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Monday, November 9, 2009

Baltic Dry Index Shipping Rates 11/9/09 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 trade has come to a screeching halt
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Dry Bulk Shipping Rates - November 9, 2009 - BDI Up 7 Straight Days

Baltic Dry Index ( BDI ) - 3480 Up 87
Baltic Cape Index ( BCI ) - 5764 Up 181
Baltic Panamax Index ( BPI ) - 3612 Up 56
Supramax Index ( BSI ) - 1917 Up 29
Past Bulk Shipping Rates

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