The following is a report on Dry Bulk Shipping Rates for 1/30/09. 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 30, 2009
Baltic Dry Index ( BDI ) - 1070 Up 34
Spot 4 - TC Average - 17410 Up 140
Baltic Cape Index ( BCI ) - 1981 Up 9
Baltic Panamax Index ( BPI ) - 795 Up 76
Supramax Index ( BSI ) - 512 Up 24
Past Bulk Shipping Rates
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