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Tuesday, May 19, 2009

Baltic Dry Index Shipping Rates 5/19/09 BDI

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 19, 2009 - Up 13 Straight Days

Baltic Dry Index ( BDI ) - 2644 Up 39
Baltic Cape Index ( BCI ) - 3661 Up 61
Baltic Panamax Index ( BPI ) - 2530 Up 14
Supramax Index ( BSI ) - 1834 Up 48
Past Bulk Shipping

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