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 22, 2011
Baltic Dry Index ( BDI ) - 1323 Down 2
Baltic Cape Index ( BCI ) - 1841 Down 1
Baltic Panamax Index ( BPI ) - 1535 Up 1
Supramax Index ( BSI ) - 1271 Up 1
Below these are the Top Shipping Stocks Performance of the day Stocks July 22, 2011.
Ticker Company Change
SHIPD Seanergy Maritime Holdings Corp 21.41%
TMM Grupo TMM S.A.B. 14.71%
BHO B+H Ocean Carriers Ltd. 9.36%
TOPSD TOP Ships Inc. 5.83%
HOS Hornbeck Offshore Services, Inc. 5.67%
TRBR Trailer Bridge Inc. 2.16%
TNK Teekay Tankers Ltd. 1.86%
ESEA Euroseas, Ltd. 1.62%
OSG Overseas Shipholding Group Inc. 1.52%
TBSI TBS International Plc 1.52%
TRMD TORM A/S 1.37%
CKH Seacor Holdings Inc. 1.24%
TOO Teekay Offshore Partners LP 1.15%
GLNG Golar LNG Ltd. 0.79%
TDW Tidewater Inc. 0.76%
CPLP Capital Product Partners L.P. 0.58%
NAT Nordic American Tanker Shipping Ltd. 0.32%
KEX Kirby Corporation 0.29%
GLBS Globus Maritime Ltd. 0.28%
TGP Teekay LNG Partners LP. 0.26%
TNP Tsakos Energy Navigation Ltd. 0.21%
TEU Box Ships Inc. Common Shares 0.18%
GMLP Golar LNG Partners LP 0.18%
SFL Ship Finance International Limited 0.18%
VLCCF Knightsbridge Tankers Limited 0.00%
ONAV Omega Navigation Enterprises, Inc. 0.00%
CMRE Costamare Inc. -0.06%
ISH International Shipholding Corp. -0.19%
SSW Seaspan Corp. -0.21%
FRO Frontline Ltd. -0.25%
ALEX Alexander & Baldwin, Inc. -0.28%
CRU Crude Carriers Corp. -0.32%
DCIX Diana Containerships Inc. -0.43%
TK Teekay Corporation -0.44%
DHT DHT Holdings, Inc. -0.51%
NM Navios Maritime Holdings Inc. -0.82%
PRGN Paragon Shipping Inc. -1.08%
GSL Global Ship Lease, Inc. -1.20%
STNG Scorpio Tankers Inc. -1.43%
GMR General Maritime Corp. -1.64%
HRZ Horizon Lines, Inc. -1.71%
OCNFD OceanFreight, Inc. -2.08%
GASS StealthGas, Inc. -2.11%
DRYS DryShips, Inc. -2.48%
NMM Navios Maritime Partners L.P. -2.79%
SBLK Star Bulk Carriers Corp. -2.92%
GNK Genco Shipping & Trading Ltd. -2.97%
EGLE Eagle Bulk Shipping, Inc. -3.31%
RLOG Rand Logistics, Inc. -3.47%
EXM Excel Maritime Carriers, Ltd. -3.53%
ULTR Ultrapetrol (Bahamas) Ltd. -3.73%
SB Safe Bulkers, Inc. -3.99%
FREE FreeSeas Inc. -4.21%
BALT Baltic Trading Limited -4.95%
DSX Diana Shipping Inc. -5.07%
DAC Danaos Corporation -6.26%
NEWL NewLead Holdings Ltd. -9.52%
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