Dry Bulk Shipping Rates Report - 12/16/08 DRYS

The following is a report on Dry Bulk Shipping Rates for 12/16/08. 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 - December 16, 2008

Baltic Dry Index ( BDI ) - 828 Up 25
Baltic Cape Index ( BCI ) - 1514 Up 60
Baltic Panamax Index ( BPI ) - 480 Up 30
Baltic Supramax Index ( BSI ) - 481 Down 5
Past Bulk Shipping Rates

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