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: 2025-11-23 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 | 16938.00 | +32.00 | 18500 | +57.00 | 16000 | - | 18500 | +31.00 | 16000 | +34.00 | 18500 | +77.00 | 16000 | +42.00 | 16000 | +39.00 | 16000 | +44.03 | 26000 |
| NOV25 | 16938.00 | +32.00 | 18500 | +57.00 | 16000 | - | 18500 | +31.00 | 16000 | +34.00 | 18500 | +77.00 | 16000 | +42.00 | 16000 | +39.00 | 16000 | +44.03 | 26000 |
| DEC25 | 16646.00 | +31.40 | 18000 | +56.00 | 15833 | - | 18000 | +30.50 | 15833 | +33.40 | 18000 | +75.70 | 15833 | +41.30 | 15833 | +38.30 | 15833 | +40.56 | 26000 |
| JAN26 | 16354.00 | +30.90 | 17500 | +55.00 | 15667 | - | 17500 | +29.90 | 15667 | +32.80 | 17500 | +74.30 | 15667 | +40.60 | 15667 | +37.70 | 15667 | +40.11 | 25909 |
| FEB26 | 16063.00 | +30.30 | 17000 | +54.10 | 15500 | - | 17000 | +29.40 | 15500 | +32.20 | 17000 | +73.00 | 15500 | +39.80 | 15500 | +37.00 | 15500 | +39.61 | 25705 |
| MAR26 | 15771.00 | +29.80 | 16500 | +53.10 | 15333 | - | 16500 | +28.90 | 15333 | +31.70 | 16500 | +71.70 | 15333 | +39.10 | 15333 | +36.30 | 15333 | +39.17 | 25386 |
| APR26 | 15188.00 | +28.70 | 15500 | +51.10 | 15000 | - | 15500 | +27.80 | 15000 | +30.50 | 15500 | +69.00 | 15000 | +37.70 | 15000 | +35.00 | 15000 | +38.71 | 24955 |
| 1Q26 | 15188.00 | +28.70 | 15500 | +51.10 | 15000 | - | 15500 | +27.80 | 15000 | +30.50 | 15500 | +69.00 | 15000 | +37.70 | 15000 | +35.00 | 15000 | +38.71 | 23750 |
| 2Q26 | 14950.00 | +28.20 | 15200 | +50.30 | 14800 | - | 15200 | +27.40 | 14800 | +30.00 | 15200 | +68.00 | 14800 | +37.10 | 14800 | +34.40 | 14800 | +37.80 | 23750 |
| 3Q26 | 14713.00 | +27.80 | 14900 | +49.50 | 14600 | - | 14900 | +26.90 | 14600 | +29.50 | 14900 | +66.90 | 14600 | +36.50 | 14600 | +33.90 | 14600 | +37.81 | 22977 |
| 4Q26 | 14475.00 | +27.30 | 14600 | +48.70 | 14400 | - | 14600 | +26.50 | 14400 | +29.10 | 14600 | +65.80 | 14400 | +35.90 | 14400 | +33.30 | 14400 | +37.46 | 22091 |
| 1Q27 | 14000.00 | +26.40 | 14000 | +47.10 | 14000 | - | 14000 | +25.60 | 14000 | +28.10 | 14000 | +63.60 | 14000 | +34.70 | 14000 | +32.20 | 14000 | +37.12 | 21091 |
| 2026 | 14000.00 | +26.40 | 14000 | +47.10 | 14000 | - | 14000 | +25.60 | 14000 | +28.10 | 14000 | +63.60 | 14000 | +34.70 | 14000 | +32.20 | 14000 | +36.07 | 18750 |
| 2027 | 13763.00 | +26.00 | 13700 | +46.30 | 13800 | - | 13700 | +25.20 | 13800 | +27.60 | 13700 | +62.60 | 13800 | +34.10 | 13800 | +31.70 | 13800 | +36.06 | 18750 |
| 2028 | 13525.00 | +25.60 | 13400 | +45.50 | 13600 | - | 13400 | +24.80 | 13600 | +27.10 | 13400 | +61.50 | 13600 | +33.50 | 13600 | +31.10 | 13600 | +35.55 | 17409 |
| 2029 | 13288.00 | +25.10 | 13100 | +44.70 | 13400 | - | 13100 | +24.30 | 13400 | +26.70 | 13100 | +60.40 | 13400 | +32.90 | 13400 | +30.60 | 13400 | +35.03 | 15955 |
| 2030 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | +34.52 | 14386 |
| SPOT |
|---|
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| APR26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2026 |
| 2027 |
| 2028 |
| 2029 |
| 2030 |






