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- April 14, 2011
Baltic Dry Index ( BDI ) - 1309 Down 15
Baltic Cape Index ( BCI ) - 1573 Up 3
Baltic Panamax Index ( BPI ) - 1548 Down 38
Supramax Index ( BSI ) - 1422 Down 11
Below these are the Top Shipping Stocks Performance of the day Stocks April 14, 2011.
Ticker Company Change
TRMD TORM A/S 2.88%
ISH International Shipholding Corp. 2.33%
STNG Scorpio Tankers Inc. 1.87%
CPLP Capital Product Partners L.P. 1.31%
HOS Hornbeck Offshore Services, Inc. 1.17%
SBLK Star Bulk Carriers Corp. 0.88%
CKH Seacor Holdings Inc. 0.86%
OSG Overseas Shipholding Group Inc. 0.86%
CMRE Costamare Inc. 0.80%
ALEX Alexander & Baldwin, Inc. 0.63%
RLOG Rand Logistics, Inc. 0.63%
GLBS Globus Maritime Ltd. 0.58%
TBSI TBS International Plc 0.57%
FREE FreeSeas Inc. 0.50%
TDW Tidewater Inc. 0.50%
TNP Tsakos Energy Navigation Ltd. 0.48%
EXM Excel Maritime Carriers, Ltd. 0.47%
KSP K-SEA Transportation Partners LP 0.25%
DHT DHT Holdings, Inc. 0.22%
ULTR Ultrapetrol (Bahamas) Ltd. 0.20%
DSX Diana Shipping Inc. 0.17%
TK Teekay Corporation 0.17%
PRGN Paragon Shipping Inc. 0.00%
BHO B+H Ocean Carriers Ltd. 0.00%
GMR General Maritime Corp. 0.00%
SFL Ship Finance International Limited -0.05%
TOO Teekay Offshore Partners LP -0.07%
NAT Nordic American Tanker Shipping Ltd. -0.17%
KEX Kirby Corporation -0.38%
TNK Teekay Tankers Ltd. -0.39%
TGP Teekay LNG Partners LP. -0.42%
NMM Navios Maritime Partners L.P. -0.44%
NEWL NewLead Holdings Ltd. -0.45%
HRZ Horizon Lines, Inc. -0.53%
SB Safe Bulkers, Inc. -0.60%
DCIX Diana Containerships Inc. -0.76%
DAC Danaos Corporation -0.78%
VLCCF Knightsbridge Tankers Limited -0.82%
GASS StealthGas, Inc. -0.87%
GSL Global Ship Lease, Inc. -0.92%
DRYS DryShips, Inc. -1.05%
GLNG Golar LNG Ltd. -1.19%
TOPS Top Ships Inc. -1.35%
NM Navios Maritime Holdings Inc. -1.49%
BALT Baltic Trading Limited -1.50%
OCNF OceanFreight, Inc. -1.69%
GNK Genco Shipping & Trading Ltd. -1.78%
ESEA Euroseas, Ltd. -2.02%
TMM Grupo TMM S.A.B. -2.08%
TRBR Trailer Bridge Inc. -2.37%
FRO Frontline Ltd. -2.59%
SSW Seaspan Corp. -2.64%
EGLE Eagle Bulk Shipping, Inc. -3.00%
ONAV Omega Navigation Enterprises, Inc. -15.73%
For the latest updates on the stock market, visit,
http://technicalanalysis-blog.blogspot.com/
