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Weekly Dry Time Charter Estimates, July 21 2021

The capesize period market came under pressure again this week and rates softened once again this week. Looking further ahead there is some positivity in the Atlantic with potential demand from Brazil in the coming weeks.

Somewhat less positivity in the kamsarmax/panamax sector this week due to an oversupply of tonnage in the Atlantic. Nevertheless, rates remain at very high levels.

A stable week for the smaller sizes, with plenty of demand in the Atlantic for the handies, rates for six months moved up to an average of $26,000/pdpr.

 

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