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 28, 2012
Baltic Dry Index ( BDI ) - 766 Up 22
Baltic Cape Index ( BCI ) - 1621 Up 73
Baltic Panamax Index ( BPI) - 425 Up 7
Supramax Index ( BSI ) - 830 Down 6
Below these are the Top Shipping Stocks Performance of the Week ended September 28, 2012.
Ticker Company Change (Week)
EXM Excel Maritime Carriers, Ltd. 8.59%
TRMD TORM A/S 4.17%
CPLP Capital Product Partners L.P. 2.51%
GLOG GasLog Ltd. 1.58%
ULTR Ultrapetrol (Bahamas) Ltd. 1.43%
GLBS Globus Maritime Limited 1.35%
SFL Ship Finance International Limited 0.96%
ISH International Shipholding Corp. 0.96%
RLOG Rand Logistics, Inc. 0.27%
ALEX Alexander & Baldwin, Inc. -0.30%
STNG Scorpio Tankers Inc. -0.33%
CMRE Costamare Inc. -0.58%
GMLP Golar LNG Partners LP -0.59%
NMM Navios Maritime Partners L.P. -0.87%
GLNG Golar LNG Ltd. -0.92%
TOO Teekay Offshore Partners LP -1.01%
GASS StealthGas, Inc. -1.16%
DAC Danaos Corporation -1.24%
TDW Tidewater Inc. -1.46%
FREE FreeSeas Inc. -1.67%
KEX Kirby Corporation -1.74%
TGP Teekay LNG Partners LP. -1.83%
CKH Seacor Holdings Inc. -2.34%
SSW Seaspan Corp. -3.07%
FRO Frontline Ltd. -3.27%
DCIX Diana Containerships Inc. -3.28%
ESEA Euroseas, Ltd. -3.45%
TOPS Top Ships Inc. -3.48%
TK Teekay Corporation -3.79%
NAT Nordic American Tankers Limited -4.18%
SBLK Star Bulk Carriers Corp. -4.40%
NEWL NewLead Holdings Ltd. -4.41%
VLCCF Knightsbridge Tankers Limited -4.80%
SHIP Seanergy Maritime Holdings Corp. -5.02%
SB Safe Bulkers, Inc. -5.38%
BALT Baltic Trading Limited -6.38%
PRGN Paragon Shipping Inc. -6.50%
TNK Teekay Tankers Ltd. -6.73%
DSX Diana Shipping Inc. -7.05%
GSL Global Ship Lease, Inc. -7.08%
DHT DHT Holdings, Inc. -7.12%
TEU Box Ships Inc. -7.32%
DRYS DryShips, Inc. -7.51%
MATX Matson, Inc. -7.84%
TNP Tsakos Energy Navigation Ltd. -8.16%
NM Navios Maritime Holdings Inc. -8.40%
NNA Navios Maritime Acquisition Corporation -8.56%
EGLE Eagle Bulk Shipping, Inc. -9.07%
GNK Genco Shipping & Trading Ltd. -9.14%
OSG Overseas Shipholding Group Inc. -9.84%
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