The New Luminor GMT Ceramica 40mm PAM01460, the First-Ever 40mm Ceramic Panerai
Panerai’s first 40mm ceramic Luminor merges robust 300m diving performance with a true GMT package in a compact, high-tech format.

For most of its modern life, the Luminor has been a big-wrist proposition, the classic 44mm and 47mm references defined the line’s presence. This spring’s Luminor GMT Power Reserve Ceramica PAM01574 reaffirmed Panerai’s commitment to high-tech casework at the larger end of the spectrum. At the same time, Panerai has been quietly proving that the Luminor’s cushion case and crown-guard scale down just fine: the 2023 Luminor Quaranta (40mm) and last year’s Quaranta BiTempo models showed the silhouette can be elegant without losing its identity. The new Luminor GMT Ceramica 40mm PAM01460 gets the best of both… It’s the first 40mm Luminor with a full ceramic construction, and it keeps professional specs (300m WR, unlike the compact Luminor Due) plus a practical dual-time display.
The case is pure Luminor, reduced but not diluted. Sandblasted black ceramic shapes the 40mm cushion case, with the brand’s trademark crown-protecting device rendered in ceramic and finished in a mix of satin and polish for subtle contrast against the matte mid-case. A grade 5 titanium screwed back with a smoked sapphire window brings strength and keeps weight down. Water-resistance is rated at 300m, and Panerai says each watch is pressure-tested to 25% beyond the stated depth. The geometry around the lugs has been reinforced to meet the brand´s internal shock-resistance targets, a welcome reassurance on a daily-wear ceramic diver.
The dial of this Luminor GMT Ceramica 40mm PAM01460 sticks to the formula that made the Luminor a modern classic. You get a black sun-brushed sandwich dial with Super-LumiNova X2 on numerals at 6 and 12 and hour indices for a bright, even glow. The small seconds sit at 9 o’clock, the date at 3 o’clock (a must for a traveller’s watch), and a slim arrow 12-hour GMT hand tracks home time. The BiTempo script is a gentle nod to the brand’s Italian heritage. In daylight, the monochrome palette reads crisp; in low light, the dial becomes a luminous instrument panel.
The watch is powered by the automatic P.900/GMT (12H), a compact calibre produced by Richemont’s ValFleurier facilities, and used in Luminor Quaranta BiTempo models, but also in the larger 44mm Submersible GMT Navy SEALs. Beating at 28,800 vibrations/hour, it offers a three-day power reserve from a single barrel, bi-directional winding, and stop-seconds for precise setting. The smoked caseback gives a restrained view of the movement without breaking the watch’s stealthy aesthetic. It’s a smart pairing: a thin, robust engine that helps keep overall thickness in check while delivering a useful second time zone.
The new PAM01460 is worn on a black calfskin strap with white stitching, closed by a DLC-finished titanium trapezoid buckle. A black rubber strap for saltwater use is added within the presentation box. Both use the PAM Click Release system on the strap and buckle for tool-free, fast swaps.
The Luminor GMT Ceramica PAM01460 will be available as part of the permanent collection in October 2025 through Panerai boutiques and authorised retailers. It is priced at EUR 15,300 or USD 15,800. More information at Panerai.com.