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 ) - 1141 Up 4
Baltic Cape Index ( BCI ) - 1633 Down 5
Baltic Panamax Index ( BPI) - 1274 Up16
Supramax Index ( BSI ) - 1208 Up 4Below these are the Top Shipping Stocks Performance of the Week ended May 20, 2012.
Ticker Company Change (Week)
TRMD TORM A/S 2.94%
NEWL NewLead Holdings Ltd. 2.34%
GMLP Golar LNG Partners LP -1.48%
SB Safe Bulkers, Inc. -2.27%
CKH Seacor Holdings Inc. -2.77%
GASS StealthGas, Inc. -3.49%
SFL Ship Finance International Limited -3.94%
ALEX Alexander & Baldwin, Inc. -3.97%
RLOG Rand Logistics, Inc. -4.16%
NM Navios Maritime Holdings Inc. -4.48%
ISH International Shipholding Corp. -4.72%
DSX Diana Shipping Inc. -5.26%
NAT Nordic American Tankers Limited -5.56%
VLCCF Knightsbridge Tankers Limited -5.60%
STNG Scorpio Tankers Inc. -5.61%
NNA Navios Maritime Acquisition Corporation -5.61%
GLNG Golar LNG Ltd. -5.88%
CPLP Capital Product Partners L.P. -7.35%
TOO Teekay Offshore Partners LP -7.63%
TDW Tidewater Inc. -7.76%
PRGN Paragon Shipping Inc. -8.18%
BALT Baltic Trading Limited -8.25%
GSL Global Ship Lease, Inc. -10.00%
TGP Teekay LNG Partners LP. -10.02%
DCIX Diana Containerships Inc. -10.52%
DHT DHT Holdings, Inc. -10.66%
KEX Kirby Corporation -11.00%
SSW Seaspan Corp. -11.00%
EGLE Eagle Bulk Shipping, Inc. -11.08%
DAC Danaos Corporation -11.11%
TNK Teekay Tankers Ltd. -11.62%
CMRE Costamare Inc. -11.76%
ESEA Euroseas, Ltd. -12.41%
TMM Grupo TMM S.A.B. -12.44%
TNP Tsakos Energy Navigation Ltd. -12.84%
ULTR Ultrapetrol (Bahamas) Ltd. -12.90%
FRO Frontline Ltd. -13.47%
SHIP Seanergy Maritime Holdings Corp. -13.52%
SBLK Star Bulk Carriers Corp. -13.90%
OSG Overseas Shipholding Group Inc. -14.10%
TOPS Top Ships Inc. -14.20%
GLOG GasLog Ltd. -15.61%
TK Teekay Corporation -15.62%
DRYS DryShips, Inc. -16.73%
FREE FreeSeas Inc. -17.07%
TEU Box Ships Inc. -17.62%
NMM Navios Maritime Partners L.P. -17.98%
EXM Excel Maritime Carriers, Ltd. -22.54%
GNK Genco Shipping & Trading Ltd. -22.84%
GLBS Globus Maritime Limited -24.55%
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