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 ) - 703 Down 4
Baltic Cape Index ( BCI ) - 1172 Up 3
Baltic Panamax Index ( BPI) - 735 Down 23
Supramax Index ( BSI ) - 857 Up 2Below these are the Top Shipping Stocks Performance of the Week ended August 31, 2012.
Ticker Company Change (Week)
SHIP Seanergy Maritime Holdings Corp. 5.26%
TEU Box Ships Inc. 5.02%
GMLP Golar LNG Partners LP 4.11%
CMRE Costamare Inc. 3.54%
DCIX Diana Containerships Inc. 2.68%
GLOG GasLog Ltd. 2.49%
NMM Navios Maritime Partners L.P. 2.05%
SBLK Star Bulk Carriers Corp. 1.96%
BALT Baltic Trading Limited 1.65%
SFL Ship Finance International Limited 1.45%
NM Navios Maritime Holdings Inc. 1.13%
KEX Kirby Corporation 0.71%
ISH International Shipholding Corp. 0.48%
RLOG Rand Logistics, Inc. 0.42%
GSL Global Ship Lease, Inc. 0.31%
STNG Scorpio Tankers Inc. 0.19%
TRMD TORM A/S 0.00%
FREE FreeSeas Inc. 0.00%
GASS StealthGas, Inc. 0.00%
CPLP Capital Product Partners L.P. -0.13%
NAT Nordic American Tankers Limited -0.59%
TOPS Top Ships Inc. -0.80%
SSW Seaspan Corp. -0.81%
VLCCF Knightsbridge Tankers Limited -0.93%
NNA Navios Maritime Acquisition Corporation -1.10%
TDW Tidewater Inc. -1.15%
ALEX Alexander & Baldwin, Inc. -1.23%
TNK Teekay Tankers Ltd. -1.48%
TOO Teekay Offshore Partners LP -1.59%
DHT DHT Holdings, Inc. -2.12%
DSX Diana Shipping Inc. -2.36%
CKH Seacor Holdings Inc. -2.46%
SB Safe Bulkers, Inc. -2.57%
TGP Teekay LNG Partners LP. -2.86%
TK Teekay Corporation -4.30%
EGLE Eagle Bulk Shipping, Inc. -4.35%
ESEA Euroseas, Ltd. -4.39%
GLNG Golar LNG Ltd. -4.91%
DRYS DryShips, Inc. -5.19%
TNP Tsakos Energy Navigation Ltd. -5.94%
GLBS Globus Maritime Limited -6.09%
GNK Genco Shipping & Trading Ltd. -6.77%
OSG Overseas Shipholding Group Inc. -7.96%
PRGN Paragon Shipping Inc. -8.70%
MATX Matson, Inc. -9.38%
ULTR Ultrapetrol (Bahamas) Ltd. -9.64%
EXM Excel Maritime Carriers, Ltd. -10.58%
DAC Danaos Corporation -10.76%
NEWL NewLead Holdings Ltd. -11.76%
FRO Frontline Ltd. -20.36%
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