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 ) - 1157 no change
Baltic Cape Index ( BCI ) - 1576 Up 49
Baltic Panamax Index ( BPI) - 1527 Down 108
Supramax Index ( BSI ) - 1118 Up 10Below these are the Top Shipping Stocks Performance of the Week ended May 4, 2012.
Ticker Company Change (Week)
DCIX Diana Containerships Inc. 18.36%
DAC Danaos Corporation 13.28%
TEU Box Ships Inc. 4.64%
RLOG Rand Logistics, Inc. 4.60%
SSW Seaspan Corp. 0.82%
TGP Teekay LNG Partners LP. 0.71%
ALEX Alexander & Baldwin, Inc. 0.60%
CMRE Costamare Inc. 0.14%
GLBS Globus Maritime Limited 0.00%
GLOG GasLog Ltd. -0.68%
ESEA Euroseas, Ltd. -1.08%
TOO Teekay Offshore Partners LP -1.47%
GASS StealthGas, Inc. -1.56%
SB Safe Bulkers, Inc. -1.65%
DSX Diana Shipping Inc. -2.26%
NMM Navios Maritime Partners L.P. -2.48%
DHT DHT Holdings, Inc. -2.53%
KEX Kirby Corporation -3.23%
NNA Navios Maritime Acquisition Corporation -3.33%
TMM Grupo TMM S.A.B. -3.35%
GSL Global Ship Lease, Inc. -3.61%
GMLP Golar LNG Partners LP -3.95%
CKH Seacor Holdings Inc. -4.16%
ULTR Ultrapetrol (Bahamas) Ltd. -4.66%
OSG Overseas Shipholding Group Inc. -5.06%
NM Navios Maritime Holdings Inc. -5.22%
TNP Tsakos Energy Navigation Ltd. -5.35%
VLCCF Knightsbridge Tankers Limited -5.76%
TK Teekay Corporation -6.57%
TDW Tidewater Inc. -6.86%
GLNG Golar LNG Ltd. -7.47%
TNK Teekay Tankers Ltd. -7.59%
CPLP Capital Product Partners L.P. -7.66%
STNG Scorpio Tankers Inc. -7.71%
NAT Nordic American Tankers Limited -8.14%
SBLK Star Bulk Carriers Corp. -9.09%
PRGN Paragon Shipping Inc. -9.59%
DRYS DryShips, Inc. -9.63%
FREE FreeSeas Inc. -9.76%
SFL Ship Finance International Limited -9.89%
FRO Frontline Ltd. -9.94%
SHIP Seanergy Maritime Holdings Corp. -10.25%
EXM Excel Maritime Carriers, Ltd. -10.34%
TOPS Top Ships Inc. -10.63%
ISH International Shipholding Corp. -10.71%
TRMD TORM A/S -11.59%
BALT Baltic Trading Limited -15.09%
GNK Genco Shipping & Trading Ltd. -21.10%
EGLE Eagle Bulk Shipping, Inc. -26.01%
NEWL NewLead Holdings Ltd. -30.23%
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