Home /Shipping Market/ Weekly Dry Time Charter Estimates, August 03 2016
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thanhvien
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Date: 04/08/2016
Weekly Dry Time Charter Estimates, August 03 2016
#post354

Capesize earnings reached a two and half month low following continued oversupply and reduced mining activity despite improved iron ore prices.

Despite a resurgence in Chinese coal demands, Panamax rates experienced the first decline in two months attributed to over supply particularly in the Atlantic.
Atlantic is holding up slightly better with Pana/Kmaxes rates to be around $7,900/pdpr for short term fixtures.


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