Weekly Dry Time Charter Estimates, November 24 2021

The capesize marker continued to come under pressure this week due to little activity out of Brazil and an oversupply of tonnage.

Due to a lack of demand, the panamax/kamsarmax timecharter market has yet to find a floor and continued to fall this week.

A mixed week for the smaller sizes with sentiment positive in Asia but certain areas including the Eastern Mediterranean lacked fresh enquiry.