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 ) - 1004 Up 10
Baltic Cape Index ( BCI ) - 1190 Up 6
Baltic Panamax Index ( BPI) - 984 Up 16
Supramax Index ( BSI ) - 1257 Up 10Below these are the Top Shipping Stocks Performance of the Week ended June 30, 2012.
Ticker Company Change (Week)
GMLP Golar LNG Partners LP 10.28%
ALEX Alexander & Baldwin, Inc. 9.91%
OSG Overseas Shipholding Group Inc. 9.35%
FREE FreeSeas Inc. 8.96%
GLNG Golar LNG Ltd. 8.93%
FRO Frontline Ltd. 7.80%
TK Teekay Corporation 7.49%
ESEA Euroseas, Ltd. 7.27%
DSX Diana Shipping Inc. 6.87%
TNK Teekay Tankers Ltd. 6.79%
TGP Teekay LNG Partners LP. 6.55%
SFL Ship Finance International Limited 4.76%
NAT Nordic American Tankers Limited 4.38%
GNK Genco Shipping & Trading Ltd. 4.10%
STNG Scorpio Tankers Inc. 4.07%
CMRE Costamare Inc. 3.27%
TDW Tidewater Inc. 3.25%
TEU Box Ships Inc. 3.20%
CKH Seacor Holdings Inc. 3.19%
TRMD TORM A/S 3.13%
RLOG Rand Logistics, Inc. 3.03%
DRYS DryShips, Inc. 2.82%
NM Navios Maritime Holdings Inc. 2.47%
CPLP Capital Product Partners L.P. 2.44%
GLBS Globus Maritime Limited 2.24%
SB Safe Bulkers, Inc. 1.31%
NMM Navios Maritime Partners L.P. 0.74%
DHT DHT Holdings, Inc. 0.71%
GSL Global Ship Lease, Inc. 0.31%
DCIX Diana Containerships Inc. 0.27%
TOO Teekay Offshore Partners LP -0.32%
GLOG GasLog Ltd. -0.39%
TNP Tsakos Energy Navigation Ltd. -0.61%
VLCCF Knightsbridge Tankers Limited -0.61%
SSW Seaspan Corp. -0.74%
ISH International Shipholding Corp. -1.31%
SBLK Star Bulk Carriers Corp. -1.36%
GASS StealthGas, Inc. -1.53%
TOPS Top Ships Inc. -1.75%
EXM Excel Maritime Carriers, Ltd. -2.63%
NNA Navios Maritime Acquisition Corporation -2.90%
DAC Danaos Corporation -4.60%
BALT Baltic Trading Limited -5.23%
KEX Kirby Corporation -7.87%
PRGN Paragon Shipping Inc. -8.47%
ULTR Ultrapetrol (Bahamas) Ltd. -11.28%
EGLE Eagle Bulk Shipping, Inc. -12.47%
NEWL NewLead Holdings Ltd. -13.59%
SHIP Seanergy Maritime Holdings Corp. -16.87%
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