The following is a report on Dry Bulk Shipping Rates for 3/31/09. 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 31, 2009 - Down 15 Straight Days
Baltic Dry Index ( BDI ) - 1615 Down 31
Spot 4 - TC Average - 18062 Down 196
Baltic Cape Index ( BCI ) - 2066 Down 12
Baltic Panamax Index ( BPI ) - 1374 Down 60
Supramax Index ( BSI ) - 1288 Down 25
Past Bulk Shipping Rates
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