week with activity from South America, short term rates have moved up slightly and the average rate for one-year is currently estimated as $10,375/pdpr.

Another very quiet week for the smaller sizes, very little has been reported in the way of TC fixtures and rates have remained flat.

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