Weekly Dry Time Charter Estimates, August 07 2019
Capesize TC rates have fallen again this week and the market continued to soften although sentiment remains optimistic that the market will pick up following the summer season.
A very quiet week for the panamax and kamsarmax period markets with very few fixtures reported. Alibra estimates that the average rate for six months is currently $15,125/pdpr.
A mixed week for the smaller sizes and although rates have remained stable, activity levels have been low.