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 27, 2011
Baltic Dry Index ( BDI ) - 1927 Down 1
Baltic Cape Index ( BCI ) - 3318 Down 26
Baltic Panamax Index ( BPI ) - 1664 Up 12
Supramax Index ( BSI ) - 1487 Up 2
Below these are the Top Shipping Stocks Performance of the day Stocks September 27, 2011.
Ticker Company Change
GMR General Maritime Corp. 32.00%
BHO B+H Ocean Carriers Ltd. 19.83%
EGLE Eagle Bulk Shipping, Inc. 11.59%
TRMD TORM A/S 11.03%
EXM Excel Maritime Carriers, Ltd. 10.48%
FREE FreeSeas Inc. 9.76%
GLBS Globus Maritime Ltd. 7.33%
GASS StealthGas, Inc. 7.14%
TMM Grupo TMM S.A.B. 6.25%
NM Navios Maritime Holdings Inc. 5.41%
FRO Frontline Ltd. 4.98%
CPLP Capital Product Partners L.P. 4.46%
CRU Crude Carriers Corp. 4.28%
SBLK Star Bulk Carriers Corp. 3.91%
NEWL NewLead Holdings Ltd. 3.90%
TRBR Trailer Bridge Inc. 3.77%
PRGN Paragon Shipping Inc. 3.41%
TGP Teekay LNG Partners LP. 3.21%
DAC Danaos Corporation 3.12%
ISH International Shipholding Corp. 2.99%
TK Teekay Corporation 2.89%
STNG Scorpio Tankers Inc. 2.84%
DSX Diana Shipping Inc. 2.79%
KEX Kirby Corporation 2.62%
SB Safe Bulkers, Inc. 2.49%
GNK Genco Shipping & Trading Ltd. 2.45%
BALT Baltic Trading Limited 2.44%
ESEA Euroseas, Ltd. 2.37%
DHT DHT Holdings, Inc. 2.29%
SFL Ship Finance International Limited 2.26%
GLNG Golar LNG Ltd. 2.21%
VLCCF Knightsbridge Tankers Limited 2.04%
TEU Box Ships Inc. Common Shares 2.03%
TNP Tsakos Energy Navigation Ltd. 1.90%
GMLP Golar LNG Partners LP 1.70%
TNK Teekay Tankers Ltd. 1.46%
TOO Teekay Offshore Partners LP 1.37%
SSW Seaspan Corp. 0.65%
ALEX Alexander & Baldwin, Inc. 0.63%
CKH Seacor Holdings Inc. 0.54%
NMM Navios Maritime Partners L.P. 0.43%
OCNF OceanFreight, Inc. 0.34%
SHIP Seanergy Maritime Holdings Corp. 0.27%
TBSI TBS International Plc 0.00%
NNA Navios Maritime Acquisition Corporation 0.00%
NAT Nordic American Tanker Shipping Ltd. -0.45%
RLOG Rand Logistics, Inc. -0.49%
CMRE Costamare Inc. -0.62%
DRYS DryShips, Inc. -0.75%
DCIX Diana Containerships Inc. -1.18%
OSG Overseas Shipholding Group Inc. -1.70%
GSL Global Ship Lease, Inc. -1.85%
HRZ Horizon Lines, Inc. -2.22%
TDW Tidewater Inc. -2.52%
ULTR Ultrapetrol (Bahamas) Ltd. -2.53%
TOPS Top Ships Inc. -8.97%
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