Baltic Dry Index Shipping Rates 2/16/09 BDI

The following is a report on Dry Bulk Shipping Rates for 2/16/09. 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 - February 16, 2009 - Down 3 Straight Days

Baltic Dry Index ( BDI ) - 1846 Down 62
Spot 4 - TC Average - 31370 Down 2057
Baltic Cape Index ( BCI ) - 3170 Down 165
Baltic Panamax Index ( BPI ) - 1335 Down 64
Supramax Index ( BSI ) - 1209 Up 19
Past Bulk Shipping Rates

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