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 6, 2012
Baltic Dry Index ( BDI ) - 1426 Down 126
Baltic Cape Index ( BCI ) - 2471 Down 297
Baltic Panamax Index ( BPI) - 1571 Down 28
Supramax Index ( BSI ) - 1125 Down 15Below these are the Top Shipping Stocks Performance of the Week ended January 6, 2012.
Ticker Company Change (Week)
TBSI TBS International PLC 66.60%
GLBS Globus Maritime Limited 50.88%
TRMD TORM A/S 36.36%
SHIP Seanergy Maritime Holdings Corp. 20.45%
TMM Grupo TMM S.A.B. 19.39%
ESEA Euroseas, Ltd. 13.72%
ULTR Ultrapetrol (Bahamas) Ltd. 12.59%
NAT Nordic American Tankers Limited 11.58%
DCIX Diana Containerships Inc. 11.24%
CPLP Capital Product Partners L.P. 10.33%
EGLE Eagle Bulk Shipping, Inc. 10.00%
SB Safe Bulkers, Inc. 9.76%
DAC Danaos Corporation 9.67%
PRGN Paragon Shipping Inc. 9.56%
EXM Excel Maritime Carriers, Ltd. 7.75%
DRYS DryShips, Inc. 7.67%
NMM Navios Maritime Partners L.P. 7.09%
TNP Tsakos Energy Navigation Ltd. 6.92%
DHT DHT Holdings, Inc. 6.85%
TNK Teekay Tankers Ltd. 6.76%
SBLK Star Bulk Carriers Corp. 6.74%
RLOG Rand Logistics, Inc. 6.71%
SFL Ship Finance International Limited 6.52%
TEU Box Ships Inc. 6.35%
GMLP Golar LNG Partners LP 5.33%
DSX Diana Shipping Inc. 5.31%
STNG Scorpio Tankers Inc. 5.27%
TGP Teekay LNG Partners LP. 5.18%
GASS StealthGas, Inc. 5.13%
CMRE Costamare Inc. 4.50%
FREE FreeSeas Inc. 4.44%
FRO Frontline Ltd. 3.91%
VLCCF Knightsbridge Tankers Limited 3.23%
TOO Teekay Offshore Partners LP 2.97%
ALEX Alexander & Baldwin, Inc. 2.33%
GLNG Golar LNG Ltd. 2.23%
TDW Tidewater Inc. 1.81%
ISH International Shipholding Corp. 1.80%
GNK Genco Shipping & Trading Ltd. 1.52%
NNA Navios Maritime Acquisition Corporation 1.48%
KEX Kirby Corporation 1.44%
OSG Overseas Shipholding Group Inc. 1.29%
GSL Global Ship Lease, Inc. 0.57%
SSW Seaspan Corp. 0.22%
NM Navios Maritime Holdings Inc. -1.14%
CKH Seacor Holdings Inc. -1.66%
BALT Baltic Trading Limited -4.43%
TOPS Top Ships Inc. -5.64%
TK Teekay Corporation -5.81%
NEWL NewLead Holdings Ltd. -29.23%
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