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 ) - 812 Up 12
Baltic Cape Index ( BCI ) - 1503 Down 3
Baltic Panamax Index ( BPI) - 889 Up 16
Supramax Index ( BSI ) - 864 Down 23Below these are the Top Shipping Stocks Performance of the Week ended March 11, 2012.
Ticker Company Change (Week)
GSL Global Ship Lease, Inc. 22.92%
PRGN Paragon Shipping Inc. 9.76%
STNG Scorpio Tankers Inc. 9.40%
CPLP Capital Product Partners L.P. 5.21%
EXM Excel Maritime Carriers, Ltd. 5.17%
TMM Grupo TMM S.A.B. 3.49%
SHIP Seanergy Maritime Holdings Corp. 2.72%
GLBS Globus Maritime Limited 2.68%
TOPS Top Ships Inc. 2.50%
TNK Teekay Tankers Ltd. 2.27%
GASS StealthGas, Inc. 1.99%
RLOG Rand Logistics, Inc. 1.70%
SFL Ship Finance International Limited 1.69%
VLCCF Knightsbridge Tankers Limited 1.50%
ALEX Alexander & Baldwin, Inc. 1.35%
TNP Tsakos Energy Navigation Ltd. 1.24%
TEU Box Ships Inc. 0.67%
ISH International Shipholding Corp. 0.44%
TK Teekay Corporation 0.28%
NM Navios Maritime Holdings Inc. 0.24%
KEX Kirby Corporation 0.23%
CMRE Costamare Inc. 0.20%
TGP Teekay LNG Partners LP. 0.10%
TRMD TORM A/S 0.00%
EGLE Eagle Bulk Shipping, Inc. -0.67%
OSG Overseas Shipholding Group Inc. -0.93%
GMLP Golar LNG Partners LP -1.14%
SB Safe Bulkers, Inc. -1.50%
CKH Seacor Holdings Inc. -1.52%
NMM Navios Maritime Partners L.P. -1.52%
TOO Teekay Offshore Partners LP -1.53%
DHT DHT Holdings, Inc. -1.90%
TDW Tidewater Inc. -2.51%
GLNG Golar LNG Ltd. -2.80%
BALT Baltic Trading Limited -2.89%
SSW Seaspan Corp. -3.03%
FRO Frontline Ltd. -3.13%
NAT Nordic American Tankers Limited -3.31%
SBLK Star Bulk Carriers Corp. -4.40%
DSX Diana Shipping Inc. -4.42%
DCIX Diana Containerships Inc. -4.96%
DRYS DryShips, Inc. -6.23%
DAC Danaos Corporation -6.41%
GNK Genco Shipping & Trading Ltd. -6.81%
NNA Navios Maritime Acquisition Corporation -7.10%
ULTR Ultrapetrol (Bahamas) Ltd. -7.41%
ESEA Euroseas, Ltd. -9.02%
FREE FreeSeas Inc. -9.60%
NEWL NewLead Holdings Ltd. -35.29%
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