if your not worried yet... you should be, page-9

Makes for an interesting read:

http://www.google.com.au/url?sa=t&rct=j&q=baltic%20dry%20index%20no%20longer%20a%20reliable%20indicator&source=web&cd=1&sqi=2&ved=0CFsQFjAA&url=http%3A%2F%2Farticles.businessinsider.com%2F2012-01-29%2Fmarkets%2F30675248_1_shipping-costs-baltic-dry-index-demand&ei=GIepT9DVEojNmQWquYHOBg&usg=AFQjCNEj13NsVfIG31GnptjhXbX9AyefKg