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 ) - 924 Up 12
Baltic Cape Index ( BCI ) - 1148 Down 14
Baltic Panamax Index ( BPI) - 1065 Up 19
Supramax Index ( BSI ) - 1061 Up 23Below these are the Top Shipping Stocks Performance of the Week ended June 15, 2012.
Ticker Company Change (Week)
DAC Danaos Corporation 14.11%
EGLE Eagle Bulk Shipping, Inc. 9.92%
GNK Genco Shipping & Trading Ltd. 6.67%
PRGN Paragon Shipping Inc. 6.36%
SBLK Star Bulk Carriers Corp. 4.24%
EXM Excel Maritime Carriers, Ltd. 4.02%
TNP Tsakos Energy Navigation Ltd. 3.72%
TEU Box Ships Inc. 3.71%
DRYS DryShips, Inc. 2.97%
ISH International Shipholding Corp. 2.81%
NM Navios Maritime Holdings Inc. 2.77%
SB Safe Bulkers, Inc. 2.65%
ESEA Euroseas, Ltd. 2.59%
DHT DHT Holdings, Inc. 2.51%
KEX Kirby Corporation 2.35%
GSL Global Ship Lease, Inc. 2.20%
GMLP Golar LNG Partners LP 1.95%
BALT Baltic Trading Limited 1.85%
DSX Diana Shipping Inc. 1.68%
TDW Tidewater Inc. 1.68%
GASS StealthGas, Inc. 1.64%
SFL Ship Finance International Limited 1.21%
CMRE Costamare Inc. 1.17%
NAT Nordic American Tankers Limited 1.09%
TOO Teekay Offshore Partners LP 0.89%
TMM Grupo TMM S.A.B. 0.74%
VLCCF Knightsbridge Tankers Limited 0.73%
NMM Navios Maritime Partners L.P. 0.67%
CKH Seacor Holdings Inc. 0.56%
DCIX Diana Containerships Inc. 0.40%
NNA Navios Maritime Acquisition Corporation 0.39%
SSW Seaspan Corp. 0.38%
ULTR Ultrapetrol (Bahamas) Ltd. 0.00%
TOPS Top Ships Inc. 0.00%
RLOG Rand Logistics, Inc. 0.00%
FREE FreeSeas Inc. 0.00%
NEWL NewLead Holdings Ltd. -0.01%
GLNG Golar LNG Ltd. -0.15%
ALEX Alexander & Baldwin, Inc. -0.17%
TGP Teekay LNG Partners LP. -0.36%
TK Teekay Corporation -0.71%
SHIP Seanergy Maritime Holdings Corp. -0.91%
FRO Frontline Ltd. -1.43%
GLOG GasLog Ltd. -1.74%
CPLP Capital Product Partners L.P. -2.09%
TNK Teekay Tankers Ltd. -2.38%
STNG Scorpio Tankers Inc. -2.55%
OSG Overseas Shipholding Group Inc. -3.00%
GLBS Globus Maritime Limited -4.35%
TRMD TORM A/S -8.29%
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