Many people find StockRake.com by way of looking for Dry Shipping stock information. I thought it would benefit those searchers if I provided a little more comprehensive information than just a single recap post that mentions the Dry Bulk Stocks and it isn’t very comprehensive.

Understanding how these Dry shipping companies make money is quite easy. They have day rates similar to renting a car, where a company who needs dry goods like coal or bauxite shipped to them somewhere in the world, lets say China, pays a daily rate. That daily rate is calculated in the form of the Baltic Dry Index. You can see the daily rate right on DryShips website or on Bloomberg. If your data vendor has access you can track the index in realtime under symbol: BDIY:IND. So goes the BDIY so goes the Dry Bulk shipping stocks earnings. If you want more boring information about the Baltic Index check out Wikipedia.

Many moons ago I posted about DRYS, which is Dry Shippers, probably the most popular Dry Bulk Shipper amongst traders. I was probably one of the first bloggers to even mention the Dry Shipping stocks way before their move with my first entry into EXM in 2005 and in DRYS in the chart below at 13 bucks on August 8th 2006.

Here is the list if you want to know which symbols are in this sector:

Primarily Dry Bulk Shipping Stocks
DRYS
EXM
TBSI
EGLE
PRGN
OCNF
NMM
DSX
GNK
NM
DHT
SBLK
FREE
SB

Dry Bulk ETF
SEA

Hybrid Shippers (Shipping Oil and other fuels as well as Dry Bulk)
DHT
FRO
GMR

Thanks for reading

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