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Thursday, October 29, 2009

Baltic Dry Index Shipping Rates 10/29/09 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 trade has come to a screeching halt
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Dry Bulk Shipping Rates - October 29, 2009 - BDI Up 1 Straight Day

Baltic Dry Index ( BDI ) - 3013 Up 27
Baltic Cape Index ( BCI ) - 4776 Up 111
Index ( BPI ) - 3101 Down 6
Supramax Index ( BSI ) - 1825 Down 8
Past Bulk Shipping Rates

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