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Thursday, July 16, 2009

Baltic Dry Index Shipping Rates 7/16/09 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 economy has come to a screeching halt
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Dry Bulk Shipping Rates - July 16, 2009 - BDI Up 3 Straight Days

Baltic Dry Index ( BDI ) - 3501 Up 177
Baltic Cape Index ( BCI ) - 5916 Up 367
Panamax Index ( BPI ) - 3255 Up 114
Supramax Index ( BSI ) - 2016 Up 63
Past Bulk Shipping Rates

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