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 ) - 1110 Down 11
Baltic Cape Index ( BCI ) - 1320 Down 32
Baltic Panamax Index ( BPI) - 1202 Up 15
Supramax Index ( BSI ) - 1287 Down 7Below these are the Top Shipping Stocks Performance of the Week ended July 13, 2012.
Ticker Company Change (Week)
ALEX Alexander & Baldwin, Inc. 30.68%
DAC Danaos Corporation 7.44%
TDW Tidewater Inc. 4.56%
NNA Navios Maritime Acquisition Corporation 4.02%
ISH International Shipholding Corp. 3.42%
BALT Baltic Trading Limited 2.78%
SHIP Seanergy Maritime Holdings Corp. 2.33%
KEX Kirby Corporation 2.23%
SB Safe Bulkers, Inc. 1.27%
CKH Seacor Holdings Inc. 0.54%
TGP Teekay LNG Partners LP. 0.51%
RLOG Rand Logistics, Inc. 0.49%
GSL Global Ship Lease, Inc. 0.30%
GLNG Golar LNG Ltd. 0.26%
NM Navios Maritime Holdings Inc. 0.00%
CPLP Capital Product Partners L.P. 0.00%
ULTR Ultrapetrol (Bahamas) Ltd. 0.00%
TOO Teekay Offshore Partners LP -0.59%
GLOG GasLog Ltd. -0.68%
GASS StealthGas, Inc. -1.52%
CMRE Costamare Inc. -1.82%
TK Teekay Corporation -2.43%
SFL Ship Finance International Limited -2.85%
STNG Scorpio Tankers Inc. -2.89%
TNP Tsakos Energy Navigation Ltd. -3.00%
DCIX Diana Containerships Inc. -3.02%
GLBS Globus Maritime Limited -3.07%
TRMD TORM A/S -3.12%
TNK Teekay Tankers Ltd. -3.49%
PRGN Paragon Shipping Inc. -3.64%
NMM Navios Maritime Partners L.P. -4.43%
VLCCF Knightsbridge Tankers Limited -5.11%
SBLK Star Bulk Carriers Corp. -5.13%
NAT Nordic American Tankers Limited -5.27%
FRO Frontline Ltd. -5.86%
DHT DHT Holdings, Inc. -5.97%
GMLP Golar LNG Partners LP -7.75%
NEWL NewLead Holdings Ltd. -8.21%
SSW Seaspan Corp. -8.24%
DSX Diana Shipping Inc. -8.29%
DRYS DryShips, Inc. -10.57%
ESEA Euroseas, Ltd. -11.20%
EGLE Eagle Bulk Shipping, Inc. -13.17%
TOPS Top Ships Inc. -14.13%
OSG Overseas Shipholding Group Inc. -14.37%
GNK Genco Shipping & Trading Ltd. -17.48%
EXM Excel Maritime Carriers, Ltd. -17.86%
FREE FreeSeas Inc. -18.75%
TEU Box Ships Inc. -20.93%
MATX Matson, Inc. -26.52%
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