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Wednesday, March 18, 2009

Baltic Dry Index Shipping Rates 3/18/09 BDI

The following is a report on Dry Bulk Shipping Rates for 3/18/09. 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 18, 2009 - Down 6 Straight Days

Baltic Dry Index ( BDI ) - 1861 Down 113
Spot 4 - TC Average - 19702 Down 1210
Baltic Cape Index ( BCI ) - 2157 Down 94
Baltic Panamax Index ( BPI ) - 1660 Down 239
Supramax Index ( BSI ) - 1632 Down 41
Past Bulk Shipping Rates

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