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: 2025-09-25 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 | 16563.00 | +32.00 | 20000 | +57.00 | 14500 | - | 20000 | +31.00 | 14500 | +28.00 | 20000 | +77.00 | 14500 | +42.00 | 14500 | +44.00 | 14500 | +44.63 | 26000 |
| SEP25 | 16563.00 | +32.00 | 20000 | +57.00 | 14500 | - | 20000 | +31.00 | 14500 | +28.00 | 20000 | +77.00 | 14500 | +42.00 | 14500 | +44.00 | 14500 | +44.63 | 26000 |
| OCT25 | 16292.00 | +31.50 | 19417 | +56.10 | 14417 | - | 19417 | +30.50 | 14417 | +27.50 | 19417 | +75.70 | 14417 | +41.30 | 14417 | +43.30 | 14417 | +42.41 | 26000 |
| NOV25 | 16021.00 | +31.00 | 18833 | +55.10 | 14333 | - | 18833 | +30.00 | 14333 | +27.10 | 18833 | +74.50 | 14333 | +40.60 | 14333 | +42.60 | 14333 | +41.98 | 25909 |
| DEC25 | 15750.00 | +30.40 | 18250 | +54.20 | 14250 | - | 18250 | +29.50 | 14250 | +26.60 | 18250 | +73.20 | 14250 | +39.90 | 14250 | +41.80 | 14250 | +41.51 | 25705 |
| JAN26 | 15480.00 | +29.90 | 17667 | +53.30 | 14167 | - | 17667 | +29.00 | 14167 | +26.20 | 17667 | +72.00 | 14167 | +39.30 | 14167 | +41.10 | 14167 | +41.03 | 25386 |
| FEB26 | 14938.00 | +28.90 | 16500 | +51.40 | 14000 | - | 16500 | +28.00 | 14000 | +25.30 | 16500 | +69.40 | 14000 | +37.90 | 14000 | +39.70 | 14000 | +40.52 | 24955 |
| 4Q25 | 14938.00 | +28.90 | 16500 | +51.40 | 14000 | - | 16500 | +28.00 | 14000 | +25.30 | 16500 | +69.40 | 14000 | +37.90 | 14000 | +39.70 | 14000 | +40.52 | 23750 |
| 1Q26 | 14688.00 | +28.40 | 16000 | +50.50 | 13900 | - | 16000 | +27.50 | 13900 | +24.80 | 16000 | +68.30 | 13900 | +37.20 | 13900 | +39.00 | 13900 | +39.64 | 23750 |
| 2Q26 | 14438.00 | +27.90 | 15500 | +49.70 | 13800 | - | 15500 | +27.00 | 13800 | +24.40 | 15500 | +67.10 | 13800 | +36.60 | 13800 | +38.40 | 13800 | +34.27 | 22977 |
| 3Q26 | 14188.00 | +27.40 | 15000 | +48.80 | 13700 | - | 15000 | +26.60 | 13700 | +24.00 | 15000 | +66.00 | 13700 | +36.00 | 13700 | +37.70 | 13700 | +39.01 | 22091 |
| 4Q26 | 13688.00 | +26.40 | 14000 | +47.10 | 13500 | - | 14000 | +25.60 | 13500 | +23.10 | 14000 | +63.60 | 13500 | +34.70 | 13500 | +36.40 | 13500 | +38.43 | 21091 |
| 2026 | 13688.00 | +26.40 | 14000 | +47.10 | 13500 | - | 14000 | +25.60 | 13500 | +23.10 | 14000 | +63.60 | 13500 | +34.70 | 13500 | +36.40 | 13500 | +36.07 | 18750 |
| 2027 | 13438.00 | +26.00 | 13500 | +46.20 | 13400 | - | 13500 | +25.20 | 13400 | +22.70 | 13500 | +62.50 | 13400 | +34.10 | 13400 | +35.70 | 13400 | +36.95 | 18750 |
| 2028 | 13188.00 | +25.50 | 13000 | +45.40 | 13300 | - | 13000 | +24.70 | 13300 | +22.30 | 13000 | +61.30 | 13300 | +33.40 | 13300 | +35.00 | 13300 | +36.67 | 17409 |
| 2029 | 12938.00 | +25.00 | 12500 | +44.50 | 13200 | - | 12500 | +24.20 | 13200 | +21.90 | 12500 | +60.10 | 13200 | +32.80 | 13200 | +34.40 | 13200 | +36.40 | 15955 |
| 2030 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | +36.12 | 14386 |
| SPOT |
|---|
| SEP25 |
| OCT25 |
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| 4Q25 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 2026 |
| 2027 |
| 2028 |
| 2029 |
| 2030 |






