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 ) - 1156 Up 8
Baltic Cape Index ( BCI ) - 1499 Down 6
Baltic Panamax Index ( BPI) - 1738 Up 11
Supramax Index ( BSI ) - 1102 Up 5Below these are the Top Shipping Stocks Performance of the Week ended April 28, 2012.
Ticker Company Change (Week)
GSL Global Ship Lease, Inc. 17.58%
OSG Overseas Shipholding Group Inc. 16.75%
GLBS Globus Maritime Limited 8.51%
STNG Scorpio Tankers Inc. 8.02%
TMM Grupo TMM S.A.B. 7.18%
FRO Frontline Ltd. 5.75%
VLCCF Knightsbridge Tankers Limited 5.66%
SBLK Star Bulk Carriers Corp. 5.32%
KEX Kirby Corporation 5.16%
TGP Teekay LNG Partners LP. 4.26%
GASS StealthGas, Inc. 4.07%
SFL Ship Finance International Limited 3.92%
NMM Navios Maritime Partners L.P. 3.80%
SB Safe Bulkers, Inc. 3.73%
TDW Tidewater Inc. 3.09%
BALT Baltic Trading Limited 2.80%
TK Teekay Corporation 2.53%
NAT Nordic American Tankers Limited 2.33%
GLOG GasLog Ltd. 2.26%
CPLP Capital Product Partners L.P. 2.13%
DRYS DryShips, Inc. 1.90%
DCIX Diana Containerships Inc. 1.84%
ALEX Alexander & Baldwin, Inc. 1.83%
TEU Box Ships Inc. 1.49%
TOO Teekay Offshore Partners LP 1.42%
RLOG Rand Logistics, Inc. 0.95%
SSW Seaspan Corp. 0.77%
CKH Seacor Holdings Inc. 0.65%
PRGN Paragon Shipping Inc. 0.01%
NEWL NewLead Holdings Ltd. 0.00%
DSX Diana Shipping Inc. 0.00%
TNK Teekay Tankers Ltd. -0.18%
NM Navios Maritime Holdings Inc. -0.26%
TNP Tsakos Energy Navigation Ltd. -0.31%
CMRE Costamare Inc. -0.57%
EXM Excel Maritime Carriers, Ltd. -0.57%
ULTR Ultrapetrol (Bahamas) Ltd. -1.03%
GNK Genco Shipping & Trading Ltd. -1.09%
GLNG Golar LNG Ltd. -1.12%
ESEA Euroseas, Ltd. -1.59%
ISH International Shipholding Corp. -1.72%
DHT DHT Holdings, Inc. -2.47%
EGLE Eagle Bulk Shipping, Inc. -2.81%
NNA Navios Maritime Acquisition Corporation -3.23%
TOPS Top Ships Inc. -4.17%
GMLP Golar LNG Partners LP -4.81%
DAC Danaos Corporation -5.38%
SHIP Seanergy Maritime Holdings Corp. -8.14%
FREE FreeSeas Inc. -11.51%
TRMD TORM A/S -11.90%
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