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 February 3, 2012
Baltic Dry Index ( BDI ) - 647 Down 4
Baltic Cape Index ( BCI ) - 1436 Down 9
Baltic Panamax Index ( BPI) - 693 Up 12
Supramax Index ( BSI ) - 608 Down 12Below these are the Top Shipping Stocks Performance of the Week ended February 5, 2012.
Ticker Company Change (Week)
DHT DHT Holdings, Inc. 26.44%
GSL Global Ship Lease, Inc. 16.02%
TRMD TORM A/S 9.49%
DRYS DryShips, Inc. 8.82%
DAC Danaos Corporation 7.78%
TDW Tidewater Inc. 6.49%
SFL Ship Finance International Limited 5.95%
SHIP Seanergy Maritime Holdings Corp. 5.56%
EXM Excel Maritime Carriers, Ltd. 5.48%
TMM Grupo TMM S.A.B. 5.45%
ULTR Ultrapetrol (Bahamas) Ltd. 5.20%
SBLK Star Bulk Carriers Corp. 4.46%
TNP Tsakos Energy Navigation Ltd. 4.12%
STNG Scorpio Tankers Inc. 4.06%
NNA Navios Maritime Acquisition Corporation 4.01%
GNK Genco Shipping & Trading Ltd. 2.78%
ALEX Alexander & Baldwin, Inc. 2.62%
SSW Seaspan Corp. 2.56%
CKH Seacor Holdings Inc. 2.48%
NMM Navios Maritime Partners L.P. 1.72%
TGP Teekay LNG Partners LP. 1.20%
GASS StealthGas, Inc. 1.17%
CMRE Costamare Inc. 1.13%
TOO Teekay Offshore Partners LP 0.86%
CPLP Capital Product Partners L.P. 0.65%
NAT Nordic American Tankers Limited 0.35%
NM Navios Maritime Holdings Inc. 0.27%
TK Teekay Corporation -0.04%
GMLP Golar LNG Partners LP -0.09%
KEX Kirby Corporation -0.13%
TNK Teekay Tankers Ltd. -0.22%
ESEA Euroseas, Ltd. -0.36%
OSG Overseas Shipholding Group Inc. -0.46%
BALT Baltic Trading Limited -0.49%
RLOG Rand Logistics, Inc. -0.57%
DSX Diana Shipping Inc. -0.60%
GLNG Golar LNG Ltd. -0.70%
TEU Box Ships Inc. -1.09%
GLBS Globus Maritime Limited -1.86%
FREE FreeSeas Inc. -2.17%
DCIX Diana Containerships Inc. -2.88%
VLCCF Knightsbridge Tankers Limited -2.92%
FRO Frontline Ltd. -4.65%
EGLE Eagle Bulk Shipping, Inc. -4.90%
SB Safe Bulkers, Inc. -6.04%
PRGN Paragon Shipping Inc. -7.50%
ISH International Shipholding Corp. -9.44%
TBSI TBS International PLC -11.76%
TOPS Top Ships Inc. -20.00%
NEWL NewLead Holdings Ltd. -21.52%
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