The following is a report on Dry Bulk Shipping Rates for 5/7/09. 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!
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Dry Bulk Shipping Rates - May 7, 2009 - Up 5 Straight Days
Baltic Dry Index ( BDI ) - 2194 Up 129
Baltic Cape Index ( BCI ) - 3046 Up 178
Baltic Panamax Index ( BPI ) - 2084 Up 189
Supramax Index ( BSI ) - 1497 Up 49
Past Bulk Shipping
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