The following is a report on Dry Bulk Shipping Rates for 1/02/09. 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 2nd, 2009
Baltic Dry Index ( BDI ) - 773 Down 1
Baltic Cape Index ( BCI ) - 1361 Up 23
Baltic Panamax Index ( BPI ) - 540 Down 18
Baltic Supramax Index ( BSI ) - 411 Down 10
Past Bulk Shipping Rates
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