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Monday, June 29, 2009

Baltic Dry Index Shipping Rates 6/29/09 BDI

The BDI 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 ), Paragon Shipping Inc. ( PRGN ), Star Bulk Carriers Corp. ( SBLK ), 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 - June 29, 2009

Baltic Dry Index ( BDI ) - 3734 Up 31
Baltic Cape Index ( BCI ) - 7216 Up 110
Panamax Index ( BPI ) - 2837 Up 20
Supramax Index ( BSI ) - 1715 Down 19
Past Bulk Shipping

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