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: 2025-12-03 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 | 18313.00 | +41.50 | 20500 | +57.00 | 17000 | - | 20500 | +31.00 | 17000 | +34.00 | 20500 | +77.00 | 17000 | +43.30 | 17000 | +39.00 | 17000 | +45.23 | 26000 |
| DEC25 | 18313.00 | +41.50 | 20500 | +57.00 | 17000 | - | 20500 | +31.00 | 17000 | +34.00 | 20500 | +77.00 | 17000 | +43.30 | 17000 | +39.00 | 17000 | +45.23 | 26000 |
| JAN26 | 17984.00 | +40.80 | 19833 | +56.00 | 16875 | - | 19833 | +30.40 | 16875 | +33.40 | 19833 | +75.60 | 16875 | +42.50 | 16875 | +38.30 | 16875 | +42.37 | 26000 |
| FEB26 | 17656.00 | +40.00 | 19167 | +55.00 | 16750 | - | 19167 | +29.90 | 16750 | +32.80 | 19167 | +74.20 | 16750 | +41.70 | 16750 | +37.60 | 16750 | +41.89 | 25909 |
| MAR26 | 17328.00 | +39.30 | 18500 | +53.90 | 16625 | - | 18500 | +29.30 | 16625 | +32.20 | 18500 | +72.90 | 16625 | +41.00 | 16625 | +36.90 | 16625 | +41.42 | 25705 |
| APR26 | 17000.00 | +38.50 | 17833 | +52.90 | 16500 | - | 17833 | +28.80 | 16500 | +31.60 | 17833 | +71.50 | 16500 | +40.20 | 16500 | +36.20 | 16500 | +40.94 | 25386 |
| MAY26 | 16344.00 | +37.00 | 16500 | +50.90 | 16250 | - | 16500 | +27.70 | 16250 | +30.30 | 16500 | +68.70 | 16250 | +38.60 | 16250 | +34.80 | 16250 | +40.19 | 24955 |
| 1Q26 | 16344.00 | +37.00 | 16500 | +50.90 | 16250 | - | 16500 | +27.70 | 16250 | +30.30 | 16500 | +68.70 | 16250 | +38.60 | 16250 | +34.80 | 16250 | +40.19 | 23750 |
| 2Q26 | 15950.00 | +36.10 | 16200 | +49.60 | 15800 | - | 16200 | +27.00 | 15800 | +29.60 | 16200 | +67.10 | 15800 | +37.70 | 15800 | +34.00 | 15800 | +39.29 | 23750 |
| 3Q26 | 15556.00 | +35.30 | 15900 | +48.40 | 15350 | - | 15900 | +26.30 | 15350 | +28.90 | 15900 | +65.40 | 15350 | +36.80 | 15350 | +33.10 | 15350 | +35.26 | 22977 |
| 4Q26 | 15163.00 | +34.40 | 15600 | +47.20 | 14900 | - | 15600 | +25.70 | 14900 | +28.20 | 15600 | +63.80 | 14900 | +35.90 | 14900 | +32.30 | 14900 | +38.88 | 22091 |
| 1Q27 | 14375.00 | +32.60 | 15000 | +44.70 | 14000 | - | 15000 | +24.30 | 14000 | +26.70 | 15000 | +60.40 | 14000 | +34.00 | 14000 | +30.60 | 14000 | +38.36 | 21091 |
| 2026 | 14375.00 | +32.60 | 15000 | +44.70 | 14000 | - | 15000 | +24.30 | 14000 | +26.70 | 15000 | +60.40 | 14000 | +34.00 | 14000 | +30.60 | 14000 | +35.67 | 18750 |
| 2027 | 13981.00 | +31.70 | 14700 | +43.50 | 13550 | - | 14700 | +23.70 | 13550 | +26.00 | 14700 | +58.80 | 13550 | +33.10 | 13550 | +29.80 | 13550 | +36.87 | 18750 |
| 2028 | 13588.00 | +30.80 | 14400 | +42.30 | 13100 | - | 14400 | +23.00 | 13100 | +25.20 | 14400 | +57.10 | 13100 | +32.10 | 13100 | +28.90 | 13100 | +35.68 | 17409 |
| 2029 | 13194.00 | +29.90 | 14100 | +41.10 | 12650 | - | 14100 | +22.30 | 12650 | +24.50 | 14100 | +55.50 | 12650 | +31.20 | 12650 | +28.10 | 12650 | +34.50 | 15955 |
| 2030 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | +33.31 | 14386 |
| SPOT |
|---|
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| APR26 |
| MAY26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2026 |
| 2027 |
| 2028 |
| 2029 |
| 2030 |






