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- September 01, 2011
Baltic Dry Index ( BDI ) - 1682 Up 63
Baltic Cape Index ( BCI ) - 2807 Up 209
Baltic Panamax Index ( BPI ) - 1624 Down 4
Supramax Index ( BSI ) - 1380 Down 2
Below these are the Top Shipping Stocks Performance of the day Stocks September 01, 2011.
Ticker Company Change
GLBS Globus Maritime Ltd. 12.68%
SHIP Seanergy Maritime Holdings Corp. 5.68%
HRZ Horizon Lines, Inc. 5.45%
NEWL NewLead Holdings Ltd. 4.88%
DRYS DryShips, Inc. 3.73%
TOPS Top Ships Inc. 3.28%
PRGN Paragon Shipping Inc. 3.01%
SBLK Star Bulk Carriers Corp. 2.82%
DCIX Diana Containerships Inc. 2.56%
ESEA Euroseas, Ltd. 1.37%
NNA Navios Maritime Acquisition Corporation 1.19%
TBSI TBS International Plc 1.08%
GMLP Golar LNG Partners LP 0.31%
TEU Box Ships Inc. Common Shares 0.31%
NM Navios Maritime Holdings Inc. 0.26%
FREE FreeSeas Inc. 0.00%
SB Safe Bulkers, Inc. -0.29%
TDW Tidewater Inc. -0.32%
DSX Diana Shipping Inc. -0.55%
GNK Genco Shipping & Trading Ltd. -0.56%
SSW Seaspan Corp. -0.58%
NAT Nordic American Tanker Shipping Ltd. -0.67%
CKH Seacor Holdings Inc. -0.71%
DAC Danaos Corporation -0.77%
KEX Kirby Corporation -0.84%
TOO Teekay Offshore Partners LP -0.86%
TGP Teekay LNG Partners LP. -1.10%
CMRE Costamare Inc. -1.21%
VLCCF Knightsbridge Tankers Limited -1.23%
ALEX Alexander & Baldwin, Inc. -1.41%
ISH International Shipholding Corp. -1.48%
GLNG Golar LNG Ltd. -1.70%
TMM Grupo TMM S.A.B. -1.73%
OCNF OceanFreight, Inc. -2.02%
TK Teekay Corporation -2.32%
GASS StealthGas, Inc. -2.35%
GMR General Maritime Corp. -2.44%
GSL Global Ship Lease, Inc. -2.46%
BALT Baltic Trading Limited -2.53%
SFL Ship Finance International Limited -2.58%
STNG Scorpio Tankers Inc. -2.77%
EXM Excel Maritime Carriers, Ltd. -2.99%
ULTR Ultrapetrol (Bahamas) Ltd. -2.99%
CRU Crude Carriers Corp. -3.10%
OSG Overseas Shipholding Group Inc. -3.20%
BHO B+H Ocean Carriers Ltd. -3.23%
TNP Tsakos Energy Navigation Ltd. -3.23%
RLOG Rand Logistics, Inc. -3.33%
EGLE Eagle Bulk Shipping, Inc. -3.61%
CPLP Capital Product Partners L.P. -3.82%
NMM Navios Maritime Partners L.P. -4.23%
TNK Teekay Tankers Ltd. -4.46%
DHT DHT Holdings, Inc. -7.72%
FRO Frontline Ltd. -8.22%
TRMD TORM A/S -9.21%
TRBR Trailer Bridge Inc. -12.68%
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/
