The following is a report on Dry Bulk Shipping Rates for 12/19/08. 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 19th, 2008
Baltic Dry Index ( BDI ) - 818 Down 11
Baltic Cape Index ( BCI ) - 1423 Down 53
Baltic Panamax Index ( BPI ) - 575 Up 32
Baltic Supramax Index ( BSI ) - 454 Down 10
Past Bulk Shipping Rates
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