Top Shipping Stocks to Watch on Monday September 24, 2012

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  September 21, 2012

Baltic Dry Index ( BDI ) -  774 Up 14

Baltic Cape Index ( BCI ) - 1584 Up 53

Baltic Panamax Index ( BPI) - 467  Down1

Supramax Index ( BSI ) -   847  Down 3

Below these are the Top Shipping Stocks Performance of the Week ended  September 21, 2012. 

Ticker       Company      Change (Week)
EXM    Excel Maritime Carriers, Ltd.    33.33%
SBLK    Star Bulk Carriers Corp.    16.67%
EGLE    Eagle Bulk Shipping, Inc.    9.07%
FREE    FreeSeas Inc.    6.09%
SHIP    Seanergy Maritime Holdings Corp.    5.83%
OSG    Overseas Shipholding Group Inc.    5.32%
ULTR    Ultrapetrol (Bahamas) Ltd.    4.48%
GNK    Genco Shipping & Trading Ltd.    3.85%
CPLP    Capital Product Partners L.P.    3.64%
GSL    Global Ship Lease, Inc.    3.09%
PRGN    Paragon Shipping Inc.    2.22%
NNA    Navios Maritime Acquisition Corporation    1.74%
DCIX    Diana Containerships Inc.    1.58%
DHT    DHT Holdings, Inc.    1.20%
GASS    StealthGas, Inc.    1.18%
BALT    Baltic Trading Limited    1.17%
ESEA    Euroseas, Ltd.    0.87%
TOO    Teekay Offshore Partners LP    0.36%
ALEX    Alexander & Baldwin, Inc.    0.31%
GMLP    Golar LNG Partners LP    0.00%
GLOG    GasLog Ltd.    -0.09%
TGP    Teekay LNG Partners LP.    -0.10%
FRO    Frontline Ltd.    -0.25%
SB    Safe Bulkers, Inc.    -0.33%
NMM    Navios Maritime Partners L.P.    -0.40%
STNG    Scorpio Tankers Inc.    -0.50%
NM    Navios Maritime Holdings Inc.    -0.51%
DAC    Danaos Corporation    -0.62%
TEU    Box Ships Inc.    -0.62%
CMRE    Costamare Inc.    -0.96%
ISH    International Shipholding Corp.    -1.07%
DSX    Diana Shipping Inc.    -1.42%
SSW    Seaspan Corp.    -2.22%
TDW    Tidewater Inc.    -2.30%
DRYS    DryShips, Inc.    -2.32%
RLOG    Rand Logistics, Inc.    -2.72%
TK    Teekay Corporation    -3.14%
NAT    Nordic American Tankers Limited    -3.57%
GLNG    Golar LNG Ltd.    -3.76%
GLBS    Globus Maritime Limited    -3.81%
KEX    Kirby Corporation    -3.91%
TRMD    TORM A/S    -3.98%
TOPS    Top Ships Inc.    -5.74%
TNK    Teekay Tankers Ltd.    -5.87%
CKH    Seacor Holdings Inc.    -6.03%
NEWL    NewLead Holdings Ltd.    -6.85%
TNP    Tsakos Energy Navigation Ltd.    -6.93%
VLCCF    Knightsbridge Tankers Limited    -7.40%
MATX    Matson, Inc.    -9.56%
SFL    Ship Finance International Limited    -10.72%

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