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Monday, November 16, 2009

Baltic Dry Index Shipping Rates 11/16/09 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 - November 16, 2009 - BDI Up 12 Straight Days

Baltic Dry Index ( BDI ) - 4220 Up 109
Baltic Cape Index ( BCI ) - 7326 Up 143
Baltic Panamax Index ( BPI ) - 4091 Up 113
Supramax Index ( BSI ) - 2257 Up 110
Past Bulk Shipping Rates

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