# Indonesian port congestion boosting panamax bulker market, Clarksons says

> Port congestion off Indonesia is lifting Panamax spot rates. Clarksons expects the South American grain season to further support the midsize dry bulk sector.

- Date: 2022-09-08 · published 2022-09-08T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/39786-indonesian-port-congestion-boosting-panamax-bulker-market-clarksons-says
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Port congestion and the upcoming South American harvest shipments tighten Panamax vessel supply, which pushes up ocean freight costs for grain and oilseed shipments.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/bulkers/indonesian-port-congestion-boosting-panamax-bulker-market-clarksons-says/2-1-1293912

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