Home / Report / Analysis / Weekly Dry Time Charter Estimates, March 10 2021

Weekly Dry Time Charter Estimates, March 10 2021

This week the capes finally played catch-up with the rest of the market with rates up sharply across both basins for six months and one-year.

Plenty of kamsarmax/panamax timecharter activity reported this week in the pacific, although weaker sentiment in the Atlantic lead to a softening of rates.

The Supramax period sector continued to power ahead and rates surged. There has been plenty of demand in the pacific with an active short-term timecharter market. The average rate for a supramax for six months is currently estimated as $19,875/pdpr.

Recent Videos

Hellenic Shipping News Worldwide Online Daily Newspaper on Hellenic and International Shipping