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: 2026-02-03 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 | 16750.00 | +32.00 | 18000 | +57.00 | 16000 | - | 18000 | +25.00 | 16000 | +34.00 | 18000 | +77.00 | 16000 | +39.00 | 16000 | +38.00 | 16000 | +43.76 | 26000 |
| FEB26 | 16750.00 | +32.00 | 18000 | +57.00 | 16000 | - | 18000 | +25.00 | 16000 | +34.00 | 18000 | +77.00 | 16000 | +39.00 | 16000 | +38.00 | 16000 | +43.76 | 26000 |
| MAR26 | 16687.00 | +31.90 | 17833 | +56.80 | 16000 | - | 17833 | +24.90 | 16000 | +33.90 | 17833 | +76.70 | 16000 | +38.90 | 16000 | +37.90 | 16000 | +40.82 | 26000 |
| APR26 | 16625.00 | +31.80 | 17667 | +56.60 | 16000 | - | 17667 | +24.80 | 16000 | +33.70 | 17667 | +76.40 | 16000 | +38.70 | 16000 | +37.70 | 16000 | +40.74 | 25909 |
| MAY26 | 16563.00 | +31.60 | 17500 | +56.40 | 16000 | - | 17500 | +24.70 | 16000 | +33.60 | 17500 | +76.10 | 16000 | +38.60 | 16000 | +37.60 | 16000 | +40.60 | 25705 |
| JUN26 | 16500.00 | +31.50 | 17333 | +56.10 | 16000 | - | 17333 | +24.60 | 16000 | +33.50 | 17333 | +75.90 | 16000 | +38.40 | 16000 | +37.40 | 16000 | +40.45 | 25386 |
| JUL26 | 16375.00 | +31.30 | 17000 | +55.70 | 16000 | - | 17000 | +24.40 | 16000 | +33.20 | 17000 | +75.30 | 16000 | +38.10 | 16000 | +37.10 | 16000 | +40.37 | 24955 |
| 2Q26 | 16375.00 | +31.30 | 17000 | +55.70 | 16000 | - | 17000 | +24.40 | 16000 | +33.20 | 17000 | +75.30 | 16000 | +38.10 | 16000 | +37.10 | 16000 | +40.37 | 23750 |
| 3Q26 | 16038.00 | +30.60 | 16600 | +54.60 | 15700 | - | 16600 | +23.90 | 15700 | +32.60 | 16600 | +73.70 | 15700 | +37.30 | 15700 | +36.40 | 15700 | +37.84 | 23750 |
| 4Q26 | 15700.00 | +30.00 | 16200 | +53.40 | 15400 | - | 16200 | +23.40 | 15400 | +31.90 | 16200 | +72.20 | 15400 | +36.60 | 15400 | +35.60 | 15400 | +37.78 | 22977 |
| 1Q27 | 15363.00 | +29.40 | 15800 | +52.30 | 15100 | - | 15800 | +22.90 | 15100 | +31.20 | 15800 | +70.60 | 15100 | +35.80 | 15100 | +34.90 | 15100 | +39.44 | 22091 |
| 2Q27 | 14688.00 | +28.10 | 15000 | +50.00 | 14500 | - | 15000 | +21.90 | 14500 | +29.80 | 15000 | +67.50 | 14500 | +34.20 | 14500 | +33.30 | 14500 | +38.96 | 21091 |
| 2027 | 14688.00 | +28.10 | 15000 | +50.00 | 14500 | - | 15000 | +21.90 | 14500 | +29.80 | 15000 | +67.50 | 14500 | +34.20 | 14500 | +33.30 | 14500 | +37.50 | 18750 |
| 2028 | 14350.00 | +27.40 | 14600 | +48.80 | 14200 | - | 14600 | +21.40 | 14200 | +29.10 | 14600 | +66.00 | 14200 | +33.40 | 14200 | +32.60 | 14200 | +37.55 | 18750 |
| 2029 | 14013.00 | +26.80 | 14200 | +47.70 | 13900 | - | 14200 | +20.90 | 13900 | +28.40 | 14200 | +64.40 | 13900 | +32.60 | 13900 | +31.80 | 13900 | +36.77 | 17409 |
| 2030 | 13675.00 | +26.10 | 13800 | +46.50 | 13600 | - | 13800 | +20.40 | 13600 | +27.80 | 13800 | +62.90 | 13600 | +31.80 | 13600 | +31.00 | 13600 | +36.00 | 15955 |
| 2031 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | +35.22 | 14386 |
| SPOT |
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| FEB26 |
| MAR26 |
| APR26 |
| MAY26 |
| JUN26 |
| JUL26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2Q27 |
| 2027 |
| 2028 |
| 2029 |
| 2030 |
| 2031 |






