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Port congestion off Indonesia is lifting Panamax spot rates. Clarksons expects the South American grain season to further support the midsize dry bulk sector.
Port congestion and the upcoming South American harvest shipments tighten Panamax vessel supply, which pushes up ocean freight costs for grain and oilseed shipments.
tradewindsnews.comMichael JulianoSep 8, 2022Not 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.
