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- July 12, 2011
Baltic Dry Index ( BDI ) - 1411 Down 26
Baltic Cape Index ( BCI ) - 2022 Down 62
Baltic Panamax Index ( BPI ) - 1677 Down 15
Supramax Index ( BSI ) - 1270 Down 3
Below these are the Top Shipping Stocks Performance of the day Stocks July 12, 2011.
Ticker Company Change
GMR General Maritime Corp. 11.43%
TBSI TBS International Plc 4.09%
PRGN Paragon Shipping Inc. 2.58%
HRZ Horizon Lines, Inc. 1.80%
ULTR Ultrapetrol (Bahamas) Ltd. 1.02%
ESEA Euroseas, Ltd. 0.93%
GMLP Golar LNG Partners LP 0.83%
CRU Crude Carriers Corp. 0.82%
FRO Frontline Ltd. 0.81%
SFL Ship Finance International Limited 0.68%
CPLP Capital Product Partners L.P. 0.66%
OSG Overseas Shipholding Group Inc. 0.58%
GASS StealthGas, Inc. 0.48%
VLCCF Knightsbridge Tankers Limited 0.32%
GNK Genco Shipping & Trading Ltd. 0.28%
DHT DHT Holdings, Inc. 0.27%
NM Navios Maritime Holdings Inc. 0.20%
TK Teekay Corporation 0.20%
DSX Diana Shipping Inc. 0.09%
EGLE Eagle Bulk Shipping, Inc. 0.00%
EXM Excel Maritime Carriers, Ltd. 0.00%
BHO B+H Ocean Carriers Ltd. 0.00%
NEWL NewLead Holdings Ltd. 0.00%
OCNF OceanFreight, Inc. 0.00%
TMM Grupo TMM S.A.B. 0.00%
STNG Scorpio Tankers Inc. 0.00%
TRBR Trailer Bridge Inc. 0.00%
OCNFD OceanFreight, Inc. -0.03%
TNP Tsakos Energy Navigation Ltd. -0.04%
TNK Teekay Tankers Ltd. -0.05%
HOS Hornbeck Offshore Services, Inc. -0.14%
CKH Seacor Holdings Inc. -0.15%
TOPSD TOP Ships Inc. -0.25%
SB Safe Bulkers, Inc. -0.27%
GLBS Globus Maritime Ltd. -0.29%
TDW Tidewater Inc. -0.30%
NAT Nordic American Tanker Shipping Ltd. -0.32%
KEX Kirby Corporation -0.38%
TEU Box Ships Inc. Common Shares -0.40%
TGP Teekay LNG Partners LP. -0.42%
DRYS DryShips, Inc. -0.50%
TOO Teekay Offshore Partners LP -0.53%
RLOG Rand Logistics, Inc. -0.55%
CMRE Costamare Inc. -0.59%
ISH International Shipholding Corp. -0.70%
ALEX Alexander & Baldwin, Inc. -0.82%
BALT Baltic Trading Limited -0.95%
GLNG Golar LNG Ltd. -1.08%
NMM Navios Maritime Partners L.P. -1.14%
DAC Danaos Corporation -1.15%
DCIX Diana Containerships Inc. -1.15%
GSL Global Ship Lease, Inc. -1.34%
SSW Seaspan Corp. -1.41%
TRMD TORM A/S -1.99%
SBLK Star Bulk Carriers Corp. -2.07%
ONAV Omega Navigation Enterprises, Inc. -2.45%
FREE FreeSeas Inc. -3.24%
SHIPD Seanergy Maritime Holdings Corp -12.05%
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