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Thursday, August 27, 2009

Baltic Dry Index Shipping Rates 8/27/09 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 - August 27, 2009 - BDI Down 1 Straight Day

Baltic Dry Index ( BDI ) - 2425 Down 2
Baltic Cape Index ( BCI ) - 4002 Down 24
Index ( BPI ) - 2093 Up 8
Supramax Index ( BSI ) - 1752 Up 3
Past Bulk Shipping Rates

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