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- November 3, 2011
Baltic Dry Index ( BDI ) - 1817 Down 42
Baltic Cape Index ( BCI ) - 2829 Down 77
Baltic Panamax Index ( BPI ) - 1866 Down 23
Supramax Index ( BSI ) - 1452 Down 34
Below these are the Top Shipping Stocks Performance of the day Stocks November 03, 2011.
Ticker Company Change
ULTR Ultrapetrol (Bahamas) Ltd. 5.71%
FRO Frontline Ltd. 5.12%
BHO B+H Ocean Carriers Ltd. 5.05%
STNG Scorpio Tankers Inc. 4.42%
BALT Baltic Trading Limited 3.98%
RLOG Rand Logistics, Inc. 3.93%
GNK Genco Shipping & Trading Ltd. 3.53%
CKH Seacor Holdings Inc. 3.24%
GASS StealthGas, Inc. 3.16%
ALEX Alexander & Baldwin, Inc. 3.04%
GLNG Golar LNG Ltd. 2.94%
TK Teekay Corporation 2.89%
EGLE Eagle Bulk Shipping, Inc. 2.78%
SFL Ship Finance International Limited 2.64%
KEX Kirby Corporation 2.58%
NM Navios Maritime Holdings Inc. 2.41%
EXM Excel Maritime Carriers, Ltd. 2.41%
TDW Tidewater Inc. 2.19%
DAC Danaos Corporation 2.11%
OCNF OceanFreight, Inc. 1.82%
TNK Teekay Tankers Ltd. 1.42%
TNP Tsakos Energy Navigation Ltd. 1.35%
NMM Navios Maritime Partners L.P. 1.31%
FREE FreeSeas Inc. 1.27%
SHIP Seanergy Maritime Holdings Corp. 1.23%
VLCCF Knightsbridge Tankers Limited 1.22%
SB Safe Bulkers, Inc. 1.21%
TOO Teekay Offshore Partners LP 0.92%
DRYS DryShips, Inc. 0.74%
CMRE Costamare Inc. 0.72%
ISH International Shipholding Corp. 0.59%
NAT Nordic American Tankers Limited 0.28%
ESEA Euroseas, Ltd. 0.16%
NEWL NewLead Holdings Ltd. 0.00%
NNA Navios Maritime Acquisition Corporation 0.00%
TBSI TBS International PLC 0.00%
TRBR Trailer Bridge Inc. 0.00%
DSX Diana Shipping Inc. -0.36%
SSW Seaspan Corp. -0.86%
TEU Box Ships Inc. -1.11%
TRMD TORM A/S -1.71%
OSG Overseas Shipholding Group Inc. -1.84%
TOPS Top Ships Inc. -1.89%
TMM Grupo TMM S.A.B. -1.89%
DHT DHT Holdings, Inc. -1.96%
GLBS Globus Maritime Ltd. -2.11%
GSL Global Ship Lease, Inc. -2.17%
SBLK Star Bulk Carriers Corp. -2.21%
GMLP Golar LNG Partners LP -2.23%
DCIX Diana Containerships Inc. -3.08%
CPLP Capital Product Partners L.P. -3.86%
TGP Teekay LNG Partners LP. -4.80%
PRGN Paragon Shipping Inc. -5.10%
GMR General Maritime Corp. -26.92%
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