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 ) - 1138 Down 8
Baltic Cape Index ( BCI ) - 1614 Down 4
Baltic Panamax Index ( BPI) - 1322 Down 28
Supramax Index ( BSI ) - 1112 Down 4Below these are the Top Shipping Stocks Performance of the Week ended May 13, 2012.
Ticker Company Change (Week)
TMM Grupo TMM S.A.B. 8.50%
DCIX Diana Containerships Inc. 7.48%
NAT Nordic American Tankers Limited 4.05%
SFL Ship Finance International Limited 2.29%
TRMD TORM A/S 1.52%
CMRE Costamare Inc. 1.42%
SHIP Seanergy Maritime Holdings Corp. 1.27%
SSW Seaspan Corp. 1.22%
DAC Danaos Corporation 1.20%
GLNG Golar LNG Ltd. 1.19%
ULTR Ultrapetrol (Bahamas) Ltd. 1.09%
SB Safe Bulkers, Inc. 0.61%
GLOG GasLog Ltd. 0.51%
TOO Teekay Offshore Partners LP 0.42%
BALT Baltic Trading Limited 0.00%
CPLP Capital Product Partners L.P. -0.88%
GSL Global Ship Lease, Inc. -1.07%
CKH Seacor Holdings Inc. -1.15%
ISH International Shipholding Corp. -1.29%
TGP Teekay LNG Partners LP. -1.58%
NNA Navios Maritime Acquisition Corporation -1.72%
RLOG Rand Logistics, Inc. -2.48%
DSX Diana Shipping Inc. -2.56%
GLBS Globus Maritime Limited -2.59%
GMLP Golar LNG Partners LP -2.79%
TK Teekay Corporation -3.02%
ALEX Alexander & Baldwin, Inc. -3.40%
STNG Scorpio Tankers Inc. -3.41%
TNK Teekay Tankers Ltd. -3.41%
TDW Tidewater Inc. -3.57%
KEX Kirby Corporation -4.08%
TEU Box Ships Inc. -4.14%
OSG Overseas Shipholding Group Inc. -4.18%
SBLK Star Bulk Carriers Corp. -4.44%
GASS StealthGas, Inc. -4.44%
TOPS Top Ships Inc. -4.86%
TNP Tsakos Energy Navigation Ltd. -5.48%
VLCCF Knightsbridge Tankers Limited -6.11%
FRO Frontline Ltd. -6.55%
NMM Navios Maritime Partners L.P. -7.53%
NM Navios Maritime Holdings Inc. -7.71%
PRGN Paragon Shipping Inc. -8.33%
GNK Genco Shipping & Trading Ltd. -8.37%
DHT DHT Holdings, Inc. -8.68%
EXM Excel Maritime Carriers, Ltd. -8.97%
DRYS DryShips, Inc. -11.68%
EGLE Eagle Bulk Shipping, Inc. -15.62%
ESEA Euroseas, Ltd. -21.20%
NEWL NewLead Holdings Ltd. -21.20%
FREE FreeSeas Inc. -26.13%
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