The following is a report on Dry Bulk Shipping Rates for 5/5/09. 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!
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Dry Bulk Shipping Rates - May 5, 2009 - Up 3 Straight Days
Baltic Dry Index ( BDI ) - 1897 Up 91
Baltic Cape Index ( BCI ) - 2528 Up 152
Baltic Panamax Index ( BPI ) - 1702 Up 146
Supramax Index ( BSI ) - 1430
Past Bulk Shipping
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