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- October 06, 2011
Baltic Dry Index ( BDI ) - 1967 Up 59
Baltic Cape Index ( BCI ) - 3162 Up 119
Baltic Panamax Index ( BPI ) - 1869 Up 50
Supramax Index ( BSI ) - 1519 Up 8
Below these are the Top Shipping Stocks Performance of the day Stocks October 6, 2011.
Ticker Company Change
DRYS DryShips, Inc. 14.35%
GMR General Maritime Corp. 14.13%
EGLE Eagle Bulk Shipping, Inc. 6.82%
EXM Excel Maritime Carriers, Ltd. 5.73%
CMRE Costamare Inc. 5.62%
NMM Navios Maritime Partners L.P. 5.42%
FREE FreeSeas Inc. 5.33%
GLNG Golar LNG Ltd. 4.86%
ESEA Euroseas, Ltd. 4.37%
DAC Danaos Corporation 3.93%
SSW Seaspan Corp. 3.90%
GNK Genco Shipping & Trading Ltd. 3.33%
TGP Teekay LNG Partners LP. 3.25%
GASS StealthGas, Inc. 3.19%
GMLP Golar LNG Partners LP 2.95%
KEX Kirby Corporation 2.85%
SFL Ship Finance International Limited 2.76%
TOO Teekay Offshore Partners LP 2.59%
DSX Diana Shipping Inc. 2.49%
PRGN Paragon Shipping Inc. 2.35%
CKH Seacor Holdings Inc. 2.16%
TDW Tidewater Inc. 2.08%
DCIX Diana Containerships Inc. 1.72%
SHIP Seanergy Maritime Holdings Corp. 1.69%
ISH International Shipholding Corp. 1.64%
SBLK Star Bulk Carriers Corp. 1.64%
OCNF OceanFreight, Inc. 1.50%
SB Safe Bulkers, Inc. 1.39%
ULTR Ultrapetrol (Bahamas) Ltd. 1.27%
TK Teekay Corporation 0.89%
CPLP Capital Product Partners L.P. 0.87%
RLOG Rand Logistics, Inc. 0.83%
TMM Grupo TMM S.A.B. 0.62%
NNA Navios Maritime Acquisition Corporation 0.29%
BALT Baltic Trading Limited 0.21%
BHO B+H Ocean Carriers Ltd. 0.00%
CRU Crude Carriers Corp. 0.00%
DHT DHT Holdings, Inc. 0.00%
NEWL NewLead Holdings Ltd. 0.00%
TEU Box Ships Inc. Common Shares 0.00%
TBSI TBS International Plc 0.00%
TRBR Trailer Bridge Inc. 0.00%
TNP Tsakos Energy Navigation Ltd. -0.18%
ALEX Alexander & Baldwin, Inc. -0.22%
FRO Frontline Ltd. -0.45%
NM Navios Maritime Holdings Inc. -0.66%
NAT Nordic American Tanker Shipping Ltd. -0.69%
VLCCF Knightsbridge Tankers Limited -1.08%
GLBS Globus Maritime Ltd. -1.17%
STNG Scorpio Tankers Inc. -1.26%
TRMD TORM A/S -1.54%
GSL Global Ship Lease, Inc. -2.00%
TNK Teekay Tankers Ltd. -2.95%
OSG Overseas Shipholding Group Inc. -5.26%
TOPS Top Ships Inc. -9.84%
HRZ Horizon Lines, Inc. -24.39%
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