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Tuesday, December 22, 2009

Baltic Dry Index Shipping Rates 12/22/09 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 - December 22, 2009 - BDI Down 12 Straight Days

Baltic Dry Index ( BDI ) - 3063 Down 91
Baltic Cape Index ( BCI ) - 4041 Down 243
Baltic Panamax Index ( BPI ) - 3498 Up 38
Supramax Index ( BSI ) - 2264 Down 33
Past Bulk Shipping Rates

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