The BDI data is critical for all the DryBulk Shipping stocks. The Baltic Dry Index (BDI) is a number issued daily by the London-based Baltic Exchange. Not restricted to Baltic Sea countries, the index tracks worldwide international shipping prices of various dry bulk cargoes.The BDI is one of the purest leading indicators of economic activity. It measures the demand to move raw materials and precursors to production, as well as the supply of ships available to move this cargo. Consumer spending and other economic indicators are backward looking, meaning they examine what has already occurred. The BDI offers a real time glimpse at global raw material and infrastructure demand. Unlike stock and commodities markets, the Baltic Dry Index is totally devoid of speculative players.
Dry Bulk Shipping Rates- June 10, 2011
Baltic Dry Index ( BDI ) - 1418 Down 10
Baltic Cape Index ( BCI ) - 1735 Down 32
Baltic Panamax Index ( BPI ) - 1927 Up 24
Supramax Index ( BSI ) - 1348 Down 7
Below these are the Top Shipping Stocks Performance of the day Stocks June 09, 2011.
Ticker Company Change
HRZ Horizon Lines, Inc. 10.38%
TRBR Trailer Bridge Inc. 8.59%
GSL Global Ship Lease, Inc. 3.91%
TOO Teekay Offshore Partners LP 3.89%
NMM Navios Maritime Partners L.P. 3.27%
DHT DHT Holdings, Inc. 2.82%
RLOG Rand Logistics, Inc. 2.80%
EXM Excel Maritime Carriers, Ltd. 2.67%
TNK Teekay Tankers Ltd. 2.48%
CPLP Capital Product Partners L.P. 2.12%
ESEA Euroseas, Ltd. 2.10%
SB Safe Bulkers, Inc. 1.98%
GLNG Golar LNG Ltd. 1.97%
HOS Hornbeck Offshore Services, Inc. 1.87%
TGP Teekay LNG Partners LP. 1.87%
OSG Overseas Shipholding Group Inc. 1.76%
FRO Frontline Ltd. 1.71%
DSX Diana Shipping Inc. 1.58%
TDW Tidewater Inc. 1.56%
NM Navios Maritime Holdings Inc. 1.44%
CRU Crude Carriers Corp. 1.41%
CKH Seacor Holdings Inc. 1.40%
SFL Ship Finance International Limited 1.24%
SBLK Star Bulk Carriers Corp. 0.99%
PRGN Paragon Shipping Inc. 0.99%
STNG Scorpio Tankers Inc. 0.93%
TNP Tsakos Energy Navigation Ltd. 0.50%
ALEX Alexander & Baldwin, Inc. 0.46%
BALT Baltic Trading Limited 0.16%
TK Teekay Corporation 0.03%
ULTR Ultrapetrol (Bahamas) Ltd. 0.00%
GASS StealthGas, Inc. 0.00%
FREE FreeSeas Inc. 0.00%
NEWL NewLead Holdings Ltd. 0.00%
KEX Kirby Corporation -0.04%
ISH International Shipholding Corp. -0.05%
GMLP Golar LNG Partners LP -0.07%
CMRE Costamare Inc. -0.12%
NAT Nordic American Tanker Shipping Ltd. -0.22%
KSP K-SEA Transportation Partners LP -0.25%
VLCCF Knightsbridge Tankers Limited -0.25%
EGLE Eagle Bulk Shipping, Inc. -0.40%
GNK Genco Shipping & Trading Ltd. -0.47%
GLBS Globus Maritime Ltd. -0.86%
TEU BOX SHIPS INC. -1.19%
SSW Seaspan Corp. -1.34%
DRYS DryShips, Inc. -1.60%
TBSI TBS International Plc -2.22%
DCIX Diana Containerships Inc. -2.69%
OCNF OceanFreight, Inc. -2.78%
TRMD TORM A/S -3.01%
BHO B+H Ocean Carriers Ltd. -5.92%
GMR General Maritime Corp. -6.10%
TMM Grupo TMM S.A.B. -6.38%
TOPS Top Ships Inc. -6.78%
DAC Danaos Corporation -6.87%
ONAV Omega Navigation Enterprises, Inc. -11.11%
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