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BDI Sheds 7

Maritime Activity Reports, Inc.

January 23, 2001

The Baltic Dry Index (BDI) dipped seven points to 1,552, the Baltic Panamax Index (BPI) gained two points to 1,643, the Baltic Handymax Index (BHI) fell 44 points to 8,954 and the Baltic Capesize Index (BCI) was down 17 points to 2,018.