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Weekly Dry Time Charter Estimates, March 11 2020

The capesize period rates moved up slightly due to sentiment from crude although with so much uncertainty in the market it is hard to get excited about any changes in the market.

In panamax/kamsarmax market we have recorded some short-term period fixtures over the past week, the average rate for one year is estimated as $10,750/pdpr.

Another positive week for the smaller vessels with firm enquiry in the Atlantic.

 

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