Weekly Dry Time Charter Estimates, September 25 2019
Capesize TC rates continued to drop off this week and very few fixtures have been reported. The average rate for one-year is currently estimated at $21,375/pdpr.
There has been some interest in short-term fixtures in the Panamax/ Kamsarmax sector, ranging from 6-12 months.
The market for the smaller sizes remained firm this week with some short period deals reported.