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 19, 2011
Baltic Dry Index ( BDI ) - 1271 Down 13
Baltic Cape Index ( BCI ) - 1538 Down 14
Baltic Panamax Index ( BPI ) - 1456 Down 34
Supramax Index ( BSI ) - 1405 Down 5
Below these are the Top Shipping Stocks Performance of the day Stocks April 18, 2011.
Ticker Company Change
TBSI TBS International Plc 6.21%
BHO B+H Ocean Carriers Ltd. 3.95%
FREE FreeSeas Inc. 2.36%
TRBR Trailer Bridge Inc. 1.39%
NEWL NewLead Holdings Ltd. 0.91%
GSL Global Ship Lease, Inc. 0.77%
TGP Teekay LNG Partners LP. 0.16%
STNG Scorpio Tankers Inc. -0.19%
TNP Tsakos Energy Navigation Ltd. -0.29%
CMRE Costamare Inc. -0.34%
KSP K-SEA Transportation Partners LP -0.37%
DCIX Diana Containerships Inc. -0.38%
NMM Navios Maritime Partners L.P. -0.49%
TK Teekay Corporation -0.52%
TOO Teekay Offshore Partners LP -0.69%
GLBS Globus Maritime Ltd. -1.01%
VLCCF Knightsbridge Tankers Limited -1.07%
DAC Danaos Corporation -1.09%
TDW Tidewater Inc. -1.09%
CPLP Capital Product Partners L.P. -1.20%
RLOG Rand Logistics, Inc. -1.28%
ALEX Alexander & Baldwin, Inc. -1.29%
NAT Nordic American Tanker Shipping Ltd. -1.30%
SFL Ship Finance International Limited -1.45%
DSX Diana Shipping Inc. -1.48%
NM Navios Maritime Holdings Inc. -1.50%
TRMD TORM A/S -1.57%
ESEA Euroseas, Ltd. -1.59%
SB Safe Bulkers, Inc. -1.68%
ISH International Shipholding Corp. -1.69%
CKH Seacor Holdings Inc. -1.73%
DRYS DryShips, Inc. -1.90%
ULTR Ultrapetrol (Bahamas) Ltd. -1.94%
SBLK Star Bulk Carriers Corp. -2.12%
FRO Frontline Ltd. -2.31%
EXM Excel Maritime Carriers, Ltd. -2.34%
PRGN Paragon Shipping Inc. -2.40%
HOS Hornbeck Offshore Services, Inc. -2.43%
KEX Kirby Corporation -2.50%
EGLE Eagle Bulk Shipping, Inc. -2.53%
DHT DHT Holdings, Inc. -2.64%
ONAV Omega Navigation Enterprises, Inc. -2.74%
OSG Overseas Shipholding Group Inc. -2.78%
BALT Baltic Trading Limited -2.86%
SSW Seaspan Corp. -3.03%
TNK Teekay Tankers Ltd. -3.78%
OCNF OceanFreight, Inc. -5.36%
GMR General Maritime Corp. -5.73%
HRZ Horizon Lines, Inc. -6.36%
GLNG Golar LNG Ltd. -6.98%
TMM Grupo TMM S.A.B. -7.32%
TOPS Top Ships Inc. -10.00%
GASS StealthGas, Inc. -10.98%
GNK Genco Shipping & Trading Ltd. -11.26%
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