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 ) - 928 Up 2
Baltic Cape Index ( BCI ) - 1507 Up 32
Baltic Panamax Index ( BPI) - 1036 Down 7
Supramax Index ( BSI ) - 949 Down 16Below these are the Top Shipping Stocks Performance of the Week ended April 8, 2012.
Ticker Company Change (Week)
BALT Baltic Trading Limited 6.70%
GLNG Golar LNG Ltd. 5.15%
GASS StealthGas, Inc. 3.92%
GMLP Golar LNG Partners LP 3.11%
CPLP Capital Product Partners L.P. 3.03%
TMM Grupo TMM S.A.B. 2.64%
TOO Teekay Offshore Partners LP 2.30%
TEU Box Ships Inc. 2.06%
ULTR Ultrapetrol (Bahamas) Ltd. 2.01%
DAC Danaos Corporation 1.60%
DCIX Diana Containerships Inc. 1.01%
RLOG Rand Logistics, Inc. 0.95%
TK Teekay Corporation 0.76%
ALEX Alexander & Baldwin, Inc. 0.62%
CMRE Costamare Inc. 0.44%
TDW Tidewater Inc. 0.39%
TGP Teekay LNG Partners LP. 0.15%
CKH Seacor Holdings Inc. -0.21%
NMM Navios Maritime Partners L.P. -0.42%
SBLK Star Bulk Carriers Corp. -1.11%
GLBS Globus Maritime Limited -1.17%
TNK Teekay Tankers Ltd. -1.35%
ISH International Shipholding Corp. -1.40%
KEX Kirby Corporation -1.44%
SSW Seaspan Corp. -1.50%
SB Safe Bulkers, Inc. -1.96%
STNG Scorpio Tankers Inc. -2.09%
GSL Global Ship Lease, Inc. -2.29%
DSX Diana Shipping Inc. -2.44%
DRYS DryShips, Inc. -2.99%
NNA Navios Maritime Acquisition Corporation -3.02%
VLCCF Knightsbridge Tankers Limited -3.29%
SFL Ship Finance International Limited -3.52%
NM Navios Maritime Holdings Inc. -3.86%
NAT Nordic American Tankers Limited -3.92%
TNP Tsakos Energy Navigation Ltd. -6.03%
FREE FreeSeas Inc. -6.36%
PRGN Paragon Shipping Inc. -6.54%
TOPS Top Ships Inc. -7.30%
EXM Excel Maritime Carriers, Ltd. -7.41%
SHIP Seanergy Maritime Holdings Corp. -7.42%
FRO Frontline Ltd. -7.99%
EGLE Eagle Bulk Shipping, Inc. -13.33%
GNK Genco Shipping & Trading Ltd. -13.48%
OSG Overseas Shipholding Group Inc. -13.77%
ESEA Euroseas, Ltd. -15.38%
TRMD TORM A/S -16.95%
DHT DHT Holdings, Inc. -17.99%
NEWL NewLead Holdings Ltd. -24.50%
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