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 ) - 874 Up 8
Baltic Cape Index ( BCI ) - 1466 Down 9
Baltic Panamax Index ( BPI) - 971 Up 14
Supramax Index ( BSI ) - 951 Up 14Below these are the Top Shipping Stocks Performance of the Week ended March 16, 2012.
Ticker Company Change (Week)
NEWL NewLead Holdings Ltd. 127.27%
OSG Overseas Shipholding Group Inc. 49.82%
FRO Frontline Ltd. 45.16%
DHT DHT Holdings, Inc. 21.36%
TRMD TORM A/S 18.67%
EGLE Eagle Bulk Shipping, Inc. 18.12%
SFL Ship Finance International Limited 18.01%
SHIP Seanergy Maritime Holdings Corp. 16.76%
TNK Teekay Tankers Ltd. 16.19%
GASS StealthGas, Inc. 15.23%
GSL Global Ship Lease, Inc. 14.92%
EXM Excel Maritime Carriers, Ltd. 14.75%
FREE FreeSeas Inc. 14.16%
NAT Nordic American Tankers Limited 13.68%
TNP Tsakos Energy Navigation Ltd. 13.61%
TK Teekay Corporation 12.44%
SBLK Star Bulk Carriers Corp. 10.99%
DRYS DryShips, Inc. 9.97%
ISH International Shipholding Corp. 8.54%
GNK Genco Shipping & Trading Ltd. 8.11%
DSX Diana Shipping Inc. 5.43%
NM Navios Maritime Holdings Inc. 5.33%
CMRE Costamare Inc. 4.96%
ALEX Alexander & Baldwin, Inc. 4.87%
TOO Teekay Offshore Partners LP 3.39%
ESEA Euroseas, Ltd. 2.59%
BALT Baltic Trading Limited 1.74%
NMM Navios Maritime Partners L.P. 1.72%
CKH Seacor Holdings Inc. 1.63%
CPLP Capital Product Partners L.P. 1.43%
DCIX Diana Containerships Inc. 1.31%
STNG Scorpio Tankers Inc. 1.15%
RLOG Rand Logistics, Inc. 0.95%
SSW Seaspan Corp. 0.79%
KEX Kirby Corporation 0.06%
NNA Navios Maritime Acquisition Corporation 0.00%
VLCCF Knightsbridge Tankers Limited -1.01%
TMM Grupo TMM S.A.B. -1.05%
GLNG Golar LNG Ltd. -2.11%
DAC Danaos Corporation -2.28%
TEU Box Ships Inc. -2.45%
TGP Teekay LNG Partners LP. -3.06%
ULTR Ultrapetrol (Bahamas) Ltd. -3.20%
GLBS Globus Maritime Limited -4.30%
GMLP Golar LNG Partners LP -4.31%
SB Safe Bulkers, Inc. -4.58%
TDW Tidewater Inc. -4.78%
PRGN Paragon Shipping Inc. -5.67%
TOPS Top Ships Inc. -6.91%
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