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: 2025-12-12 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 | 17313.00 | +32.00 | 19500 | +57.00 | 16000 | - | 19500 | +31.00 | 16000 | +34.00 | 19500 | +77.00 | 16000 | +43.30 | 16000 | +39.00 | 16000 | +43.24 | 26000 |
| DEC25 | 17313.00 | +32.00 | 19500 | +57.00 | 16000 | - | 19500 | +31.00 | 16000 | +34.00 | 19500 | +77.00 | 16000 | +43.30 | 16000 | +39.00 | 16000 | +43.24 | 26000 |
| JAN26 | 17036.00 | +31.50 | 19042 | +56.10 | 15833 | - | 19042 | +30.50 | 15833 | +33.50 | 19042 | +75.80 | 15833 | +42.60 | 15833 | +38.40 | 15833 | +40.84 | 26000 |
| FEB26 | 16761.00 | +31.00 | 18583 | +55.20 | 15667 | - | 18583 | +30.00 | 15667 | +32.90 | 18583 | +74.50 | 15667 | +41.90 | 15667 | +37.80 | 15667 | +40.46 | 25909 |
| MAR26 | 16484.00 | +30.50 | 18125 | +54.30 | 15500 | - | 18125 | +29.50 | 15500 | +32.40 | 18125 | +73.30 | 15500 | +41.20 | 15500 | +37.10 | 15500 | +40.08 | 25705 |
| APR26 | 16208.00 | +30.00 | 17667 | +53.40 | 15333 | - | 17667 | +29.00 | 15333 | +31.80 | 17667 | +72.10 | 15333 | +40.50 | 15333 | +36.50 | 15333 | +39.70 | 25386 |
| MAY26 | 15656.00 | +28.90 | 16750 | +51.50 | 15000 | - | 16750 | +28.00 | 15000 | +30.70 | 16750 | +69.60 | 15000 | +39.20 | 15000 | +35.30 | 15000 | +39.15 | 24955 |
| 1Q26 | 15656.00 | +28.90 | 16750 | +51.50 | 15000 | - | 16750 | +28.00 | 15000 | +30.70 | 16750 | +69.60 | 15000 | +39.20 | 15000 | +35.30 | 15000 | +39.15 | 23750 |
| 2Q26 | 15400.00 | +28.50 | 16400 | +50.70 | 14800 | - | 16400 | +27.60 | 14800 | +30.20 | 16400 | +68.50 | 14800 | +38.50 | 14800 | +34.70 | 14800 | +38.41 | 23750 |
| 3Q26 | 15144.00 | +28.00 | 16050 | +49.90 | 14600 | - | 16050 | +27.10 | 14600 | +29.70 | 16050 | +67.40 | 14600 | +37.90 | 14600 | +34.10 | 14600 | +34.51 | 22977 |
| 4Q26 | 14888.00 | +27.50 | 15700 | +49.00 | 14400 | - | 15700 | +26.70 | 14400 | +29.20 | 15700 | +66.20 | 14400 | +37.20 | 14400 | +33.50 | 14400 | +38.16 | 22091 |
| 1Q27 | 14375.00 | +26.60 | 15000 | +47.30 | 14000 | - | 15000 | +25.70 | 14000 | +28.20 | 15000 | +63.90 | 14000 | +36.00 | 14000 | +32.40 | 14000 | +37.77 | 21091 |
| 2026 | 14375.00 | +26.60 | 15000 | +47.30 | 14000 | - | 15000 | +25.70 | 14000 | +28.20 | 15000 | +63.90 | 14000 | +36.00 | 14000 | +32.40 | 14000 | +35.54 | 18750 |
| 2027 | 14119.00 | +26.10 | 14650 | +46.50 | 13800 | - | 14650 | +25.30 | 13800 | +27.70 | 14650 | +62.80 | 13800 | +35.30 | 13800 | +31.80 | 13800 | +36.71 | 18750 |
| 2028 | 13863.00 | +25.60 | 14300 | +45.60 | 13600 | - | 14300 | +24.80 | 13600 | +27.20 | 14300 | +61.70 | 13600 | +34.70 | 13600 | +31.20 | 13600 | +36.19 | 17409 |
| 2029 | 13606.00 | +25.10 | 13950 | +44.80 | 13400 | - | 13950 | +24.40 | 13400 | +26.70 | 13950 | +60.50 | 13400 | +34.00 | 13400 | +30.60 | 13400 | +35.66 | 15955 |
| 2030 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | +35.14 | 14386 |
| SPOT |
|---|
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| APR26 |
| MAY26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2026 |
| 2027 |
| 2028 |
| 2029 |
| 2030 |






