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.
Baltic Dry Index ( BDI ) - 715 Down 20
Baltic Cape Index ( BCI ) - 1457 Up 1
Baltic Panamax Index ( BPI) - 967 Up 71
Supramax Index ( BSI ) - 645 Up 15Below these are the Top Shipping Stocks Performance of the Week ended February 12, 2012.
Ticker Company Change (Week)
FREE FreeSeas Inc. 42.20%
TOPS Top Ships Inc. 37.79%
PRGN Paragon Shipping Inc. 35.93%
EGLE Eagle Bulk Shipping, Inc. 25.00%
SHIP Seanergy Maritime Holdings Corp. 24.56%
DRYS DryShips, Inc. 24.48%
NEWL NewLead Holdings Ltd. 23.92%
GSL Global Ship Lease, Inc. 23.33%
EXM Excel Maritime Carriers, Ltd. 22.73%
GNK Genco Shipping & Trading Ltd. 18.81%
RLOG Rand Logistics, Inc. 11.13%
NM Navios Maritime Holdings Inc. 8.65%
DAC Danaos Corporation 8.38%
DSX Diana Shipping Inc. 7.48%
GLNG Golar LNG Ltd. 6.31%
TEU Box Ships Inc. 6.23%
NNA Navios Maritime Acquisition Corporation 6.11%
SB Safe Bulkers, Inc. 5.70%
GLBS Globus Maritime Limited 5.45%
ISH International Shipholding Corp. 5.02%
TRMD TORM A/S 5.00%
ESEA Euroseas, Ltd. 4.66%
GMLP Golar LNG Partners LP 3.71%
TDW Tidewater Inc. 3.56%
BALT Baltic Trading Limited 1.95%
ULTR Ultrapetrol (Bahamas) Ltd. 1.77%
CKH Seacor Holdings Inc. 1.60%
TOO Teekay Offshore Partners LP 1.30%
GASS StealthGas, Inc. 0.93%
DCIX Diana Containerships Inc. 0.89%
CMRE Costamare Inc. -0.26%
STNG Scorpio Tankers Inc. -0.68%
SSW Seaspan Corp. -0.78%
TGP Teekay LNG Partners LP. -1.00%
NMM Navios Maritime Partners L.P. -1.30%
ALEX Alexander & Baldwin, Inc. -1.46%
DHT DHT Holdings, Inc. -1.82%
FRO Frontline Ltd. -2.03%
TK Teekay Corporation -2.52%
NAT Nordic American Tankers Limited -2.97%
KEX Kirby Corporation -3.02%
VLCCF Knightsbridge Tankers Limited -3.60%
SFL Ship Finance International Limited -3.80%
SBLK Star Bulk Carriers Corp. -4.27%
TMM Grupo TMM S.A.B. -6.90%
TNP Tsakos Energy Navigation Ltd. -7.63%
CPLP Capital Product Partners L.P. -8.19%
TNK Teekay Tankers Ltd. -11.74%
OSG Overseas Shipholding Group Inc. -21.21%
TBSI TBS International PLC -42.05%
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