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 22, 2011
Baltic Dry Index ( BDI ) - 1884 Up 73
Baltic Cape Index ( BCI ) - 3244 Up 232
Baltic Panamax Index ( BPI ) - 1642 Down 23
Supramax Index ( BSI ) - 1471 Up 8
Below these are the Top Shipping Stocks Performance of the day Stocks September 22, 2011.
Ticker Company Change
DCIX Diana Containerships Inc. 2.86%
SHIP Seanergy Maritime Holdings Corp. 1.98%
RLOG Rand Logistics, Inc. 0.16%
GSL Global Ship Lease, Inc. 0.00%
BHO B+H Ocean Carriers Ltd. 0.00%
TBSI TBS International Plc 0.00%
VLCCF Knightsbridge Tankers Limited -0.30%
DSX Diana Shipping Inc. -0.52%
TMM Grupo TMM S.A.B. -0.64%
ALEX Alexander & Baldwin, Inc. -1.19%
GLBS Globus Maritime Ltd. -1.26%
TOPS Top Ships Inc. -1.28%
DHT DHT Holdings, Inc. -1.38%
SB Safe Bulkers, Inc. -1.46%
OCNF OceanFreight, Inc. -1.59%
NNA Navios Maritime Acquisition Corporation -1.79%
TGP Teekay LNG Partners LP. -2.09%
NM Navios Maritime Holdings Inc. -2.42%
TNP Tsakos Energy Navigation Ltd. -2.43%
ISH International Shipholding Corp. -2.47%
TOO Teekay Offshore Partners LP -2.52%
NMM Navios Maritime Partners L.P. -2.56%
NAT Nordic American Tanker Shipping Ltd. -2.72%
KEX Kirby Corporation -2.72%
CPLP Capital Product Partners L.P. -3.05%
CRU Crude Carriers Corp. -3.50%
OSG Overseas Shipholding Group Inc. -3.79%
TEU Box Ships Inc. Common Shares -3.79%
TK Teekay Corporation -3.81%
HRZ Horizon Lines, Inc. -3.93%
SSW Seaspan Corp. -3.96%
SFL Ship Finance International Limited -4.13%
GMLP Golar LNG Partners LP -4.14%
GNK Genco Shipping & Trading Ltd. -4.16%
FRO Frontline Ltd. -4.27%
DAC Danaos Corporation -4.44%
STNG Scorpio Tankers Inc. -4.63%
GASS StealthGas, Inc. -4.81%
ESEA Euroseas, Ltd. -4.98%
EGLE Eagle Bulk Shipping, Inc. -5.00%
EXM Excel Maritime Carriers, Ltd. -5.14%
CKH Seacor Holdings Inc. -5.55%
TDW Tidewater Inc. -5.86%
BALT Baltic Trading Limited -5.87%
SBLK Star Bulk Carriers Corp. -5.97%
NEWL NewLead Holdings Ltd. -6.25%
CMRE Costamare Inc. -6.32%
TNK Teekay Tankers Ltd. -7.32%
GLNG Golar LNG Ltd. -7.87%
GMR General Maritime Corp. -8.00%
PRGN Paragon Shipping Inc. -8.64%
TRMD TORM A/S -9.15%
DRYS DryShips, Inc. -9.59%
ULTR Ultrapetrol (Bahamas) Ltd. -9.83%
FREE FreeSeas Inc. -12.75%
TRBR Trailer Bridge Inc. -14.81%
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