ShockAtlas

ORGANISATION · KR · NAICS 483111 Deep sea freight transportation (dry bulk)

Pan Ocean Co., Ltd.

www.panocean.com · 1 documented exposure in the atlas.

Record El Niño and a Panama Canal that eased: grain freight to Asia, October 2026

Beneficiary · Operational, local · deduced · Drought, 2026-10-08

“ITOCHU Corporation has agreed with Bunge North America, a major Saint Louis-based agribusiness firm, and STX Pan Ocean (America), Inc., a New York-based U.S. corporation of the largest South Korean bulk carrier, to spend more than $200 million to jointly build one of the largest export grain terminals on the West Coast.” — source, 2026-11-01

The 2009 release shows the Korean bulk carrier as a founding partner of the Longview (PNW) export terminal. A shift of Asia-bound grain from the Gulf to the PNW would raise terminal throughput and longer bulk voyages would lift rates; its current stake in the terminal is not shown on this page.

Series concerned: pnw-grain-export-inspections pnw-japan-grain-ocean-rate gulf-pnw-japan-rate-spread · read the edition →

Positions are stated per signal with the public evidence that supports them. An organisation can ask for a correction at the address in the footer.

Premium, 49 USD / month: every published analysis as files, with a key for the API and the MCP server.What Premium includes →