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 ) - 934 Up 4
Baltic Cape Index ( BCI ) - 1412 Up 26
Baltic Panamax Index ( BPI) - 1051 Up 7
Supramax Index ( BSI ) - 1030 Down 13Below these are the Top Shipping Stocks Performance of the Week ended March 30, 2012.
Ticker Company Change (Week)
TNK Teekay Tankers Ltd. 15.84%
OSG Overseas Shipholding Group Inc. 13.17%
TNP Tsakos Energy Navigation Ltd. 11.57%
DAC Danaos Corporation 10.67%
EGLE Eagle Bulk Shipping, Inc. 7.78%
FRO Frontline Ltd. 7.70%
TOPS Top Ships Inc. 7.37%
NAT Nordic American Tankers Limited 7.37%
TK Teekay Corporation 4.98%
EXM Excel Maritime Carriers, Ltd. 4.71%
BALT Baltic Trading Limited 4.27%
TMM Grupo TMM S.A.B. 4.17%
ALEX Alexander & Baldwin, Inc. 4.08%
DSX Diana Shipping Inc. 3.11%
DRYS DryShips, Inc. 2.96%
ISH International Shipholding Corp. 1.94%
SFL Ship Finance International Limited 1.53%
CPLP Capital Product Partners L.P. 1.25%
GSL Global Ship Lease, Inc. 1.16%
SB Safe Bulkers, Inc. 0.91%
GMLP Golar LNG Partners LP 0.46%
NMM Navios Maritime Partners L.P. 0.36%
VLCCF Knightsbridge Tankers Limited 0.28%
SSW Seaspan Corp. 0.23%
TRMD TORM A/S 0.00%
GLNG Golar LNG Ltd. -0.11%
TGP Teekay LNG Partners LP. -0.20%
TDW Tidewater Inc. -0.22%
CKH Seacor Holdings Inc. -0.27%
NM Navios Maritime Holdings Inc. -0.47%
GLBS Globus Maritime Limited -0.59%
TOO Teekay Offshore Partners LP -1.03%
DCIX Diana Containerships Inc. -1.15%
RLOG Rand Logistics, Inc. -1.52%
GNK Genco Shipping & Trading Ltd. -1.55%
KEX Kirby Corporation -1.64%
CMRE Costamare Inc. -2.27%
PRGN Paragon Shipping Inc. -2.38%
ESEA Euroseas, Ltd. -2.56%
STNG Scorpio Tankers Inc. -2.62%
FREE FreeSeas Inc. -2.78%
TEU Box Ships Inc. -2.92%
GASS StealthGas, Inc. -3.91%
NNA Navios Maritime Acquisition Corporation -4.12%
SBLK Star Bulk Carriers Corp. -4.27%
SHIP Seanergy Maritime Holdings Corp. -6.48%
ULTR Ultrapetrol (Bahamas) Ltd. -6.54%
DHT DHT Holdings, Inc. -6.80%
NEWL NewLead Holdings Ltd. -20.90%
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