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 22, 2011
Baltic Dry Index ( BDI ) - 1406 Down 3
Baltic Cape Index ( BCI ) - 1859 Up 24
Baltic Panamax Index ( BPI ) - 1820 Down 30
Supramax Index ( BSI ) - 1319 Up 1
Below these are the Top Shipping Stocks Performance of the day Stocks June 09, 2011.
Ticker Company Change
OCNF OceanFreight, Inc. 12.90%
NEWL NewLead Holdings Ltd. 5.35%
PRGN Paragon Shipping Inc. 5.29%
HRZ Horizon Lines, Inc. 4.67%
HOS Hornbeck Offshore Services, Inc. 4.41%
SB Safe Bulkers, Inc. 3.57%
ISH International Shipholding Corp. 3.53%
GLNG Golar LNG Ltd. 3.32%
SBLK Star Bulk Carriers Corp. 2.91%
VLCCF Knightsbridge Tankers Limited 2.84%
TNK Teekay Tankers Ltd. 2.71%
GSL Global Ship Lease, Inc. 2.62%
NMM Navios Maritime Partners L.P. 2.59%
FRO Frontline Ltd. 2.31%
OSG Overseas Shipholding Group Inc. 2.29%
STNG Scorpio Tankers Inc. 2.27%
GMLP Golar LNG Partners LP 2.17%
ALEX Alexander & Baldwin, Inc. 2.13%
ONAV Omega Navigation Enterprises, Inc. 2.13%
CPLP Capital Product Partners L.P. 2.01%
TGP Teekay LNG Partners LP. 1.96%
DRYS DryShips, Inc. 1.76%
EGLE Eagle Bulk Shipping, Inc. 1.72%
GASS StealthGas, Inc. 1.63%
NAT Nordic American Tanker Shipping Ltd. 1.62%
DHT DHT Holdings, Inc. 1.60%
TRMD TORM A/S 1.52%
DSX Diana Shipping Inc. 1.38%
DAC Danaos Corporation 1.36%
KEX Kirby Corporation 1.31%
SSW Seaspan Corp. 1.31%
DCIX Diana Containerships Inc. 1.14%
BHO B+H Ocean Carriers Ltd. 1.14%
CRU Crude Carriers Corp. 1.13%
TDW Tidewater Inc. 1.06%
CKH Seacor Holdings Inc. 1.02%
TOO Teekay Offshore Partners LP 1.00%
TNP Tsakos Energy Navigation Ltd. 0.99%
ESEA Euroseas, Ltd. 0.69%
CMRE Costamare Inc. 0.55%
BALT Baltic Trading Limited 0.49%
SFL Ship Finance International Limited 0.46%
NM Navios Maritime Holdings Inc. 0.41%
GNK Genco Shipping & Trading Ltd. 0.40%
TK Teekay Corporation 0.38%
KSP K-SEA Transportation Partners LP 0.25%
GMR General Maritime Corp. 0.00%
TEU Box Ships Inc. Common Shares 0.00%
ULTR Ultrapetrol (Bahamas) Ltd. 0.00%
TRBR Trailer Bridge Inc. 0.00%
RLOG Rand Logistics, Inc. -1.60%
EXM Excel Maritime Carriers, Ltd. -1.63%
TMM Grupo TMM S.A.B. -2.33%
TBSI TBS International Plc -4.50%
FREE FreeSeas Inc. -4.71%
TOPS Top Ships Inc. -5.00%
GLBS Globus Maritime Ltd. -9.00%
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