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Weekly Dry Time Charter Estimates, May 20 2020

Capesize period rates continued to come under pressure and rates moved lower. A few short to medium term fixtures have been reported and the average rate for a capesize for one year dropped to $11,250/pdpr.

Another sluggish week for the kamsarmax/panamax sector and rates moved sideways, some short term period fixtures have been reported.

Very little activity reported in the way of tc activity for the smaller sizes and rates remained flat.

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