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- February 23, 2012
Baltic Dry Index ( BDI ) - 706 Up 2
Baltic Cape Index ( BCI ) - 1471 Up 11
Baltic Panamax Index ( BPI ) - 849 Down 22
Supramax Index ( BSI ) - 647 Down 6
Below these are the Top Shipping Stocks Performance of the day Stocks November 23, 2011.
Ticker Company Change
GLBS Globus Maritime Limited 7.56%
EXM Excel Maritime Carriers, Ltd. 6.99%
SSW Seaspan Corp. 6.39%
GSL Global Ship Lease, Inc. 5.58%
ULTR Ultrapetrol (Bahamas) Ltd. 5.09%
PRGN Paragon Shipping Inc. 4.88%
DRYS DryShips, Inc. 4.65%
NAT Nordic American Tankers Limited 4.44%
DAC Danaos Corporation 3.65%
DHT DHT Holdings, Inc. 3.42%
CMRE Costamare Inc. 3.02%
EGLE Eagle Bulk Shipping, Inc. 2.79%
GMLP Golar LNG Partners LP 2.42%
TNK Teekay Tankers Ltd. 2.35%
TMM Grupo TMM S.A.B. 2.29%
GLNG Golar LNG Ltd. 2.28%
TDW Tidewater Inc. 2.20%
TGP Teekay LNG Partners LP. 2.05%
VLCCF Knightsbridge Tankers Limited 1.90%
NEWL NewLead Holdings Ltd. 1.85%
STNG Scorpio Tankers Inc. 1.63%
ALEX Alexander & Baldwin, Inc. 1.61%
TK Teekay Corporation 1.45%
CPLP Capital Product Partners L.P. 1.45%
BALT Baltic Trading Limited 1.37%
ISH International Shipholding Corp. 1.14%
OSG Overseas Shipholding Group Inc. 0.90%
TNP Tsakos Energy Navigation Ltd. 0.63%
KEX Kirby Corporation 0.62%
CKH Seacor Holdings Inc. 0.55%
DSX Diana Shipping Inc. 0.44%
SFL Ship Finance International Limited 0.23%
NNA Navios Maritime Acquisition Corporation 0.00%
TBSI TBS International PLC 0.00%
TOO Teekay Offshore Partners LP -0.30%
NMM Navios Maritime Partners L.P. -0.80%
ESEA Euroseas, Ltd. -1.04%
RLOG Rand Logistics, Inc. -1.60%
FRO Frontline Ltd. -1.87%
SB Safe Bulkers, Inc. -1.89%
SBLK Star Bulk Carriers Corp. -1.92%
GASS StealthGas, Inc. -1.94%
DCIX Diana Containerships Inc. -2.43%
TEU Box Ships Inc. -3.80%
SHIP Seanergy Maritime Holdings Corp. -4.26%
NM Navios Maritime Holdings Inc. -4.46%
FREE FreeSeas Inc. -5.51%
TOPS Top Ships Inc. -8.85%
TRMD TORM A/S -12.50%
GNK Genco Shipping & Trading Ltd. -13.52%
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