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Tuesday, March 17, 2009

Baltic Dry Index Shipping Rates 3/17/09 BDI

The following is a report on Dry Bulk Shipping Rates for 3/17/09. 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 17, 2009 - Down 5 Straight Days

Baltic Dry Index ( BDI ) - 1974 Down 84
Spot 4 - TC Average - 20912 Down 1510
Baltic Cape Index ( BCI ) - 2251 Down 114
Baltic Panamax Index ( BPI ) - 1899 Down 146
Supramax Index ( BSI ) - 1673 Down 21
Past Bulk Shipping Rates

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