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Weekly Dry Time Charter Estimates, November 14 2018

Last week saw a severe tumble in the BDI which has filtered through to the rest of the market and as a result, the overall sentiment is negative.

The cape period market has come under pressure, not helped by the BHP Billiton Iron Ore train derailment in Australia last week causing major delays and congestion.

The sentiment from the capes has been passed down to the panamax/kamsarmax period market which has also seen a downward trend.

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