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- December 02, 2011
Baltic Dry Index ( BDI ) - 1866 Up 4
Baltic Cape Index ( BCI ) - 3409 Up 23
Baltic Panamax Index ( BPI) - 1701 Down 9
Supramax Index ( BSI ) - 1335 Down 12Below these are the Top Shipping Stocks Performance of the Week ended December 04, 2011.
Ticker Company Change (Week)
ALEX Alexander & Baldwin, Inc. 33.87%
ULTR Ultrapetrol (Bahamas) Ltd. 23.68%
NM Navios Maritime Holdings Inc. 21.50%
EXM Excel Maritime Carriers, Ltd. 19.39%
GSL Global Ship Lease, Inc. 18.38%
BALT Baltic Trading Limited 15.03%
NMM Navios Maritime Partners L.P. 14.22%
TRMD TORM A/S 12.73%
GLNG Golar LNG Ltd. 12.61%
DRYS DryShips, Inc. 12.56%
ISH International Shipholding Corp. 10.68%
FRO Frontline Ltd. 10.14%
BHO B+H Ocean Carriers Ltd. 9.69%
GNK Genco Shipping & Trading Ltd. 9.67%
CKH Seacor Holdings Inc. 9.07%
RLOG Rand Logistics, Inc. 7.80%
TGP Teekay LNG Partners LP. 7.37%
TDW Tidewater Inc. 6.56%
VLCCF Knightsbridge Tankers Limited 6.48%
GASS StealthGas, Inc. 6.45%
TOPS Top Ships Inc. 6.12%
EGLE Eagle Bulk Shipping, Inc. 5.36%
DSX Diana Shipping Inc. 4.83%
TOO Teekay Offshore Partners LP 4.52%
KEX Kirby Corporation 4.22%
SFL Ship Finance International Limited 4.20%
NNA Navios Maritime Acquisition Corporation 4.17%
TNK Teekay Tankers Ltd. 4.11%
TK Teekay Corporation 3.86%
TNP Tsakos Energy Navigation Ltd. 3.85%
CPLP Capital Product Partners L.P. 3.15%
GMLP Golar LNG Partners LP 3.12%
SB Safe Bulkers, Inc. 2.18%
OSG Overseas Shipholding Group Inc. 1.94%
CMRE Costamare Inc. 1.39%
DCIX Diana Containerships Inc. 0.84%
DAC Danaos Corporation 0.60%
PRGN Paragon Shipping Inc. 0.33%
GMR General Maritime Corp. 0.00%
NAT Nordic American Tankers Limited -0.42%
SSW Seaspan Corp. -1.04%
TEU Box Ships Inc. -1.86%
ESEA Euroseas, Ltd. -2.52%
GLBS Globus Maritime Ltd. -5.06%
SHIP Seanergy Maritime Holdings Corp. -5.17%
STNG Scorpio Tankers Inc. -5.36%
SBLK Star Bulk Carriers Corp. -9.02%
DHT DHT Holdings, Inc. -12.09%
NEWL NewLead Holdings Ltd. -13.33%
TMM Grupo TMM S.A.B. -18.93%
FREE FreeSeas Inc. -21.79%
TRBR Trailer Bridge Inc. -26.67%
TBSI TBS International PLC -30.00%
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