# Record number of dry bulk ships hit by port congestion - Splash247

> Dry-bulk ship queues at ports reached a record of about 142 million dwt, with China accounting for more than a third and Chinese congestion hitting an all-time high of 52.7 million dwt. Capesize rates rose above $47,000 per day, and the Baltic supramax index passed $35,000 per day for the first time since 2015, with grain ships affected as Chinese silos are full.

- Date: 2021-08-20 · published 2021-08-20T12:00:00.000Z
- Category: logistics · region China · magnitude medium
- Page: https://feedsoft.ai/events/45744-record-number-of-dry-bulk-ships-hit-by-port-congestion-splash247
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Port congestion in China delays grain and oilseed deliveries and idles about 16% of the dry-bulk fleet, tightening vessel supply and raising freight costs. Full Chinese grain silos limit import capacity, which can weigh on demand for imported feed grains.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-06-05 | [MID-SHIP Report: Dry Bulk Freight Market - June 5 2025 - MID-SHIP Group](https://feedsoft.ai/events/24401-mid-ship-report-dry-bulk-freight-market-june-5-2025-mid-ship-group.md) | -2.2% | -0.6% |
| CORN | 2022-05-27 | [Grains Outlook Points To Dry Bulk Headwinds \| World Ports Organization](https://feedsoft.ai/events/41301-grains-outlook-points-to-dry-bulk-headwinds-world-ports-organization.md) | -4.1% | -4.3% |
| CORN | 2022-09-28 | [Drought Pushes Mississippi River Grain Shipping Rate to a Record - Bloomberg](https://feedsoft.ai/events/16680-drought-pushes-mississippi-river-grain-shipping-rate-to-a-record-bloomberg.md) | +1.9% | +4.4% |
| CORN | 2023-12-13 | [Signal Dry Bulk Weekly Report — Breakwave Advisors](https://feedsoft.ai/events/32918-signal-dry-bulk-weekly-report-breakwave-advisors.md) | +1.1% | +0.4% |
| CORN | 2022-10-24 | [Mississippi River record-low water levels ease some, but long-term forecast is dry » Yale Climate Connections](https://feedsoft.ai/events/39028-mississippi-river-record-low-water-levels-ease-some-but-long-term-forecast-is.md) | -1.1% | -1.4% |
| SOY | 2025-06-05 | [MID-SHIP Report: Dry Bulk Freight Market - June 5 2025 - MID-SHIP Group](https://feedsoft.ai/events/24401-mid-ship-report-dry-bulk-freight-market-june-5-2025-mid-ship-group.md) | +0.5% | +1.1% |
| SOY | 2022-09-28 | [Drought Pushes Mississippi River Grain Shipping Rate to a Record - Bloomberg](https://feedsoft.ai/events/16680-drought-pushes-mississippi-river-grain-shipping-rate-to-a-record-bloomberg.md) | -1.7% | -1.8% |
| SOY | 2023-12-13 | [Signal Dry Bulk Weekly Report — Breakwave Advisors](https://feedsoft.ai/events/32918-signal-dry-bulk-weekly-report-breakwave-advisors.md) | -0.8% | -7.0% |

## Sources

- splash247.com: https://splash247.com/record-number-of-dry-bulk-ships-hit-by-port-congestion/

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