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 21, 2011
Baltic Dry Index ( BDI ) - 1254 Down 8
Baltic Cape Index ( BCI ) - 1540 no change
Baltic Panamax Index ( BPI ) - 1377 Down 38
Supramax Index ( BSI ) - 1401 Down 3
Below these are the Top Shipping Stocks Performance of the day Stocks April 20, 2011.
Ticker Company Change
GLNG Golar LNG Ltd. 16.10%
BHO B+H Ocean Carriers Ltd. 13.54%
ULTR Ultrapetrol (Bahamas) Ltd. 4.12%
OCNF OceanFreight, Inc. 3.70%
SSW Seaspan Corp. 3.36%
GMR General Maritime Corp. 3.33%
DAC Danaos Corporation 2.78%
CKH Seacor Holdings Inc. 2.32%
TK Teekay Corporation 2.15%
STNG Scorpio Tankers Inc. 2.10%
DRYS DryShips, Inc. 1.75%
TOPS Top Ships Inc. 1.59%
OSG Overseas Shipholding Group Inc. 1.54%
KEX Kirby Corporation 1.53%
HOS Hornbeck Offshore Services, Inc. 1.51%
TGP Teekay LNG Partners LP. 1.47%
SFL Ship Finance International Limited 1.44%
TRMD TORM A/S 1.37%
TNP Tsakos Energy Navigation Ltd. 1.32%
DCIX Diana Containerships Inc. 1.01%
TOO Teekay Offshore Partners LP 0.99%
NMM Navios Maritime Partners L.P. 0.88%
ALEX Alexander & Baldwin, Inc. 0.78%
SB Safe Bulkers, Inc. 0.61%
TDW Tidewater Inc. 0.60%
DHT DHT Holdings, Inc. 0.46%
TMM Grupo TMM S.A.B. 0.44%
KSP K-SEA Transportation Partners LP 0.37%
NAT Nordic American Tanker Shipping Ltd. 0.36%
PRGN Paragon Shipping Inc. 0.36%
FRO Frontline Ltd. 0.32%
ISH International Shipholding Corp. 0.13%
NM Navios Maritime Holdings Inc. 0.00%
GLBS Globus Maritime Ltd. 0.00%
DSX Diana Shipping Inc. 0.00%
VLCCF Knightsbridge Tankers Limited -0.34%
TNK Teekay Tankers Ltd. -0.41%
RLOG Rand Logistics, Inc. -0.51%
CPLP Capital Product Partners L.P. -0.56%
GNK Genco Shipping & Trading Ltd. -0.72%
EXM Excel Maritime Carriers, Ltd. -0.74%
FREE FreeSeas Inc. -0.77%
EGLE Eagle Bulk Shipping, Inc. -0.88%
SBLK Star Bulk Carriers Corp. -1.28%
BALT Baltic Trading Limited -1.46%
ESEA Euroseas, Ltd. -1.83%
GSL Global Ship Lease, Inc. -1.89%
HRZ Horizon Lines, Inc. -1.94%
CMRE Costamare Inc. -2.40%
GASS StealthGas, Inc. -2.71%
TBSI TBS International Plc -2.75%
ONAV Omega Navigation Enterprises, Inc. -2.78%
TRBR Trailer Bridge Inc. -5.26%
NEWL NewLead Holdings Ltd. -5.43%
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