The following is a report on Dry Bulk Shipping Rates for 1/23/09. This data is critical for how the DryBulk Shipping Stocks such as DryShips ( DRYS ), Excel Maritime Carriers ( EXM ), Diana Shipping ( DSX ), Genco Shipping ( GNX ), TBS International ( TBSI ), Navios Maritime ( NM ), and OceanFreight ( 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 economy has come to a screeching halt.
http://dryindex.com/
Dry Bulk Shipping Rates - January 23, 2009
Baltic Dry Index ( BDI ) - 980 Up 35
Spot 4 - TC Average - 17894 Up 1223
Baltic Cape Index ( BCI ) - 2032 Up 93
Baltic Panamax Index ( BPI ) - 531 Up 18
Supramax Index ( BSI ) - 443 Up 7
Past Bulk Shipping Rates
For More Stock Market Updates, visit , http://daytradingstockblog.blogspot.com/ or Subscribe for FREE