Dry Bulk Shipping Rates Report - 11/28/08

The following is a report on Dry Bulk Shipping Rates for 11/28/08. This data is critical for how the DryBulk Shipping Stocks such as DryShips ( DRYS ), Excel Maritime Carriers ( EXM ), Diana Shipping ( DSX ), Genco Shipping ( GNX ), TBS International ( TBSI ), Navios Maritime ( NM ), and OceanFreight ( OCNF ) will trade during the day. As you probably know, the Dry Bulk Shipping index can tell you a lot about the state of the World Economy. When Bulk Shipping Rates are at all time highs, the World Economy is outstanding. When Bulk Shipping Rates are as low as they have been lately, it signifies that the world economy has come to a screeching halt.

Dry Bulk Shipping Rates - November 28, 2008

Baltic Dry Index ( BDI ) - 715 Down 18
Baltic Cape Index ( BCI ) - 838 Down 20
Baltic Panamax Index ( BPI ) - 622 Down 31
Baltic Supramax Index ( BSI ) - 622 Down 10

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