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 24, 2011
Baltic Dry Index ( BDI ) - 1814 Down 16
Baltic Cape Index ( BCI ) - 3042 Down 41
Baltic Panamax Index ( BPI ) - 1822 Down 19
Supramax Index ( BSI ) - 1382 Down 2
Below these are the Top Shipping Stocks Performance of the day Stocks November 23, 2011.
Ticker Company Change
SBLK Star Bulk Carriers Corp. 4.03%
DAC Danaos Corporation 1.81%
SSW Seaspan Corp. 0.18%
CMRE Costamare Inc. 0.09%
BHO B+H Ocean Carriers Ltd. 0.00%
EGLE Eagle Bulk Shipping, Inc. 0.00%
GMLP Golar LNG Partners LP 0.00%
GMR General Maritime Corp. 0.00%
TBSI TBS International PLC 0.00%
CKH Seacor Holdings Inc. -0.60%
GLBS Globus Maritime Ltd. -1.01%
TDW Tidewater Inc. -1.07%
GSL Global Ship Lease, Inc. -1.09%
TOPS Top Ships Inc. -1.20%
OSG Overseas Shipholding Group Inc. -1.35%
TOO Teekay Offshore Partners LP -1.52%
TK Teekay Corporation -1.59%
KEX Kirby Corporation -2.01%
SFL Ship Finance International Limited -2.15%
DCIX Diana Containerships Inc. -2.20%
TGP Teekay LNG Partners LP. -2.76%
EXM Excel Maritime Carriers, Ltd. -2.82%
DSX Diana Shipping Inc. -3.02%
NAT Nordic American Tankers Limited -3.09%
ALEX Alexander & Baldwin, Inc. -3.16%
TMM Grupo TMM S.A.B. -3.18%
TEU Box Ships Inc. -3.37%
GASS StealthGas, Inc. -3.48%
VLCCF Knightsbridge Tankers Limited -3.71%
NEWL NewLead Holdings Ltd. -4.00%
SB Safe Bulkers, Inc. -4.15%
SHIP Seanergy Maritime Holdings Corp. -4.21%
BALT Baltic Trading Limited -4.64%
CPLP Capital Product Partners L.P. -4.67%
NMM Navios Maritime Partners L.P. -4.90%
ISH International Shipholding Corp. -5.00%
PRGN Paragon Shipping Inc. -5.26%
STNG Scorpio Tankers Inc. -5.39%
DRYS DryShips, Inc. -5.63%
GLNG Golar LNG Ltd. -5.66%
RLOG Rand Logistics, Inc. -6.15%
TNK Teekay Tankers Ltd. -6.30%
NM Navios Maritime Holdings Inc. -6.41%
FREE FreeSeas Inc. -6.49%
TNP Tsakos Energy Navigation Ltd. -6.51%
GNK Genco Shipping & Trading Ltd. -7.54%
DHT DHT Holdings, Inc. -7.84%
FRO Frontline Ltd. -7.84%
ESEA Euroseas, Ltd. -8.85%
TRBR Trailer Bridge Inc. -8.93%
ULTR Ultrapetrol (Bahamas) Ltd. -10.23%
NNA Navios Maritime Acquisition Corporation -12.20%
TRMD TORM A/S -18.84%
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