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 ) - 960 Up 16
Baltic Cape Index ( BCI ) - 1576 Up 15
Baltic Panamax Index ( BPI) - 1110 Up 38
Supramax Index ( BSI ) - 930 Up 5Below these are the Top Shipping Stocks Performance of the Week ended April 13, 2012.
Ticker Company Change (Week)
NEWL NewLead Holdings Ltd. 129.82%
FREE FreeSeas Inc. 48.54%
SHIP Seanergy Maritime Holdings Corp. 26.92%
TOPS Top Ships Inc. 10.19%
TMM Grupo TMM S.A.B. 2.56%
NNA Navios Maritime Acquisition Corporation 1.91%
DRYS DryShips, Inc. 1.54%
CPLP Capital Product Partners L.P. 0.86%
DCIX Diana Containerships Inc. 0.83%
DAC Danaos Corporation 0.26%
GLOG GasLog Ltd. 0.18%
CMRE Costamare Inc. 0.14%
EGLE Eagle Bulk Shipping, Inc. 0.00%
GSL Global Ship Lease, Inc. 0.00%
CKH Seacor Holdings Inc. -0.56%
TDW Tidewater Inc. -0.76%
TK Teekay Corporation -1.04%
TOO Teekay Offshore Partners LP -1.09%
SBLK Star Bulk Carriers Corp. -1.14%
DHT DHT Holdings, Inc. -1.22%
ISH International Shipholding Corp. -1.28%
TGP Teekay LNG Partners LP. -1.30%
ALEX Alexander & Baldwin, Inc. -1.39%
RLOG Rand Logistics, Inc. -1.76%
ESEA Euroseas, Ltd. -2.02%
KEX Kirby Corporation -2.12%
TNP Tsakos Energy Navigation Ltd. -2.30%
GNK Genco Shipping & Trading Ltd. -2.90%
ULTR Ultrapetrol (Bahamas) Ltd. -3.45%
TEU Box Ships Inc. -3.48%
SSW Seaspan Corp. -3.52%
SB Safe Bulkers, Inc. -3.53%
GMLP Golar LNG Partners LP -3.83%
NM Navios Maritime Holdings Inc. -4.51%
GLBS Globus Maritime Limited -4.53%
FRO Frontline Ltd. -4.84%
PRGN Paragon Shipping Inc. -4.87%
BALT Baltic Trading Limited -5.12%
TNK Teekay Tankers Ltd. -5.14%
EXM Excel Maritime Carriers, Ltd. -5.14%
NMM Navios Maritime Partners L.P. -5.42%
STNG Scorpio Tankers Inc. -5.83%
GASS StealthGas, Inc. -5.91%
TRMD TORM A/S -6.12%
NAT Nordic American Tankers Limited -6.26%
VLCCF Knightsbridge Tankers Limited -7.17%
DSX Diana Shipping Inc. -7.51%
SFL Ship Finance International Limited -7.92%
GLNG Golar LNG Ltd. -8.48%
OSG Overseas Shipholding Group Inc. -8.67%
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