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 26, 2011
Baltic Dry Index ( BDI ) - 2145 Down 16
Baltic Cape Index ( BCI ) - 3612 Down 26
Baltic Panamax Index ( BPI ) - 1961 Down 15
Supramax Index ( BSI ) - 1571 Down 13
Below these are the Top Shipping Stocks Performance of the day Stocks October 26, 2011.
Ticker Company Change
TOPS Top Ships Inc. 7.92%
ULTR Ultrapetrol (Bahamas) Ltd. 5.22%
FRO Frontline Ltd. 4.84%
TOO Teekay Offshore Partners LP 3.58%
VLCCF Knightsbridge Tankers Limited 3.51%
BALT Baltic Trading Limited 3.44%
GMR General Maritime Corp. 3.33%
GMLP Golar LNG Partners LP 3.30%
GSL Global Ship Lease, Inc. 2.71%
STNG Scorpio Tankers Inc. 2.68%
EGLE Eagle Bulk Shipping, Inc. 2.67%
SHIP Seanergy Maritime Holdings Corp. 2.20%
CKH Seacor Holdings Inc. 2.20%
TNK Teekay Tankers Ltd. 2.12%
ESEA Euroseas, Ltd. 1.91%
PRGN Paragon Shipping Inc. 1.89%
GLNG Golar LNG Ltd. 1.78%
TDW Tidewater Inc. 1.62%
TNP Tsakos Energy Navigation Ltd. 1.50%
SFL Ship Finance International Limited 1.46%
DRYS DryShips, Inc. 1.17%
CPLP Capital Product Partners L.P. 1.01%
TK Teekay Corporation 0.86%
SSW Seaspan Corp. 0.85%
DAC Danaos Corporation 0.83%
NM Navios Maritime Holdings Inc. 0.81%
KEX Kirby Corporation 0.80%
NAT Nordic American Tanker Shipping Ltd. 0.77%
ISH International Shipholding Corp. 0.68%
RLOG Rand Logistics, Inc. 0.65%
GNK Genco Shipping & Trading Ltd. 0.57%
NMM Navios Maritime Partners L.P. 0.37%
CMRE Costamare Inc. 0.32%
SB Safe Bulkers, Inc. 0.30%
OCNF OceanFreight, Inc. 0.22%
TGP Teekay LNG Partners LP. 0.20%
DCIX Diana Containerships Inc. 0.18%
BHO B+H Ocean Carriers Ltd. 0.00%
NEWL NewLead Holdings Ltd. 0.00%
HRZ Horizon Lines, Inc. 0.00%
ALEX Alexander & Baldwin, Inc. -0.07%
TEU Box Ships Inc. Common Shares -0.11%
DSX Diana Shipping Inc. -0.13%
OSG Overseas Shipholding Group Inc. -0.15%
NNA Navios Maritime Acquisition Corporation -0.25%
SBLK Star Bulk Carriers Corp. -1.43%
TRMD TORM A/S -1.91%
GASS StealthGas, Inc. -2.15%
DHT DHT Holdings, Inc. -2.47%
FREE FreeSeas Inc. -3.23%
TMM Grupo TMM S.A.B. -3.98%
GLBS Globus Maritime Ltd. -4.85%
EXM Excel Maritime Carriers, Ltd. -5.74%
TBSI TBS International Plc -6.67%
TRBR Trailer Bridge Inc. -18.92%
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