# Panama Canal congestion, Red Sea ‘war risk’ premium complicating MPV outlook | Journal of Commerce

> Drought restrictions at the Panama Canal and rising attack risk in the Gulf of Aden are expected to add time and cost to many multipurpose and heavy-lift voyages in the near term. The article covers the outlook for breakbulk carriers. It notes the combined effect of the two chokepoints on voyage planning.

- Date: 2023-12-13 · published 2023-12-13T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/32469-panama-canal-congestion-red-sea-war-risk-premium-complicating-mpv-outlook
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Added time and cost on Panama and Red Sea routes raise freight expenses for feed ingredients shipped on multipurpose and breakbulk vessels, though the effect on grain bulk is less direct.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- joc.com: https://www.joc.com/article/panama-canal-congestion-red-sea-war-risk-premium-complicating-mpv-outlook-5200926

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