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Friday, November 20, 2009

Baltic Dry Index Shipping Rates 11/20/09 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 20, 2009 - BDI Down 1 Straight Day

Baltic Dry Index ( BDI ) - 4507 Down 154
Baltic Cape Index ( BCI ) - 7542 Down 514
Baltic Panamax Index ( BPI ) - 4424 Down 29
Supramax Index ( BSI ) - 2487 Up 15

Past Bulk Shipping Rates

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