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 ) - 717 Down 6
Baltic Cape Index ( BCI ) - 1461 Down 3
Baltic Panamax Index ( BPI) - 949 Down 25
Supramax Index ( BSI ) - 641 no changeBelow these are the Top Shipping Stocks Performance of the Week ended February 17, 2012.
Ticker Company Change (Week)
FREE FreeSeas Inc. 167.19%
NEWL NewLead Holdings Ltd. 125.40%
DRYS DryShips, Inc. 23.67%
TOPS Top Ships Inc. 20.36%
SHIP Seanergy Maritime Holdings Corp. 19.01%
EGLE Eagle Bulk Shipping, Inc. 18.24%
PRGN Paragon Shipping Inc. 14.38%
SFL Ship Finance International Limited 12.02%
TNK Teekay Tankers Ltd. 11.90%
NNA Navios Maritime Acquisition Corporation 10.61%
TEU Box Ships Inc. 10.34%
EXM Excel Maritime Carriers, Ltd. 10.05%
RLOG Rand Logistics, Inc. 9.88%
DHT DHT Holdings, Inc. 9.26%
NAT Nordic American Tankers Limited 9.26%
DSX Diana Shipping Inc. 8.98%
CPLP Capital Product Partners L.P. 8.71%
GMLP Golar LNG Partners LP 8.01%
TNP Tsakos Energy Navigation Ltd. 7.46%
VLCCF Knightsbridge Tankers Limited 7.34%
BALT Baltic Trading Limited 7.18%
TRMD TORM A/S 7.12%
GASS StealthGas, Inc. 6.90%
GLNG Golar LNG Ltd. 6.73%
STNG Scorpio Tankers Inc. 6.48%
SB Safe Bulkers, Inc. 5.81%
GSL Global Ship Lease, Inc. 5.41%
GLBS Globus Maritime Limited 5.39%
TMM Grupo TMM S.A.B. 4.94%
TK Teekay Corporation 4.82%
TGP Teekay LNG Partners LP. 4.43%
NM Navios Maritime Holdings Inc. 4.23%
FRO Frontline Ltd. 3.73%
TDW Tidewater Inc. 3.44%
KEX Kirby Corporation 2.98%
OSG Overseas Shipholding Group Inc. 2.85%
NMM Navios Maritime Partners L.P. 2.51%
DCIX Diana Containerships Inc. 2.50%
ULTR Ultrapetrol (Bahamas) Ltd. 2.43%
ESEA Euroseas, Ltd. 2.05%
CKH Seacor Holdings Inc. 1.56%
TOO Teekay Offshore Partners LP 0.64%
ISH International Shipholding Corp. 0.42%
GNK Genco Shipping & Trading Ltd. 0.00%
SSW Seaspan Corp. -0.52%
DAC Danaos Corporation -0.95%
CMRE Costamare Inc. -4.69%
ALEX Alexander & Baldwin, Inc. -5.30%
SBLK Star Bulk Carriers Corp. -13.84%
TBSI TBS International PLC -15.38%
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