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: 2025-09-18 23:00:04 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 | 17125.00 | +32.00 | 21500 | +57.00 | 14500 | - | 21500 | +31.00 | 14500 | +28.00 | 21500 | +77.00 | 14500 | +42.00 | 14500 | +44.00 | 14500 | +44.06 | 26000 |
| SEP25 | 17125.00 | +32.00 | 21500 | +57.00 | 14500 | - | 21500 | +31.00 | 14500 | +28.00 | 21500 | +77.00 | 14500 | +42.00 | 14500 | +44.00 | 14500 | +44.06 | 26000 |
| OCT25 | 16761.00 | +31.30 | 20667 | +55.80 | 14417 | - | 20667 | +30.30 | 14417 | +27.40 | 20667 | +75.40 | 14417 | +41.10 | 14417 | +43.10 | 14417 | +43.42 | 26000 |
| NOV25 | 16396.00 | +30.60 | 19833 | +54.60 | 14333 | - | 19833 | +29.70 | 14333 | +26.80 | 19833 | +73.70 | 14333 | +40.20 | 14333 | +42.10 | 14333 | +42.77 | 25909 |
| DEC25 | 16031.00 | +30.00 | 19000 | +53.40 | 14250 | - | 19000 | +29.00 | 14250 | +26.20 | 19000 | +72.10 | 14250 | +39.30 | 14250 | +41.20 | 14250 | +42.10 | 25705 |
| JAN26 | 15667.00 | +29.30 | 18167 | +52.10 | 14167 | - | 18167 | +28.40 | 14167 | +25.60 | 18167 | +70.40 | 14167 | +38.40 | 14167 | +40.30 | 14167 | +41.43 | 25386 |
| FEB26 | 14938.00 | +27.90 | 16500 | +49.70 | 14000 | - | 16500 | +27.00 | 14000 | +24.40 | 16500 | +67.20 | 14000 | +36.60 | 14000 | +38.40 | 14000 | +40.88 | 24955 |
| 4Q25 | 14938.00 | +27.90 | 16500 | +49.70 | 14000 | - | 16500 | +27.00 | 14000 | +24.40 | 16500 | +67.20 | 14000 | +36.60 | 14000 | +38.40 | 14000 | +40.88 | 23750 |
| 1Q26 | 14688.00 | +27.40 | 16000 | +48.90 | 13900 | - | 16000 | +26.60 | 13900 | +24.00 | 16000 | +66.00 | 13900 | +36.00 | 13900 | +37.70 | 13900 | +39.53 | 23750 |
| 2Q26 | 14438.00 | +27.00 | 15500 | +48.10 | 13800 | - | 15500 | +26.10 | 13800 | +23.60 | 15500 | +64.90 | 13800 | +35.40 | 13800 | +37.10 | 13800 | +34.23 | 22977 |
| 3Q26 | 14188.00 | +26.50 | 15000 | +47.20 | 13700 | - | 15000 | +25.70 | 13700 | +23.20 | 15000 | +63.80 | 13700 | +34.80 | 13700 | +36.50 | 13700 | +38.91 | 22091 |
| 4Q26 | 13688.00 | +25.60 | 14000 | +45.60 | 13500 | - | 14000 | +24.80 | 13500 | +22.40 | 14000 | +61.50 | 13500 | +33.60 | 13500 | +35.20 | 13500 | +38.33 | 21091 |
| 2026 | 13688.00 | +25.60 | 14000 | +45.60 | 13500 | - | 14000 | +24.80 | 13500 | +22.40 | 14000 | +61.50 | 13500 | +33.60 | 13500 | +35.20 | 13500 | +35.99 | 18750 |
| 2027 | 13438.00 | +25.10 | 13500 | +44.70 | 13400 | - | 13500 | +24.30 | 13400 | +22.00 | 13500 | +60.40 | 13400 | +33.00 | 13400 | +34.50 | 13400 | +36.84 | 18750 |
| 2028 | 13188.00 | +24.60 | 13000 | +43.90 | 13300 | - | 13000 | +23.90 | 13300 | +21.60 | 13000 | +59.30 | 13300 | +32.30 | 13300 | +33.90 | 13300 | +36.57 | 17409 |
| 2029 | 12938.00 | +24.20 | 12500 | +43.10 | 13200 | - | 12500 | +23.40 | 13200 | +21.20 | 12500 | +58.20 | 13200 | +31.70 | 13200 | +33.20 | 13200 | +36.30 | 15955 |
| 2030 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | +36.02 | 14386 |
| SPOT |
|---|
| SEP25 |
| OCT25 |
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| 4Q25 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 2026 |
| 2027 |
| 2028 |
| 2029 |
| 2030 |






