The following is a report on Dry Bulk Shipping Rates for 2/04/09. 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 4, 2009
Baltic Dry Index ( BDI ) - 1316 Up 168
Spot 4 - TC Average - 21810 Up 3204
Baltic Cape Index ( BCI ) - 2380 Up 287
Baltic Panamax Index ( BPI ) - 1000 Up 119
Supramax Index ( BSI ) - 681 Up 125
Past Bulk Shipping Rates
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