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Weekly Dry Time Charter Estimates, December 04 2019

As the BDI has continued to rise over the past week, this has given a boost to the capesize period market where activity levels have improved, with interest in longer fixtures around the three-year mark.

The positive sentiment has filtered through to the kamsarmax/panamax sector and some short-term fixtures have come to light over the past week.

Although spot earnings for the smaller sizes have improved, this sentiment has yet to be reflected in period market and rates have moved sideways.

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