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Friday, January 29, 2010

Baltic Dry Index Shipping Rates 1/29/10 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 - January 29, 2010 - BDI Down 4 Straight Days

Baltic Dry Index ( BDI ) - 2848 Down 115
Baltic Cape Index ( BCI ) - 3494 Down 212
Baltic Panamax Index ( BPI ) - 3420 Down 103
Supramax Index ( BSI ) - 2271 Down 42
Past Bulk Shipping Rates

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