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.
Dry Bulk Shipping Rates July 7, 2012
Baltic Dry Index ( BDI ) - 1151 Up 19
Baltic Cape Index ( BCI ) - 1493 Up 38
Baltic Panamax Index ( BPI) - 1129 Up 39
Supramax Index ( BSI ) - 1296 Up 3Below these are the Top Shipping Stocks Performance of the Week ended June 30, 2012.
Ticker Company Change (Week)
ALEX Alexander & Baldwin, Inc. 29.28%
GNK Genco Shipping & Trading Ltd. 23.32%
TNP Tsakos Energy Navigation Ltd. 17.92%
DRYS DryShips, Inc. 17.56%
TOPS Top Ships Inc. 17.20%
EGLE Eagle Bulk Shipping, Inc. 17.19%
NEWL NewLead Holdings Ltd. 11.83%
VLCCF Knightsbridge Tankers Limited 10.82%
BALT Baltic Trading Limited 10.43%
GMLP Golar LNG Partners LP 10.35%
NNA Navios Maritime Acquisition Corporation 9.21%
SHIP Seanergy Maritime Holdings Corp. 9.14%
ULTR Ultrapetrol (Bahamas) Ltd. 8.47%
SBLK Star Bulk Carriers Corp. 8.26%
DHT DHT Holdings, Inc. 8.06%
GSL Global Ship Lease, Inc. 7.99%
ESEA Euroseas, Ltd. 7.76%
GLNG Golar LNG Ltd. 7.08%
CMRE Costamare Inc. 6.82%
NM Navios Maritime Holdings Inc. 5.88%
STNG Scorpio Tankers Inc. 5.79%
ISH International Shipholding Corp. 5.35%
GLOG GasLog Ltd. 5.22%
TDW Tidewater Inc. 5.20%
NMM Navios Maritime Partners L.P. 4.87%
TEU Box Ships Inc. 4.47%
DSX Diana Shipping Inc. 4.47%
CPLP Capital Product Partners L.P. 4.41%
NAT Nordic American Tankers Limited 4.28%
TGP Teekay LNG Partners LP. 4.14%
SB Safe Bulkers, Inc. 3.97%
TK Teekay Corporation 3.62%
TOO Teekay Offshore Partners LP 3.46%
CKH Seacor Holdings Inc. 3.01%
SFL Ship Finance International Limited 3.00%
DCIX Diana Containerships Inc. 2.97%
FRO Frontline Ltd. 2.78%
EXM Excel Maritime Carriers, Ltd. 1.82%
KEX Kirby Corporation 1.23%
OSG Overseas Shipholding Group Inc. -0.19%
DAC Danaos Corporation -0.45%
GASS StealthGas, Inc. -1.00%
PRGN Paragon Shipping Inc. -1.77%
SSW Seaspan Corp. -2.32%
RLOG Rand Logistics, Inc. -3.07%
TNK Teekay Tankers Ltd. -4.02%
GLBS Globus Maritime Limited -6.58%
TRMD TORM A/S -10.14%
FREE FreeSeas Inc. -13.38%
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