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 ) - 978 No change
Baltic Cape Index ( BCI ) - 1155 Up 3
Baltic Panamax Index ( BPI) - 1148 Down 25
Supramax Index ( BSI ) - 1179 Up 12Below these are the Top Shipping Stocks Performance of the Week ended June 22, 2012.
Ticker Company Change (Week)
TOPS Top Ships Inc. 35.71%
NEWL NewLead Holdings Ltd. 26.70%
EGLE Eagle Bulk Shipping, Inc. 25.35%
STNG Scorpio Tankers Inc. 14.98%
SHIP Seanergy Maritime Holdings Corp. 14.22%
SSW Seaspan Corp. 10.21%
BALT Baltic Trading Limited 10.00%
GLBS Globus Maritime Limited 9.44%
TRMD TORM A/S 6.25%
GASS StealthGas, Inc. 5.92%
PRGN Paragon Shipping Inc. 5.36%
CPLP Capital Product Partners L.P. 4.83%
OSG Overseas Shipholding Group Inc. 4.74%
TNK Teekay Tankers Ltd. 3.89%
CMRE Costamare Inc. 3.70%
TOO Teekay Offshore Partners LP 3.01%
TK Teekay Corporation 2.68%
DRYS DryShips, Inc. 2.40%
CKH Seacor Holdings Inc. 1.94%
FRO Frontline Ltd. 1.93%
GLNG Golar LNG Ltd. 1.23%
TGP Teekay LNG Partners LP. 1.12%
ALEX Alexander & Baldwin, Inc. 0.73%
FREE FreeSeas Inc. 0.60%
ISH International Shipholding Corp. 0.53%
DSX Diana Shipping Inc. 0.41%
NMM Navios Maritime Partners L.P. 0.22%
GLOG GasLog Ltd. 0.20%
NAT Nordic American Tankers Limited -0.08%
KEX Kirby Corporation -0.58%
DCIX Diana Containerships Inc. -0.67%
SFL Ship Finance International Limited -1.19%
SBLK Star Bulk Carriers Corp. -1.35%
VLCCF Knightsbridge Tankers Limited -1.57%
SB Safe Bulkers, Inc. -1.62%
GSL Global Ship Lease, Inc. -1.85%
TDW Tidewater Inc. -2.37%
TNP Tsakos Energy Navigation Ltd. -2.39%
RLOG Rand Logistics, Inc. -2.71%
GMLP Golar LNG Partners LP -2.97%
NM Navios Maritime Holdings Inc. -2.99%
TEU Box Ships Inc. -3.46%
NNA Navios Maritime Acquisition Corporation -3.60%
DHT DHT Holdings, Inc. -3.92%
DAC Danaos Corporation -3.97%
ULTR Ultrapetrol (Bahamas) Ltd. -5.67%
ESEA Euroseas, Ltd. -7.56%
GNK Genco Shipping & Trading Ltd. -8.44%
EXM Excel Maritime Carriers, Ltd. -10.31%
TMM Grupo TMM S.A.B. -19.41%
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