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 21, 2011.
Ticker Company Change
TOPS Top Ships Inc. 4.47%
NEWL NewLead Holdings Ltd. 3.64%
OCNF OceanFreight, Inc. 3.57%
CPLP Capital Product Partners L.P. 3.17%
SSW Seaspan Corp. 2.55%
CMRE Costamare Inc. 2.16%
ONAV Omega Navigation Enterprises, Inc. 2.14%
NMM Navios Maritime Partners L.P. 2.14%
GSL Global Ship Lease, Inc. 2.09%
TDW Tidewater Inc. 1.92%
RLOG Rand Logistics, Inc. 1.68%
KEX Kirby Corporation 1.49%
SFL Ship Finance International Limited 1.32%
CKH Seacor Holdings Inc. 1.25%
DSX Diana Shipping Inc. 0.90%
HOS Hornbeck Offshore Services, Inc. 0.88%
ULTR Ultrapetrol (Bahamas) Ltd. 0.69%
GASS StealthGas, Inc. 0.65%
TGP Teekay LNG Partners LP. 0.57%
TOO Teekay Offshore Partners LP 0.50%
DHT DHT Holdings, Inc. 0.45%
DRYS DryShips, Inc. 0.43%
ISH International Shipholding Corp. 0.43%
FRO Frontline Ltd. 0.37%
TNP Tsakos Energy Navigation Ltd. 0.30%
KSP K-SEA Transportation Partners LP 0.12%
NAT Nordic American Tanker Shipping Ltd. 0.00%
BHO B+H Ocean Carriers Ltd. 0.00%
TMM Grupo TMM S.A.B. 0.00%
TNK Teekay Tankers Ltd. -0.20%
DCIX Diana Containerships Inc. -0.23%
ALEX Alexander & Baldwin, Inc. -0.25%
EGLE Eagle Bulk Shipping, Inc. -0.29%
TRMD TORM A/S -0.34%
SBLK Star Bulk Carriers Corp. -0.43%
ESEA Euroseas, Ltd. -0.47%
DAC Danaos Corporation -0.48%
TK Teekay Corporation -0.65%
GLNG Golar LNG Ltd. -0.66%
OSG Overseas Shipholding Group Inc. -0.71%
PRGN Paragon Shipping Inc. -0.71%
TRBR Trailer Bridge Inc. -0.74%
SB Safe Bulkers, Inc. -0.84%
BALT Baltic Trading Limited -0.86%
STNG Scorpio Tankers Inc. -1.21%
NM Navios Maritime Holdings Inc. -1.35%
GNK Genco Shipping & Trading Ltd. -1.45%
GMR General Maritime Corp. -1.84%
FREE FreeSeas Inc. -2.33%
EXM Excel Maritime Carriers, Ltd. -2.74%
VLCCF Knightsbridge Tankers Limited -3.12%
TBSI TBS International Plc -3.95%
GLBS Globus Maritime Ltd. -5.33%
HRZ Horizon Lines, Inc. -6.58%
For the latest updates on the stock market, visit,
http://technicalanalysis-blog.blogspot.com/
