Weekly Dry Time Charter Estimates, October 23 2019
There capesize period market experienced some downward pressure this week. There has been some interest in shorter period fixtures but all in all a quiet week in terms of fresh tc fixtures.
Sentiment has softened for the kamsarmaxes and panamaxes, the average rate for one year is currently estimated at $13,375/pdpr.
The market for the smaller sizes has remained muted with very limited activity on period.