Baltic Dry Index Shipping Rates 8/12/09 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 - August 12, 2009 - BDI Down 10 Straight Days

Baltic Dry Index ( BDI ) - 2612 Down 11
Baltic Cape Index ( BCI ) - 4333 Up 41
Index ( BPI ) - 2325 Down 53
Supramax Index ( BSI ) - 1700 Down 36
Past Bulk Shipping Rates

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