# Why supramax bulker owners can enjoy an unusual premium over panamax rivals

> Supramax bulk carriers are earning a premium over Panamax vessels, with average waiting times at ports rising to 16.43 days. Grain cargoes are arriving quickly and creating congestion. The article attributes the premium largely to this port congestion.

- Date: 2024-08-28 · published 2024-08-28T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/29005-why-supramax-bulker-owners-can-enjoy-an-unusual-premium-over-panamax-rivals
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Port congestion lengthens voyage times and absorbs vessel capacity, which tightens supply of ships and supports freight rates for grain cargoes. Higher freight costs can narrow the export margin for grain.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/bulkers/why-supramax-bulker-owners-can-enjoy-an-unusual-premium-over-panamax-rivals/2-1-1699974

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.