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 25, 2011
Baltic Dry Index ( BDI ) - 1807 Down 7
Baltic Cape Index ( BCI ) - 3049 Up 7
Baltic Panamax Index ( BPI) - 1794 Down 28
Supramax Index ( BSI ) - 1380 Down 2Below these are the Top Shipping Stocks Performance of the Week ended November 27, 2011.
Ticker Company Change (Week)
BHO B+H Ocean Carriers Ltd. 21.19%
GSL Global Ship Lease, Inc. 4.52%
TEU Box Ships Inc. 3.23%
GMLP Golar LNG Partners LP 2.33%
DCIX Diana Containerships Inc. 1.66%
DAC Danaos Corporation -0.30%
TOPS Top Ships Inc. -2.00%
SHIP Seanergy Maritime Holdings Corp. -2.82%
TDW Tidewater Inc. -2.94%
TOO Teekay Offshore Partners LP -3.17%
CKH Seacor Holdings Inc. -3.47%
CMRE Costamare Inc. -3.75%
KEX Kirby Corporation -3.85%
SBLK Star Bulk Carriers Corp. -3.94%
GLBS Globus Maritime Ltd. -4.59%
TGP Teekay LNG Partners LP. -5.50%
CPLP Capital Product Partners L.P. -5.77%
TK Teekay Corporation -6.01%
FREE FreeSeas Inc. -6.02%
ISH International Shipholding Corp. -6.35%
RLOG Rand Logistics, Inc. -6.39%
GASS StealthGas, Inc. -6.53%
SSW Seaspan Corp. -6.85%
TMM Grupo TMM S.A.B. -7.21%
ESEA Euroseas, Ltd. -7.77%
GLNG Golar LNG Ltd. -7.89%
DSX Diana Shipping Inc. -8.69%
PRGN Paragon Shipping Inc. -9.76%
SB Safe Bulkers, Inc. -10.09%
NMM Navios Maritime Partners L.P. -10.30%
ALEX Alexander & Baldwin, Inc. -10.45%
VLCCF Knightsbridge Tankers Limited -11.37%
DHT DHT Holdings, Inc. -13.33%
NAT Nordic American Tankers Limited -13.61%
EGLE Eagle Bulk Shipping, Inc. -13.85%
STNG Scorpio Tankers Inc. -14.50%
NM Navios Maritime Holdings Inc. -15.08%
NNA Navios Maritime Acquisition Corporation -15.11%
BALT Baltic Trading Limited -15.58%
ULTR Ultrapetrol (Bahamas) Ltd. -15.87%
DRYS DryShips, Inc. -16.02%
TNP Tsakos Energy Navigation Ltd. -16.84%
TNK Teekay Tankers Ltd. -19.43%
GNK Genco Shipping & Trading Ltd. -21.07%
TBSI TBS International PLC -21.57%
EXM Excel Maritime Carriers, Ltd. -22.54%
NEWL NewLead Holdings Ltd. -23.40%
SFL Ship Finance International Limited -30.80%
OSG Overseas Shipholding Group Inc. -30.96%
TRBR Trailer Bridge Inc. -31.25%
TRMD TORM A/S -40.22%
FRO Frontline Ltd. -51.92%
GMR General Maritime Corp. -75.00%
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