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 - July 1, 2009 - BDI Down 1 Straight Day
Baltic Dry Index ( BDI ) - 3742 Down 15
Baltic Cape Index ( BCI ) - 7122 Down 119
Panamax Index ( BPI ) - 2984 Up 80
Supramax Index ( BSI ) - 1703 Up 2
Past Bulk Shipping
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