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: 2025-10-27 23:00:06 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 | 16563.00 | +32.00 | 20000 | +57.00 | 14500 | - | 20000 | +32.00 | 14500 | +34.00 | 20000 | +77.00 | 14500 | +42.00 | 14500 | +44.00 | 14500 | +44.04 | 26000 |
| OCT25 | 16563.00 | +32.00 | 20000 | +57.00 | 14500 | - | 20000 | +32.00 | 14500 | +34.00 | 20000 | +77.00 | 14500 | +42.00 | 14500 | +44.00 | 14500 | +44.04 | 26000 |
| NOV25 | 16292.00 | +31.50 | 19417 | +56.10 | 14417 | - | 19417 | +31.50 | 14417 | +33.40 | 19417 | +75.70 | 14417 | +41.30 | 14417 | +43.30 | 14417 | +41.30 | 26000 |
| DEC25 | 16021.00 | +31.00 | 18833 | +55.10 | 14333 | - | 18833 | +31.00 | 14333 | +32.90 | 18833 | +74.50 | 14333 | +40.60 | 14333 | +42.60 | 14333 | +40.93 | 25909 |
| JAN26 | 15750.00 | +30.40 | 18250 | +54.20 | 14250 | - | 18250 | +30.40 | 14250 | +32.30 | 18250 | +73.20 | 14250 | +39.90 | 14250 | +41.80 | 14250 | +40.52 | 25705 |
| FEB26 | 15480.00 | +29.90 | 17667 | +53.30 | 14167 | - | 17667 | +29.90 | 14167 | +31.80 | 17667 | +72.00 | 14167 | +39.30 | 14167 | +41.10 | 14167 | +40.07 | 25386 |
| MAR26 | 14938.00 | +28.90 | 16500 | +51.40 | 14000 | - | 16500 | +28.90 | 14000 | +30.70 | 16500 | +69.40 | 14000 | +37.90 | 14000 | +39.70 | 14000 | +39.58 | 24955 |
| 1Q26 | 14938.00 | +28.90 | 16500 | +51.40 | 14000 | - | 16500 | +28.90 | 14000 | +30.70 | 16500 | +69.40 | 14000 | +37.90 | 14000 | +39.70 | 14000 | +39.58 | 23750 |
| 2Q26 | 14600.00 | +28.20 | 15850 | +50.20 | 13850 | - | 15850 | +28.20 | 13850 | +30.00 | 15850 | +67.90 | 13850 | +37.00 | 13850 | +38.80 | 13850 | +33.99 | 23750 |
| 3Q26 | 14263.00 | +27.60 | 15200 | +49.10 | 13700 | - | 15200 | +27.60 | 13700 | +29.30 | 15200 | +66.30 | 13700 | +36.20 | 13700 | +37.90 | 13700 | +38.61 | 22977 |
| 4Q26 | 13925.00 | +26.90 | 14550 | +47.90 | 13550 | - | 14550 | +26.90 | 13550 | +28.60 | 14550 | +64.70 | 13550 | +35.30 | 13550 | +37.00 | 13550 | +37.99 | 22091 |
| 1Q27 | 13250.00 | +25.60 | 13250 | +45.60 | 13250 | - | 13250 | +25.60 | 13250 | +27.20 | 13250 | +61.60 | 13250 | +33.60 | 13250 | +35.20 | 13250 | +37.34 | 21091 |
| 2026 | 13250.00 | +25.60 | 13250 | +45.60 | 13250 | - | 13250 | +25.60 | 13250 | +27.20 | 13250 | +61.60 | 13250 | +33.60 | 13250 | +35.20 | 13250 | +34.69 | 18750 |
| 2027 | 12913.00 | +24.90 | 12600 | +44.40 | 13100 | - | 12600 | +24.90 | 13100 | +26.50 | 12600 | +60.00 | 13100 | +32.70 | 13100 | +34.30 | 13100 | +35.61 | 18750 |
| 2028 | 12575.00 | +24.30 | 11950 | +43.30 | 12950 | - | 11950 | +24.30 | 12950 | +25.80 | 11950 | +58.50 | 12950 | +31.90 | 12950 | +33.40 | 12950 | +35.21 | 17409 |
| 2029 | 12238.00 | +23.60 | 11300 | +42.10 | 12800 | - | 11300 | +23.60 | 12800 | +25.10 | 11300 | +56.90 | 12800 | +31.00 | 12800 | +32.50 | 12800 | +34.80 | 15955 |
| 2030 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | +34.40 | 14386 |
| SPOT |
|---|
| OCT25 |
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2026 |
| 2027 |
| 2028 |
| 2029 |
| 2030 |






