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Weekly Dry Time Charter Estimates, September 23 2020

A slight improvement in the capesize market sentiment this week thanks to an increase in iron ore demand from Australia to China.

The kamsarmax/panamax sector also began to move in the opposite direction to previous weeks as the Atlantic market looked more positive with a good balance between enquiry and available vessels.

Little movement in rates for the smaller sizes but sentiment is stronger in the pacific, the average rate for a supramax for one-year remains as $10,500/pdpr.

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