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 12, 2011
Baltic Dry Index ( BDI ) - 1287 Up 10
Baltic Cape Index ( BCI ) - 1851 Up 15
Baltic Panamax Index ( BPI ) - 1520 Up 19
Supramax Index ( BSI ) - 1255 Up 9
Below these are the Top Shipping Stocks Performance of the day Stocks August 15, 2011.
Ticker Company Change
CPLP Capital Product Partners L.P. 18.35%
DRYS DryShips, Inc. 15.44%
GMR General Maritime Corp. 13.21%
GSL Global Ship Lease, Inc. 12.81%
OCNF OceanFreight, Inc. 9.60%
STNG Scorpio Tankers Inc. 9.48%
TMM Grupo TMM S.A.B. 8.57%
VLCCF Knightsbridge Tankers Limited 7.73%
SFL Ship Finance International Limited 7.16%
SSW Seaspan Corp. 5.13%
EXM Excel Maritime Carriers, Ltd. 4.86%
DAC Danaos Corporation 4.83%
TRMD TORM A/S 4.71%
CRU Crude Carriers Corp. 4.70%
ISH International Shipholding Corp. 4.68%
CMRE Costamare Inc. 4.14%
FREE FreeSeas Inc. 4.03%
DHT DHT Holdings, Inc. 3.92%
TGP Teekay LNG Partners LP. 3.83%
GLBS Globus Maritime Ltd. 3.79%
NAT Nordic American Tanker Shipping Ltd. 3.74%
CKH Seacor Holdings Inc. 3.45%
TEU Box Ships Inc. Common Shares 3.37%
TK Teekay Corporation 3.35%
GLNG Golar LNG Ltd. 2.87%
SB Safe Bulkers, Inc. 2.82%
TDW Tidewater Inc. 2.72%
SBLK Star Bulk Carriers Corp. 2.65%
ESEA Euroseas, Ltd. 2.62%
FRO Frontline Ltd. 2.59%
TOO Teekay Offshore Partners LP 2.55%
NMM Navios Maritime Partners L.P. 2.53%
KEX Kirby Corporation 2.35%
OSG Overseas Shipholding Group Inc. 2.19%
TOPS Top Ships Inc. 1.92%
DSX Diana Shipping Inc. 1.86%
GASS StealthGas, Inc. 1.66%
TNP Tsakos Energy Navigation Ltd. 1.43%
PRGN Paragon Shipping Inc. 1.35%
ALEX Alexander & Baldwin, Inc. 1.27%
DCIX Diana Containerships Inc. 0.98%
GNK Genco Shipping & Trading Ltd. 0.78%
TNK Teekay Tankers Ltd. 0.72%
EGLE Eagle Bulk Shipping, Inc. 0.54%
ULTR Ultrapetrol (Bahamas) Ltd. 0.51%
BALT Baltic Trading Limited 0.44%
GMLP Golar LNG Partners LP -0.39%
RLOG Rand Logistics, Inc. -1.43%
HRZ Horizon Lines, Inc. -2.22%
BHO B+H Ocean Carriers Ltd. -4.04%
NM Navios Maritime Holdings Inc. -5.59%
TBSI TBS International Plc -7.48%
SHIP Seanergy Maritime Holdings Corp. -8.81%
TRBR Trailer Bridge Inc. -10.00%
NEWL NewLead Holdings Ltd. -12.37%
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