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 ) - 1067 Up 39
Baltic Cape Index ( BCI ) - 1533 Down 1
Baltic Panamax Index ( BPI) - 1487 Up 133
Supramax Index ( BSI ) - 1020 Up 28Below these are the Top Shipping Stocks Performance of the Week ended April 20, 2012.
Ticker Company Change (Week)
NEWL NewLead Holdings Ltd. 18.70%
BALT Baltic Trading Limited 13.73%
SBLK Star Bulk Carriers Corp. 8.05%
GASS StealthGas, Inc. 7.33%
ALEX Alexander & Baldwin, Inc. 5.78%
EXM Excel Maritime Carriers, Ltd. 5.42%
EGLE Eagle Bulk Shipping, Inc. 5.33%
SSW Seaspan Corp. 3.22%
DSX Diana Shipping Inc. 2.84%
GNK Genco Shipping & Trading Ltd. 2.80%
SB Safe Bulkers, Inc. 2.55%
GLNG Golar LNG Ltd. 2.46%
CPLP Capital Product Partners L.P. 2.43%
CMRE Costamare Inc. 2.17%
ISH International Shipholding Corp. 1.90%
DAC Danaos Corporation 1.83%
GLOG GasLog Ltd. 1.68%
OSG Overseas Shipholding Group Inc. 1.40%
TGP Teekay LNG Partners LP. 1.40%
PRGN Paragon Shipping Inc. 1.39%
TEU Box Ships Inc. 1.16%
TK Teekay Corporation 0.80%
NM Navios Maritime Holdings Inc. 0.79%
RLOG Rand Logistics, Inc. 0.24%
NMM Navios Maritime Partners L.P. 0.00%
TDW Tidewater Inc. -0.09%
KEX Kirby Corporation -0.14%
NAT Nordic American Tankers Limited -0.42%
ULTR Ultrapetrol (Bahamas) Ltd. -0.51%
GMLP Golar LNG Partners LP -0.55%
DHT DHT Holdings, Inc. -0.57%
SFL Ship Finance International Limited -0.59%
TOO Teekay Offshore Partners LP -0.79%
TMM Grupo TMM S.A.B. -1.02%
DCIX Diana Containerships Inc. -1.48%
STNG Scorpio Tankers Inc. -2.11%
CKH Seacor Holdings Inc. -2.31%
TNK Teekay Tankers Ltd. -2.35%
ESEA Euroseas, Ltd. -2.58%
GLBS Globus Maritime Limited -3.09%
NNA Navios Maritime Acquisition Corporation -3.13%
GSL Global Ship Lease, Inc. -3.23%
SHIP Seanergy Maritime Holdings Corp. -3.81%
DRYS DryShips, Inc. -3.95%
VLCCF Knightsbridge Tankers Limited -7.57%
TRMD TORM A/S -8.70%
FRO Frontline Ltd. -8.83%
FREE FreeSeas Inc. -9.15%
TOPS Top Ships Inc. -9.19%
TNP Tsakos Energy Navigation Ltd. -20.94%
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