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Monday, March 22, 2010

Baltic Dry Index Shipping Rates 3/22/10 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 - March 22, 2010 - BDI Down 5 Straight Days

Baltic Dry Index ( BDI ) - 3337 Down 42
Baltic Cape Index ( BCI ) - 3390 Down 132
Baltic Panamax Index ( BPI ) - 4356 Up 12
Supramax Index ( BSI ) - 2918 Down 11
Past Bulk Shipping Rates

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