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: 2025-12-17 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 | 17188.00 | +32.00 | 17500 | +57.00 | 17000 | - | 17500 | +31.00 | 17000 | +34.00 | 17500 | +77.00 | 17000 | +43.30 | 17000 | +39.00 | 17000 | +42.23 | 26000 |
| DEC25 | 17188.00 | +32.00 | 17500 | +57.00 | 17000 | - | 17500 | +31.00 | 17000 | +34.00 | 17500 | +77.00 | 17000 | +43.30 | 17000 | +39.00 | 17000 | +42.23 | 26000 |
| JAN26 | 16964.00 | +31.60 | 17250 | +56.30 | 16792 | - | 17250 | +30.60 | 16792 | +33.60 | 17250 | +76.00 | 16792 | +42.70 | 16792 | +38.50 | 16792 | +39.65 | 26000 |
| FEB26 | 16739.00 | +31.20 | 17000 | +55.50 | 16583 | - | 17000 | +30.20 | 16583 | +33.10 | 17000 | +75.00 | 16583 | +42.20 | 16583 | +38.00 | 16583 | +39.34 | 25909 |
| MAR26 | 16516.00 | +30.70 | 16750 | +54.80 | 16375 | - | 16750 | +29.80 | 16375 | +32.70 | 16750 | +74.00 | 16375 | +41.60 | 16375 | +37.50 | 16375 | +39.07 | 25705 |
| APR26 | 16292.00 | +30.30 | 16500 | +54.00 | 16167 | - | 16500 | +29.40 | 16167 | +32.20 | 16500 | +73.00 | 16167 | +41.00 | 16167 | +37.00 | 16167 | +38.80 | 25386 |
| MAY26 | 15844.00 | +29.50 | 16000 | +52.50 | 15750 | - | 16000 | +28.60 | 15750 | +31.30 | 16000 | +71.00 | 15750 | +39.90 | 15750 | +36.00 | 15750 | +38.49 | 24955 |
| 1Q26 | 15844.00 | +29.50 | 16000 | +52.50 | 15750 | - | 16000 | +28.60 | 15750 | +31.30 | 16000 | +71.00 | 15750 | +39.90 | 15750 | +36.00 | 15750 | +38.49 | 23750 |
| 2Q26 | 15550.00 | +29.00 | 15800 | +51.60 | 15400 | - | 15800 | +28.00 | 15400 | +30.80 | 15800 | +69.70 | 15400 | +39.20 | 15400 | +35.30 | 15400 | +37.85 | 23750 |
| 3Q26 | 15256.00 | +28.40 | 15600 | +50.60 | 15050 | - | 15600 | +27.50 | 15050 | +30.20 | 15600 | +68.30 | 15050 | +38.40 | 15050 | +34.60 | 15050 | +34.32 | 22977 |
| 4Q26 | 14963.00 | +27.90 | 15400 | +49.60 | 14700 | - | 15400 | +27.00 | 14700 | +29.60 | 15400 | +67.00 | 14700 | +37.70 | 14700 | +34.00 | 14700 | +37.59 | 22091 |
| 1Q27 | 14375.00 | +26.80 | 15000 | +47.70 | 14000 | - | 15000 | +25.90 | 14000 | +28.40 | 15000 | +64.40 | 14000 | +36.20 | 14000 | +32.60 | 14000 | +37.25 | 21091 |
| 2026 | 14375.00 | +26.80 | 15000 | +47.70 | 14000 | - | 15000 | +25.90 | 14000 | +28.40 | 15000 | +64.40 | 14000 | +36.20 | 14000 | +32.60 | 14000 | +35.09 | 18750 |
| 2027 | 14081.00 | +26.20 | 14800 | +46.70 | 13650 | - | 14800 | +25.40 | 13650 | +27.90 | 14800 | +63.10 | 13650 | +35.50 | 13650 | +32.00 | 13650 | +36.20 | 18750 |
| 2028 | 13788.00 | +25.70 | 14600 | +45.70 | 13300 | - | 14600 | +24.90 | 13300 | +27.30 | 14600 | +61.80 | 13300 | +34.70 | 13300 | +31.30 | 13300 | +35.30 | 17409 |
| 2029 | 13494.00 | +25.10 | 14400 | +44.70 | 12950 | - | 14400 | +24.30 | 12950 | +26.70 | 14400 | +60.50 | 12950 | +34.00 | 12950 | +30.60 | 12950 | +34.39 | 15955 |
| 2030 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | +33.49 | 14386 |
| SPOT |
|---|
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| APR26 |
| MAY26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2026 |
| 2027 |
| 2028 |
| 2029 |
| 2030 |






