Weekly Dry Time Charter Estimates, December 16 2020
Capesize period rates moved up slightly, boosted by an uptick in the Baltic indices and positive sentiment coming from Brazil. The average for a capesize for one-year is currently estimated as $14,000/pdpr.
Once again there has been increased period interest for the kamsarmax and panamax market with a number of fixtures reported this week ranging from four to twelve months.
Some short period fixtures have been reported in the handysize sector although rates have remained flat for the smaller sizes.