PANAMAX P1a to P8 in $/mT
US Dry Bulk Panamax Routes to rest of the world, voyage price in $/mT, charter price in $/day..
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last update: 2025-09-12 23:00:03 GMT
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| Panamax | P1a | P1a | P1a | P3a | P1a | P3a | P3a | P3a | P8 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| C3 | US Gulf | US Atlantic | Great Lakes | PNW Portland | StLawrence | PNW Portland | PNW Portland | PNW Portland | BRZ Santos | ||||||||||
| Average | Middle East Egypt | Japan | Middle East Egypt | Taiwan | Middle East Egypt | Middle East Egypt | South Asia | Japan | CN Qingdao | ||||||||||
| $/mT | $/day | $/mT | $/day | $/mT | $/day | $/mT | $/day | $/mT | $/day | $/mT | $/day | $/mT | $/day | $/mT | $/day | $/mT | $/mT | ||
| INDEX | 54k + | T.C | 54k + | T.C | 54k + | T.C | 54k + | T.C | 54k + | T.C | 54k + | T.C | 54k + | T.C | 54k + | T.C | 54k + | Voyage | |
| P4TC | PUSEG | PUSJP | PUSME | PSLVZ | PSLEG | PPNEG | PPNSA | PPNJP | P8SQ | ||||||||||
| SPOT | 17500.00 | +32.00 | 22500 | +54.00 | 14500 | - | 22500 | +32.00 | 14500 | +28.00 | 22500 | +77.00 | 14500 | +42.00 | 14500 | +44.00 | 14500 | +44.30 | 26000 |
| SEP25 | 17500.00 | +32.00 | 22500 | +54.00 | 14500 | - | 22500 | +32.00 | 14500 | +28.00 | 22500 | +77.00 | 14500 | +42.00 | 14500 | +44.00 | 14500 | +44.30 | 26000 |
| OCT25 | 17073.00 | +31.20 | 21500 | +52.70 | 14417 | - | 21500 | +31.20 | 14417 | +27.30 | 21500 | +75.10 | 14417 | +41.00 | 14417 | +42.90 | 14417 | +43.57 | 26000 |
| NOV25 | 16646.00 | +30.40 | 20500 | +51.40 | 14333 | - | 20500 | +30.40 | 14333 | +26.60 | 20500 | +73.20 | 14333 | +40.00 | 14333 | +41.90 | 14333 | +42.89 | 25909 |
| DEC25 | 16219.00 | +29.70 | 19500 | +50.00 | 14250 | - | 19500 | +29.70 | 14250 | +26.00 | 19500 | +71.40 | 14250 | +38.90 | 14250 | +40.80 | 14250 | +42.16 | 25705 |
| JAN26 | 15792.00 | +28.90 | 18500 | +48.70 | 14167 | - | 18500 | +28.90 | 14167 | +25.30 | 18500 | +69.50 | 14167 | +37.90 | 14167 | +39.70 | 14167 | +41.43 | 25386 |
| FEB26 | 14938.00 | +27.30 | 16500 | +46.10 | 14000 | - | 16500 | +27.30 | 14000 | +23.90 | 16500 | +65.70 | 14000 | +35.90 | 14000 | +37.60 | 14000 | +40.66 | 24955 |
| 4Q25 | 14938.00 | +27.30 | 16500 | +46.10 | 14000 | - | 16500 | +27.30 | 14000 | +23.90 | 16500 | +65.70 | 14000 | +35.90 | 14000 | +37.60 | 14000 | +40.66 | 23750 |
| 1Q26 | 14688.00 | +26.90 | 16000 | +45.30 | 13900 | - | 16000 | +26.90 | 13900 | +23.50 | 16000 | +64.60 | 13900 | +35.30 | 13900 | +36.90 | 13900 | +39.17 | 23750 |
| 2Q26 | 14438.00 | +26.40 | 15500 | +44.60 | 13800 | - | 15500 | +26.40 | 13800 | +23.10 | 15500 | +63.50 | 13800 | +34.70 | 13800 | +36.30 | 13800 | +34.13 | 22977 |
| 3Q26 | 14188.00 | +25.90 | 15000 | +43.80 | 13700 | - | 15000 | +25.90 | 13700 | +22.70 | 15000 | +62.40 | 13700 | +34.10 | 13700 | +35.70 | 13700 | +38.61 | 22091 |
| 4Q26 | 13688.00 | +25.00 | 14000 | +42.20 | 13500 | - | 14000 | +25.00 | 13500 | +21.90 | 14000 | +60.20 | 13500 | +32.90 | 13500 | +34.40 | 13500 | +38.07 | 21091 |
| 2026 | 13688.00 | +25.00 | 14000 | +42.20 | 13500 | - | 14000 | +25.00 | 13500 | +21.90 | 14000 | +60.20 | 13500 | +32.90 | 13500 | +34.40 | 13500 | +35.73 | 18750 |
| 2027 | 13438.00 | +24.60 | 13500 | +41.50 | 13400 | - | 13500 | +24.60 | 13400 | +21.50 | 13500 | +59.10 | 13400 | +32.30 | 13400 | +33.80 | 13400 | +36.65 | 18750 |
| 2028 | 13188.00 | +24.10 | 13000 | +40.70 | 13300 | - | 13000 | +24.10 | 13300 | +21.10 | 13000 | +58.00 | 13300 | +31.70 | 13300 | +33.20 | 13300 | +36.38 | 17409 |
| 2029 | 12938.00 | +23.70 | 12500 | +39.90 | 13200 | - | 12500 | +23.70 | 13200 | +20.70 | 12500 | +56.90 | 13200 | +31.10 | 13200 | +32.50 | 13200 | +36.11 | 15955 |
| 2030 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | +35.84 | 14386 |
| SPOT |
|---|
| SEP25 |
| OCT25 |
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| 4Q25 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 2026 |
| 2027 |
| 2028 |
| 2029 |
| 2030 |






