Weekly Dry Time Charter Estimates, February 13 2019
The current unresolved situation in Brazil has led to increased uncertainty for Capes and the period market has remained under pressure.
Owners are not willing to enter in to period agreements for panamax & kamsarmax sector with the current low levels and as such the market for this size remains muted.
The period market for the smaller sizes has picked up slightly with a few short period fixtures reported this week.