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Weekly Dry Time Charter Estimates, July 8 2020

The capesize period market pushed up again this week with healthy interest in short-term fixtures around the one-year mark as demand for the West Australia to China route remained strong.

Another firm week for the kamsarmax/panamax range with plenty of fixtures reported, particularly for the Kamsarmax range that focussed on the 6-12-month mark.

Sentiment has remained positive for the smaller sizes and the average for a supramax for six months has increased to an estimated $11,750/pdpr with a number of fixtures recorded around the three to seven-month period.

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