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- August 04, 2011
Baltic Dry Index ( BDI ) - 1268 Up 12
Baltic Cape Index ( BCI ) - 1807 Up 32
Baltic Panamax Index ( BPI ) - 1475 Down 6
Supramax Index ( BSI ) - 1253 Up 1
Below these are the Top Shipping Stocks Performance of the day Stocks August 04, 2011.
Ticker Company Change
OSG Overseas Shipholding Group Inc. 4.57%
STNG Scorpio Tankers Inc. 2.47%
SB Safe Bulkers, Inc. 0.29%
SHIP Seanergy Maritime Holdings Corp. 0.24%
OCNFD OceanFreight, Inc. 0.12%
GLBS Globus Maritime Ltd. -0.78%
ISH International Shipholding Corp. -1.06%
SHIPD Seanergy Maritime Holdings Corp -2.73%
CMRE Costamare Inc. -3.39%
TRBR Trailer Bridge Inc. -4.11%
TNP Tsakos Energy Navigation Ltd. -4.60%
SBLK Star Bulk Carriers Corp. -4.64%
ALEX Alexander & Baldwin, Inc. -4.93%
VLCCF Knightsbridge Tankers Limited -5.07%
TK Teekay Corporation -5.21%
NAT Nordic American Tanker Shipping Ltd. -5.33%
BALT Baltic Trading Limited -5.49%
TGP Teekay LNG Partners LP. -5.53%
ESEA Euroseas, Ltd. -5.75%
TDW Tidewater Inc. -5.78%
KEX Kirby Corporation -5.88%
FREE FreeSeas Inc. -5.95%
DRYS DryShips, Inc. -6.27%
TBSI TBS International Plc -6.34%
CKH Seacor Holdings Inc. -6.41%
GMLP Golar LNG Partners LP -6.85%
DSX Diana Shipping Inc. -6.88%
CRU Crude Carriers Corp. -6.99%
TOO Teekay Offshore Partners LP -7.28%
GSL Global Ship Lease, Inc. -7.34%
DCIX Diana Containerships Inc. -7.48%
TNK Teekay Tankers Ltd. -7.81%
RLOG Rand Logistics, Inc. -7.98%
DHT DHT Holdings, Inc. -8.16%
HRZ Horizon Lines, Inc. -8.33%
TEU Box Ships Inc. Common Shares -8.63%
TOPS Top Ships Inc. -8.88%
CPLP Capital Product Partners L.P. -9.28%
ULTR Ultrapetrol (Bahamas) Ltd. -9.29%
SFL Ship Finance International Limited -9.36%
GLNG Golar LNG Ltd. -9.51%
NMM Navios Maritime Partners L.P. -9.61%
EXM Excel Maritime Carriers, Ltd. -9.79%
NEWL NewLead Holdings Ltd. -10.45%
FRO Frontline Ltd. -10.52%
GASS StealthGas, Inc. -10.83%
PRGN Paragon Shipping Inc. -11.25%
DAC Danaos Corporation -11.27%
NM Navios Maritime Holdings Inc. -11.31%
GNK Genco Shipping & Trading Ltd. -11.83%
SSW Seaspan Corp. -12.24%
TMM Grupo TMM S.A.B. -12.90%
TRMD TORM A/S -13.08%
EGLE Eagle Bulk Shipping, Inc. -14.88%
GMR General Maritime Corp. -18.58%
BHO B+H Ocean Carriers Ltd. -21.61%
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