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 30, 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 Year 2011.
Ticker Company Performance (Yearly)
GLNG Golar LNG Ltd. 207.83%
KEX Kirby Corporation 49.47%
RLOG Rand Logistics, Inc. 34.50%
SSW Seaspan Corp. 15.74%
ALEX Alexander & Baldwin, Inc. 4.91%
CMRE Costamare Inc. 4.81%
TOO Teekay Offshore Partners LP 2.74%
TGP Teekay LNG Partners LP. -6.56%
TDW Tidewater Inc. -6.73%
DAC Danaos Corporation -10.43%
CKH Seacor Holdings Inc. -12.00%
TK Teekay Corporation -15.81%
NMM Navios Maritime Partners L.P. -16.49%
ISH International Shipholding Corp. -21.14%
SB Safe Bulkers, Inc. -26.86%
NM Navios Maritime Holdings Inc. -28.46%
NNA Navios Maritime Acquisition Corporation -28.65%
CPLP Capital Product Partners L.P. -29.54%
ESEA Euroseas, Ltd. -31.49%
VLCCF Knightsbridge Tankers Limited -32.39%
DSX Diana Shipping Inc. -37.77%
TMM Grupo TMM S.A.B. -42.80%
TNP Tsakos Energy Navigation Ltd. -48.60%
BALT Baltic Trading Limited -50.16%
NAT Nordic American Tankers Limited -51.06%
GASS StealthGas, Inc. -51.45%
STNG Scorpio Tankers Inc. -51.63%
SFL Ship Finance International Limited -52.03%
GNK Genco Shipping & Trading Ltd. -53.06%
ULTR Ultrapetrol (Bahamas) Ltd. -53.65%
GLBS Globus Maritime Ltd. -60.07%
SBLK Star Bulk Carriers Corp. -62.60%
GSL Global Ship Lease, Inc. -63.43%
DRYS DryShips, Inc. -63.57%
OSG Overseas Shipholding Group Inc. -66.98%
TNK Teekay Tankers Ltd. -68.14%
EXM Excel Maritime Carriers, Ltd. -74.25%
NEWL NewLead Holdings Ltd. -80.17%
PRGN Paragon Shipping Inc. -81.07%
EGLE Eagle Bulk Shipping, Inc. -81.08%
DHT DHT Holdings, Inc. -82.59%
FRO Frontline Ltd. -82.87%
TOPS Top Ships Inc. -83.54%
SHIP Seanergy Maritime Holdings Corp. -84.35%
FREE FreeSeas Inc. -88.50%
TRMD TORM A/S -90.70%
TBSI TBS International PLC -94.79%
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