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.
Baltic Dry Index ( BDI ) - 1034 Down 24
Baltic Cape Index ( BCI ) - 1424 Down 33
Baltic Panamax Index ( BPI) - 1083 Down 47
Supramax Index ( BSI ) - 1118 Down 6Below these are the Top Shipping Stocks Performance of the Week ended May 25, 2012.
Ticker Company Change (Week)
SFL Ship Finance International Limited 32.13%
OSG Overseas Shipholding Group Inc. 26.89%
NMM Navios Maritime Partners L.P. 20.02%
FRO Frontline Ltd. 14.71%
DSX Diana Shipping Inc. 14.58%
TNP Tsakos Energy Navigation Ltd. 8.92%
NM Navios Maritime Holdings Inc. 8.75%
SSW Seaspan Corp. 8.50%
DAC Danaos Corporation 7.98%
CMRE Costamare Inc. 7.53%
DRYS DryShips, Inc. 7.01%
GNK Genco Shipping & Trading Ltd. 5.92%
ALEX Alexander & Baldwin, Inc. 5.80%
TGP Teekay LNG Partners LP. 5.46%
GLNG Golar LNG Ltd. 5.35%
TOO Teekay Offshore Partners LP 5.24%
DCIX Diana Containerships Inc. 5.21%
DHT DHT Holdings, Inc. 4.92%
SB Safe Bulkers, Inc. 4.91%
TK Teekay Corporation 4.49%
TEU Box Ships Inc. 4.39%
PRGN Paragon Shipping Inc. 3.57%
BALT Baltic Trading Limited 3.54%
TNK Teekay Tankers Ltd. 3.17%
CPLP Capital Product Partners L.P. 3.15%
NAT Nordic American Tankers Limited 1.68%
GLBS Globus Maritime Limited 1.09%
GMLP Golar LNG Partners LP 0.96%
TDW Tidewater Inc. 0.86%
ISH International Shipholding Corp. 0.84%
CKH Seacor Holdings Inc. 0.76%
KEX Kirby Corporation 0.22%
GASS StealthGas, Inc. 0.17%
SBLK Star Bulk Carriers Corp. 0.00%
TOPS Top Ships Inc. 0.00%
SHIP Seanergy Maritime Holdings Corp. -1.82%
TRMD TORM A/S -2.86%
VLCCF Knightsbridge Tankers Limited -2.97%
ESEA Euroseas, Ltd. -3.15%
NNA Navios Maritime Acquisition Corporation -3.38%
EGLE Eagle Bulk Shipping, Inc. -3.91%
TMM Grupo TMM S.A.B. -4.21%
STNG Scorpio Tankers Inc. -5.77%
GSL Global Ship Lease, Inc. -6.91%
RLOG Rand Logistics, Inc. -7.00%
GLOG GasLog Ltd. -7.18%
FREE FreeSeas Inc. -7.35%
ULTR Ultrapetrol (Bahamas) Ltd. -7.41%
NEWL NewLead Holdings Ltd. -7.43%
EXM Excel Maritime Carriers, Ltd. -19.09%
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