# Panamax bulkers benefit from grain volumes from east coast of South America as charterers ‘cave in’

> Panamax bulk carrier rates are rising as grain volumes from South America's east coast increase and Panama Canal delays tighten vessel supply. Charterers are accepting higher rates.

- Date: 2023-08-30 · published 2023-08-30T12:00:00.000Z
- Category: logistics · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/34461-panamax-bulkers-benefit-from-grain-volumes-from-east-coast-of-south-america-as
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Tighter Panamax supply raises the cost of moving South American grain and meal, which supports freight-driven export costs.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/bulkers/panamax-bulkers-benefit-from-grain-volumes-from-east-coast-of-south-america-as-charterers-cave-in-/2-1-1509222

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