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 ) - 669 Down 6
Baltic Cape Index ( BCI ) - 1186 Up 0
Baltic Panamax Index ( BPI) - 599 Down 18
Supramax Index ( BSI ) - 832 Down 5Below these are the Top Shipping Stocks Performance of the Week ended September 7, 2012.
Ticker Company Change (Week)
VLCCF Knightsbridge Tankers Limited 17.48%
GNK Genco Shipping & Trading Ltd. 17.06%
ULTR Ultrapetrol (Bahamas) Ltd. 16.67%
CMRE Costamare Inc. 16.56%
DHT DHT Holdings, Inc. 14.13%
KEX Kirby Corporation 12.09%
TRMD TORM A/S 10.91%
SHIP Seanergy Maritime Holdings Corp. 10.86%
FRO Frontline Ltd. 10.36%
SFL Ship Finance International Limited 9.04%
STNG Scorpio Tankers Inc. 8.49%
NM Navios Maritime Holdings Inc. 7.23%
TK Teekay Corporation 6.88%
DRYS DryShips, Inc. 6.82%
DCIX Diana Containerships Inc. 6.75%
SBLK Star Bulk Carriers Corp. 6.12%
NMM Navios Maritime Partners L.P. 5.70%
RLOG Rand Logistics, Inc. 5.51%
GASS StealthGas, Inc. 5.21%
DSX Diana Shipping Inc. 4.62%
TNP Tsakos Energy Navigation Ltd. 4.39%
TDW Tidewater Inc. 4.15%
PRGN Paragon Shipping Inc. 4.15%
SSW Seaspan Corp. 3.94%
TNK Teekay Tankers Ltd. 3.26%
BALT Baltic Trading Limited 3.18%
TEU Box Ships Inc. 2.63%
SB Safe Bulkers, Inc. 2.50%
OSG Overseas Shipholding Group Inc. 1.66%
EGLE Eagle Bulk Shipping, Inc. 1.38%
NEWL NewLead Holdings Ltd. 1.25%
TOO Teekay Offshore Partners LP 0.92%
CKH Seacor Holdings Inc. 0.80%
NNA Navios Maritime Acquisition Corporation 0.75%
GSL Global Ship Lease, Inc. 0.31%
CPLP Capital Product Partners L.P. 0.26%
ALEX Alexander & Baldwin, Inc. -0.07%
GLNG Golar LNG Ltd. -0.25%
NAT Nordic American Tankers Limited -1.59%
ISH International Shipholding Corp. -2.24%
MATX Matson, Inc. -2.47%
GMLP Golar LNG Partners LP -3.13%
TGP Teekay LNG Partners LP. -3.50%
GLBS Globus Maritime Limited -3.70%
GLOG GasLog Ltd. -3.83%
ESEA Euroseas, Ltd. -4.39%
TOPS Top Ships Inc. -4.72%
DAC Danaos Corporation -7.32%
EXM Excel Maritime Carriers, Ltd. -7.90%
FREE FreeSeas Inc. -23.33%
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