Baltic Dry Index Shipping Rates - 1/16/09 BDI

The following is a report on Dry Bulk Shipping Rates for 1/16/09. 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.
http://dryindex.com/

Dry Bulk Shipping Rates - January 16, 2009

Baltic Dry Index ( BDI ) - 881 Down 27
Spot 4 - TC Average - 14380 Down 1006
Baltic Cape Index ( BCI ) - 1760 Down 90
Baltic Panamax Index ( BPI ) - 496 Down 6
Baltic Supramax Index ( BSI ) - 418 Up 5
Past Bulk Shipping Rates

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