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Thursday, August 5, 2010

Baltic Dry Index Shipping Rates 8/5/10 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 - August 5, 2010

Baltic Dry Index ( BDI ) - 1978 Up 21
Baltic Cape Index ( BCI ) - 2029 Up 90
Baltic Panamax Index ( BPI ) - 2567 Down 40
Supramax Index ( BSI ) - 1734 Down 4

Past Bulk Shipping Rates

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