Baltic Dry Index Shipping Rates 7/2/09 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 - July 2, 2009 - BDI Down 2 Straight Days

Baltic Dry Index ( BDI ) - 3672 Down 70
Baltic Cape Index ( BCI ) - 6848 Down 274
Panamax Index ( BPI ) - 3059 Up 75
Supramax Index ( BSI ) - 1709 Up 6
Past Bulk Shipping

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