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MID-SHIP reports that the Panamax Time Charter Average fell nearly 20% since mid-September to test about USD 15,000 per day, with Atlantic rates down about 30% on US-China tariff uncertainty and pending USTR fees. Pacific rates rose on North Pacific exports and Australian iron ore flows.
Lower Atlantic Panamax rates reduce ocean freight costs for US grain exports, though tariff uncertainty continues to weigh on the trade outlook.
midship.comFrankOct 8, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
