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- June 24, 2011
Baltic Dry Index ( BDI ) - 1424 Up 0
Baltic Cape Index ( BCI ) - 1974 Up 69
Baltic Panamax Index ( BPI ) - 1764 Down 32
Supramax Index ( BSI ) - 1322 Up 1
Below these are the Top Shipping Stocks Performance of the day Stocks June 24, 2011.
Ticker Company Change
NEWL NewLead Holdings Ltd. 9.39%
BHO B+H Ocean Carriers Ltd. 8.86%
RLOG Rand Logistics, Inc. 5.15%
ULTR Ultrapetrol (Bahamas) Ltd. 4.61%
ONAV Omega Navigation Enterprises, Inc. 4.26%
NM Navios Maritime Holdings Inc. 3.23%
TOO Teekay Offshore Partners LP 2.74%
STNG Scorpio Tankers Inc. 2.29%
VLCCF Knightsbridge Tankers Limited 1.68%
GLBS Globus Maritime Ltd. 1.66%
GASS StealthGas, Inc. 1.20%
DHT DHT Holdings, Inc. 0.52%
TGP Teekay LNG Partners LP. 0.45%
SFL Ship Finance International Limited 0.35%
ISH International Shipholding Corp. 0.24%
ESEA Euroseas, Ltd. 0.23%
KEX Kirby Corporation 0.11%
GMLP Golar LNG Partners LP 0.11%
GNK Genco Shipping & Trading Ltd. 0.00%
TMM Grupo TMM S.A.B. 0.00%
TOPS Top Ships Inc. 0.00%
KSP K-SEA Transportation Partners LP -0.12%
NMM Navios Maritime Partners L.P. -0.22%
CRU Crude Carriers Corp. -0.31%
BALT Baltic Trading Limited -0.33%
CMRE Costamare Inc. -0.36%
TNK Teekay Tankers Ltd. -0.65%
GMR General Maritime Corp. -0.71%
TEU Box Ships Inc. Common Shares -0.83%
DCIX Diana Containerships Inc. -0.85%
SSW Seaspan Corp. -0.86%
EGLE Eagle Bulk Shipping, Inc. -0.86%
HRZ Horizon Lines, Inc. -0.90%
SBLK Star Bulk Carriers Corp. -0.95%
SB Safe Bulkers, Inc. -1.32%
GLNG Golar LNG Ltd. -1.47%
DRYS DryShips, Inc. -1.49%
DSX Diana Shipping Inc. -1.55%
TDW Tidewater Inc. -1.79%
ALEX Alexander & Baldwin, Inc. -1.80%
TK Teekay Corporation -1.84%
TRMD TORM A/S -1.88%
CPLP Capital Product Partners L.P. -1.93%
TNP Tsakos Energy Navigation Ltd. -2.17%
PRGN Paragon Shipping Inc. -2.49%
CKH Seacor Holdings Inc. -2.49%
OSG Overseas Shipholding Group Inc. -2.50%
HOS Hornbeck Offshore Services, Inc. -2.53%
EXM Excel Maritime Carriers, Ltd. -2.91%
GSL Global Ship Lease, Inc. -3.33%
OCNF OceanFreight, Inc. -3.33%
DAC Danaos Corporation -3.62%
FRO Frontline Ltd. -3.68%
TBSI TBS International Plc -3.70%
FREE FreeSeas Inc. -3.78%
NAT Nordic American Tanker Shipping Ltd. -4.51%
TRBR Trailer Bridge Inc. -6.33%
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