The following is a report on Dry Bulk Shipping Rates for 5/12/09. This data is critical for how the DryBulk Shipping Stocks such as DryShips Inc ( DRYS ), Excel Maritime Carriers Ltd( EXM ), Diana Shipping Inc ( DSX ), Genco Shipping & Trading Limited ( GNK ), TBS International Limited ( TBSI ), Navios Maritime ( NM ), Eagle Bulk Shipping Inc. ( EGLE ), and OceanFreight Inc ( 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!
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Dry Bulk Shipping Rates - May 12, 2009 - Up 8 Straight Days
Baltic Dry Index ( BDI ) - 2253 Up 38
Baltic Cape Index ( BCI ) - 2988 Up 75
Baltic Panamax Index ( BPI ) - 2158 Up 11
Supramax Index ( BSI ) - 1639 Up 28
Past Bulk Shipping
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