Weekly Dry Time Charter Estimates, January 20 2021

The capesize timecharter market continued to firm this week with a number of fixtures reported around the one-year mark, and the average rate for this period is currently estimated as $17,750/pdpr.

The kamsarmax/ panamax market also improved with a steady stream of short-term period fixtures reported, particularly in the kamsarmax sector where fixtures ranged from three months to one-year.

A steady week in the smaller sizes as short-term rates pushed up.