Home /Shipping Market/ Weekly Dry Time Charter Estimates, June 29 2016
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thanhvien
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Date: 30/06/2016
Weekly Dry Time Charter Estimates, June 29 2016
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Short-term PANA rates have seen a surge this week, having reached their highest levels in over a month.

The decrease in NATL tonnage supply and the increase in dry cargo movement between the FEAST and AUS cargo movement have been the two main causes behind this surge. Supras’ average weighted TC rates jumped up by almost 5% this week to around $6,200/day,when compared to a week ago, decreased tonnage in SEA and FE being the main factor, even though UKC and MED volumes were low.


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