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 ) - 662 Up 1
Baltic Cape Index ( BCI ) - 1204 Up 16
Baltic Panamax Index ( BPI) - 502 Down 25
Supramax Index ( BSI ) - 834 Up 6Below these are the Top Shipping Stocks Performance of the Week ended September 14, 2012.
Ticker Company Change (Week)
ULTR Ultrapetrol (Bahamas) Ltd. 47.25%
EGLE Eagle Bulk Shipping, Inc. 24.23%
FRO Frontline Ltd. 16.72%
GNK Genco Shipping & Trading Ltd. 13.70%
OSG Overseas Shipholding Group Inc. 13.38%
TNP Tsakos Energy Navigation Ltd. 10.79%
DRYS DryShips, Inc. 10.00%
GSL Global Ship Lease, Inc. 9.88%
DHT DHT Holdings, Inc. 8.47%
NNA Navios Maritime Acquisition Corporation 8.15%
NM Navios Maritime Holdings Inc. 6.47%
SHIP Seanergy Maritime Holdings Corp. 6.19%
RLOG Rand Logistics, Inc. 6.04%
TK Teekay Corporation 5.68%
GLOG GasLog Ltd. 5.65%
ESEA Euroseas, Ltd. 5.50%
BALT Baltic Trading Limited 5.25%
GMLP Golar LNG Partners LP 5.22%
GASS StealthGas, Inc. 5.11%
CKH Seacor Holdings Inc. 4.82%
EXM Excel Maritime Carriers, Ltd. 4.35%
GLNG Golar LNG Ltd. 4.28%
DSX Diana Shipping Inc. 3.68%
PRGN Paragon Shipping Inc. 3.49%
TNK Teekay Tankers Ltd. 3.40%
TEU Box Ships Inc. 3.36%
VLCCF Knightsbridge Tankers Limited 3.34%
CMRE Costamare Inc. 3.30%
SBLK Star Bulk Carriers Corp. 3.21%
STNG Scorpio Tankers Inc. 2.89%
SFL Ship Finance International Limited 2.71%
TDW Tidewater Inc. 2.58%
ISH International Shipholding Corp. 1.99%
SSW Seaspan Corp. 1.83%
ALEX Alexander & Baldwin, Inc. 1.83%
FREE FreeSeas Inc. 1.52%
KEX Kirby Corporation 1.02%
CPLP Capital Product Partners L.P. 0.52%
DCIX Diana Containerships Inc. 0.35%
TGP Teekay LNG Partners LP. 0.13%
NMM Navios Maritime Partners L.P. 0.00%
SB Safe Bulkers, Inc. 0.00%
DAC Danaos Corporation -1.22%
MATX Matson, Inc. -1.92%
NAT Nordic American Tankers Limited -2.33%
TOO Teekay Offshore Partners LP -3.15%
TRMD TORM A/S -3.87%
TOPS Top Ships Inc. -5.43%
NEWL NewLead Holdings Ltd. -9.89%
GLBS Globus Maritime Limited -11.15%
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