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- July 04, 2011
Baltic Dry Index ( BDI ) - 1419 Down 3
Baltic Cape Index ( BCI ) - 2052 Up 7
Baltic Panamax Index ( BPI ) - 1582 Down 8
Supramax Index ( BSI ) - 1300 Down 6
Below these are the Top Shipping Stocks Performance of the Week ended July 03, 2011.
Ticker Company Change
TBSI TBS International Plc 106.73%
NEWL NewLead Holdings Ltd. 35.35%
BHO B+H Ocean Carriers Ltd. 18.11%
TMM Grupo TMM S.A.B. 16.25%
EGLE Eagle Bulk Shipping, Inc. 13.04%
OCNF OceanFreight, Inc. 12.53%
GLNG Golar LNG Ltd. 12.42%
HOS Hornbeck Offshore Services, Inc. 9.70%
DAC Danaos Corporation 9.40%
CKH Seacor Holdings Inc. 9.01%
DRYS DryShips, Inc. 8.84%
ALEX Alexander & Baldwin, Inc. 8.06%
TDW Tidewater Inc. 7.23%
SFL Ship Finance International Limited 6.05%
EXM Excel Maritime Carriers, Ltd. 5.67%
CRU Crude Carriers Corp. 5.60%
HRZ Horizon Lines, Inc. 5.45%
TRMD TORM A/S 4.98%
OSG Overseas Shipholding Group Inc. 4.91%
KEX Kirby Corporation 4.80%
CPLP Capital Product Partners L.P. 4.74%
CMRE Costamare Inc. 4.30%
GMLP Golar LNG Partners LP 4.19%
TK Teekay Corporation 3.69%
NAT Nordic American Tanker Shipping Ltd. 3.68%
TGP Teekay LNG Partners LP. 3.43%
RLOG Rand Logistics, Inc. 3.36%
SB Safe Bulkers, Inc. 3.36%
TEU Box Ships Inc. Common Shares 3.26%
DSX Diana Shipping Inc. 3.25%
NMM Navios Maritime Partners L.P. 2.84%
VLCCF Knightsbridge Tankers Limited 2.47%
PRGN Paragon Shipping Inc. 2.04%
TNP Tsakos Energy Navigation Ltd. 2.01%
NM Navios Maritime Holdings Inc. 1.96%
GASS StealthGas, Inc. 1.90%
ISH International Shipholding Corp. 1.88%
DHT DHT Holdings, Inc. 1.83%
STNG Scorpio Tankers Inc. 1.73%
FREE FreeSeas Inc. 1.69%
TNK Teekay Tankers Ltd. 1.30%
TOO Teekay Offshore Partners LP 0.99%
DCIX Diana Containerships Inc. 0.43%
GNK Genco Shipping & Trading Ltd. 0.26%
ESEA Euroseas, Ltd. 0.23%
SSW Seaspan Corp. 0.13%
KSP K-SEA Transportation Partners LP 0.00%
GSL Global Ship Lease, Inc. -0.18%
FRO Frontline Ltd. -0.34%
SBLK Star Bulk Carriers Corp. -1.44%
BALT Baltic Trading Limited -3.36%
ULTR Ultrapetrol (Bahamas) Ltd. -4.21%
GMR General Maritime Corp. -5.00%
TRBR Trailer Bridge Inc. -7.61%
GLBS Globus Maritime Ltd. -8.86%
ONAV Omega Navigation Enterprises, Inc. -14.29%
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/
