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- December 23, 2011
Baltic Dry Index ( BDI ) - 1738 Down 49
Baltic Cape Index ( BCI ) - 3287 Down 119
Baltic Panamax Index ( BPI) - 1645 Down 31
Supramax Index ( BSI ) - 1176 Down 7Below these are the Top Shipping Stocks Performance of the Week ended December 23, 2011.
Ticker Company Change (Week)
OSG Overseas Shipholding Group Inc. 15.07%
DCIX Diana Containerships Inc. 11.18%
FRO Frontline Ltd. 9.66%
DHT DHT Holdings, Inc. 9.44%
RLOG Rand Logistics, Inc. 8.74%
DAC Danaos Corporation 7.42%
SHIP Seanergy Maritime Holdings Corp. 6.79%
CPLP Capital Product Partners L.P. 6.44%
STNG Scorpio Tankers Inc. 5.80%
CKH Seacor Holdings Inc. 5.29%
GLNG Golar LNG Ltd. 4.93%
TNK Teekay Tankers Ltd. 4.46%
GMLP Golar LNG Partners LP 4.45%
TDW Tidewater Inc. 3.89%
CMRE Costamare Inc. 3.70%
GLBS Globus Maritime Ltd. 3.67%
GASS StealthGas, Inc. 3.65%
NM Navios Maritime Holdings Inc. 3.38%
SSW Seaspan Corp. 3.27%
NEWL NewLead Holdings Ltd. 3.17%
NMM Navios Maritime Partners L.P. 3.14%
KEX Kirby Corporation 2.55%
TK Teekay Corporation 2.45%
DRYS DryShips, Inc. 2.38%
TMM Grupo TMM S.A.B. 2.14%
ALEX Alexander & Baldwin, Inc. 1.85%
TOO Teekay Offshore Partners LP 0.96%
TGP Teekay LNG Partners LP. 0.54%
TRMD TORM A/S 0.00%
GSL Global Ship Lease, Inc. 0.00%
GMR General Maritime Corp. 0.00%
FREE FreeSeas Inc. -0.04%
ULTR Ultrapetrol (Bahamas) Ltd. -0.35%
SB Safe Bulkers, Inc. -0.66%
NAT Nordic American Tankers Limited -0.91%
BALT Baltic Trading Limited -1.18%
NNA Navios Maritime Acquisition Corporation -1.38%
SFL Ship Finance International Limited -1.78%
ISH International Shipholding Corp. -2.73%
GNK Genco Shipping & Trading Ltd. -2.74%
TNP Tsakos Energy Navigation Ltd. -2.89%
VLCCF Knightsbridge Tankers Limited -2.98%
DSX Diana Shipping Inc. -3.50%
EXM Excel Maritime Carriers, Ltd. -3.55%
ESEA Euroseas, Ltd. -5.24%
PRGN Paragon Shipping Inc. -6.06%
TEU Box Ships Inc. -6.88%
EGLE Eagle Bulk Shipping, Inc. -7.95%
SBLK Star Bulk Carriers Corp. -8.08%
TOPS Top Ships Inc. -8.68%
TBSI TBS International PLC -12.46%
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