Page 81 - Annual Review 2021 full
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Annual Review 2021
5.5 Bulker Timecharter Rates
1 year Time Charter $/day
Capesize Kamsarmax Panamax Ultramax Supermax Handysize
Average
180k dwt 180k dwt Eco 82k dwt Eco 74k dwt 61k dwt Eco 58k dwt 38k dwt 32k dwt
2001 12784 8613 8141 6807
2002 14674 8881 8348 6747
2003 31197 17254 14586 9005
2004 61050 34323 29448 17323
2005 50651 25853 22288 15918
2006 45246 22155 21881 14710
2007 106918 52317 45702 28120
2008 111529 55637 45510 29486
2009 33276 18151 14678 10678
2010 32967 24559 20847 15662
2011 16938 14663 14108 11587
2012 13685 9706 10130 8234
2013 15760 10099 10034 8106
2014 22366 10877 12035 11668 8808 9012
2015 11175 8041 7492 8106 7154 6692
2016 8236 6740 6263 6495 5759 5264
2017 15150 11483 10665 9822 8615 8087
2018 19146 14304 13029 13708 12808 10707 10207
2019 17358 21300 13251 11877 12151 10862 9862 8886
2020 14808 16514 11849 10530 11451 9834 9297 8285
2021* 17667 19167 15069 13408 14340 12715 11792 10313
Feb-20 14063 16063 11544 10356 11500 9656 9078 7969
Mar-20 12719 14719 11544 10069 11688 9759 9156 8422
Apr-20 13000 15000 10581 9125 10781 8984 8641 8016
May-20 11050 12750 9785 8535 10038 8513 8150 7450
Jun-20 15906 17406 11338 9850 11219 9828 8719 7938
Jul-20 17775 19275 12855 11645 11563 10013 9300 8263
Aug-20 16969 18469 13850 12500 12188 10484 9656 8516
Sep-20 15906 17406 13069 11613 12266 10578 9781 8625
Oct-20 16225 17775 12420 11135 11788 10350 9850 8713
Nov-20 14000 15500 11494 10319 11078 9750 9609 8344
Dec-20 15031 16531 12300 11013 11953 10484 10156 8984
Jan-21 17850 19350 14095 12550 13113 11600 10938 9538
Feb-21 17438 18938 16288 14481 15875 14109 12859 11281
*Year to end of monthly series
Source: Clarkson Research Services - March 2021
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