Baltic Dry Index Shipping Rates 3/16/09 BDI

The following is a report on Dry Bulk Shipping Rates for 3/16/09. 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 - March 16, 2009 - Down 4 Straight Days

Baltic Dry Index ( BDI ) - 2058 Down 64
Spot 4 - TC Average - 22422 Down 1112
Baltic Cape Index ( BCI ) - 2365 Down 89
Baltic Panamax Index ( BPI ) - 2045 Down 113
Supramax Index ( BSI ) - 1694 Down 16
Past Bulk Shipping Rates

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