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Monday, December 28, 2009

Baltic Dry Index Shipping Rates 12/28/09 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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Closed Until 1/4/10

Dry Bulk Shipping Rates - December 28, 2009 - BDI Down 14 Straight Days

Baltic Dry Index ( BDI ) - 3005 Down 18
Baltic Cape Index ( BCI ) - 3887 Down 30
Baltic Panamax Index ( BPI ) - 3567 Up 23
Supramax Index ( BSI ) - 2224 Down 22
Past Bulk Shipping Rates

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