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- January 20, 2012
Baltic Dry Index ( BDI ) - 862 Down 31
Baltic Cape Index ( BCI ) - 1554 Down 5
Baltic Panamax Index ( BPI) - 1020 Down 38
Supramax Index ( BSI ) - 807 Down 51Below these are the Top Shipping Stocks Performance of the Week ended January 20, 2012.
Ticker Company Change (Week)
FREE FreeSeas Inc. 13.84%
TNP Tsakos Energy Navigation Ltd. 11.98%
EGLE Eagle Bulk Shipping, Inc. 11.01%
SSW Seaspan Corp. 10.75%
GLBS Globus Maritime Limited 9.92%
SFL Ship Finance International Limited 8.80%
TMM Grupo TMM S.A.B. 8.70%
CKH Seacor Holdings Inc. 7.77%
TDW Tidewater Inc. 7.36%
ALEX Alexander & Baldwin, Inc. 7.27%
DSX Diana Shipping Inc. 6.97%
TNK Teekay Tankers Ltd. 6.59%
CMRE Costamare Inc. 6.02%
FRO Frontline Ltd. 5.80%
GSL Global Ship Lease, Inc. 5.79%
GASS StealthGas, Inc. 5.58%
DCIX Diana Containerships Inc. 5.24%
KEX Kirby Corporation 5.06%
TK Teekay Corporation 5.01%
NNA Navios Maritime Acquisition Corporation 4.90%
TGP Teekay LNG Partners LP. 4.39%
STNG Scorpio Tankers Inc. 3.94%
ISH International Shipholding Corp. 3.94%
NEWL NewLead Holdings Ltd. 3.64%
DRYS DryShips, Inc. 3.06%
OSG Overseas Shipholding Group Inc. 2.12%
TOO Teekay Offshore Partners LP 1.45%
TEU Box Ships Inc. 1.45%
DAC Danaos Corporation 1.16%
TOPS Top Ships Inc. 1.09%
GNK Genco Shipping & Trading Ltd. 1.08%
RLOG Rand Logistics, Inc. 0.88%
VLCCF Knightsbridge Tankers Limited 0.48%
BALT Baltic Trading Limited 0.45%
SB Safe Bulkers, Inc. 0.30%
NM Navios Maritime Holdings Inc. 0.28%
CPLP Capital Product Partners L.P. 0.14%
ESEA Euroseas, Ltd. -0.73%
DHT DHT Holdings, Inc. -1.27%
NMM Navios Maritime Partners L.P. -1.85%
GMLP Golar LNG Partners LP -2.14%
EXM Excel Maritime Carriers, Ltd. -2.44%
PRGN Paragon Shipping Inc. -2.99%
SBLK Star Bulk Carriers Corp. -3.17%
NAT Nordic American Tankers Limited -4.32%
GLNG Golar LNG Ltd. -5.86%
SHIP Seanergy Maritime Holdings Corp. -10.38%
ULTR Ultrapetrol (Bahamas) Ltd. -12.11%
TBSI TBS International PLC -13.04%
TRMD TORM A/S -18.34%
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