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: 2025-11-01 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 | 16875.00 | +32.00 | 20000 | +57.00 | 15000 | - | 20000 | +32.00 | 15000 | +34.00 | 20000 | +77.00 | 15000 | +42.00 | 15000 | +44.00 | 15000 | +44.73 | 26000 |
| NOV25 | 16875.00 | +32.00 | 20000 | +57.00 | 15000 | - | 20000 | +32.00 | 15000 | +34.00 | 20000 | +77.00 | 15000 | +42.00 | 15000 | +44.00 | 15000 | +44.73 | 26000 |
| DEC25 | 16552.00 | +31.40 | 19417 | +55.90 | 14833 | - | 19417 | +31.40 | 14833 | +33.30 | 19417 | +75.50 | 14833 | +41.20 | 14833 | +43.20 | 14833 | +41.98 | 26000 |
| JAN26 | 16229.00 | +30.80 | 18833 | +54.80 | 14667 | - | 18833 | +30.80 | 14667 | +32.70 | 18833 | +74.10 | 14667 | +40.40 | 14667 | +42.30 | 14667 | +41.43 | 25909 |
| FEB26 | 15906.00 | +30.20 | 18250 | +53.70 | 14500 | - | 18250 | +30.20 | 14500 | +32.00 | 18250 | +72.60 | 14500 | +39.60 | 14500 | +41.50 | 14500 | +40.89 | 25705 |
| MAR26 | 15583.00 | +29.50 | 17667 | +52.60 | 14333 | - | 17667 | +29.50 | 14333 | +31.40 | 17667 | +71.10 | 14333 | +38.80 | 14333 | +40.60 | 14333 | +40.35 | 25386 |
| APR26 | 14938.00 | +28.30 | 16500 | +50.50 | 14000 | - | 16500 | +28.30 | 14000 | +30.10 | 16500 | +68.20 | 14000 | +37.20 | 14000 | +38.90 | 14000 | +39.88 | 24955 |
| 1Q26 | 14938.00 | +28.30 | 16500 | +50.50 | 14000 | - | 16500 | +28.30 | 14000 | +30.10 | 16500 | +68.20 | 14000 | +37.20 | 14000 | +38.90 | 14000 | +39.88 | 23750 |
| 2Q26 | 14600.00 | +27.70 | 15850 | +49.30 | 13850 | - | 15850 | +27.70 | 13850 | +29.40 | 15850 | +66.60 | 13850 | +36.30 | 13850 | +38.10 | 13850 | +38.78 | 23750 |
| 3Q26 | 14263.00 | +27.00 | 15200 | +48.20 | 13700 | - | 15200 | +27.00 | 13700 | +28.70 | 15200 | +65.10 | 13700 | +35.50 | 13700 | +37.20 | 13700 | +38.69 | 22977 |
| 4Q26 | 13925.00 | +26.40 | 14550 | +47.00 | 13550 | - | 14550 | +26.40 | 13550 | +28.10 | 14550 | +63.50 | 13550 | +34.70 | 13550 | +36.30 | 13550 | +38.06 | 22091 |
| 1Q27 | 13250.00 | +25.10 | 13250 | +44.80 | 13250 | - | 13250 | +25.10 | 13250 | +26.70 | 13250 | +60.50 | 13250 | +33.00 | 13250 | +34.50 | 13250 | +37.46 | 21091 |
| 2026 | 13250.00 | +25.10 | 13250 | +44.80 | 13250 | - | 13250 | +25.10 | 13250 | +26.70 | 13250 | +60.50 | 13250 | +33.00 | 13250 | +34.50 | 13250 | +35.96 | 18750 |
| 2027 | 12913.00 | +24.50 | 12600 | +43.60 | 13100 | - | 12600 | +24.50 | 13100 | +26.00 | 12600 | +58.90 | 13100 | +32.10 | 13100 | +33.70 | 13100 | +35.72 | 18750 |
| 2028 | 12575.00 | +23.80 | 11950 | +42.50 | 12950 | - | 11950 | +23.80 | 12950 | +25.30 | 11950 | +57.40 | 12950 | +31.30 | 12950 | +32.80 | 12950 | +35.32 | 17409 |
| 2029 | 12238.00 | +23.20 | 11300 | +41.30 | 12800 | - | 11300 | +23.20 | 12800 | +24.70 | 11300 | +55.80 | 12800 | +30.50 | 12800 | +31.90 | 12800 | +34.91 | 15955 |
| 2030 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | +34.51 | 14386 |
| SPOT |
|---|
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| APR26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2026 |
| 2027 |
| 2028 |
| 2029 |
| 2030 |






