Home /Shipping Market/ Weekly Dry Time Charter Estimates, August 10 2016
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thanhvien
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Date: 10/08/2016
Weekly Dry Time Charter Estimates, August 10 2016
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The BDI has decreased 16% to 631 points since the yearly high of 748 in mid-July, continuing a downward trend.

Atlantic rates, particularly for Capesize, have remained poor, however the Baltic Panamax Index rose by 4 points to 642 due to a minor boost in exports of major bulks from the USG. The Baltic’s Supramax and Handymax Index remained negative with chartering disrupted in the Pacific attributed to National Day in SPORE on Tuesday. Meanwhile, in period market Panamaxes trading in PAC can achieve around $6,000/pdpr for short term contracts.


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