3.85%C 7.22 11.94%GE 17.61 13.61%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
NEW YORK - Shares of drybulk shippers followed the broader market lower, as investors pulled back on news of surging wholesale prices and a drop in housing starts.
The Baltic Dry Index, which measures rates on 40 shipping routes, fell 79 points to 7543. The day rate for an average-sized vessel is around $52,000. That compares with rates close to $80,000 last month.
Diana Shipping shares lost $1.34, or 4.6 percent, to $28.07 in morning trading. Eagle Bulk Shipping fell $1.24, or 4.4 percent, to $27.10. Dryships gave up $2.17, or 2.8 percent, to $74.58. Aries Maritime rose 8 cents, or 2.6 percent, to $3.16.
U.S. stocks made early gains on Tuesday, a day after the Dow Jones Industrial Average recorded its fourth-biggest point drop on record, as invest...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
Georgia Republican Sen. Saxby Chambliss handed the GOP a firewall against Democrats eager to flex their newfound political muscle in Washington, ...
Building your business and corporate credit for your small business.
Baldwin Linguas:
Translations Interpreting Localization:
English French Portuguese Spanish
Get your next web design project done with our los angeles web design team - Best web design with great price.
Partners   
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
0.71
-0.07
