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- May 05, 2011
Baltic Dry Index ( BDI ) - 1314 Up 13
Baltic Cape Index ( BCI ) - 1542 Down 18
Baltic Panamax Index ( BPI ) - 1723 Up 79
Supramax Index ( BSI ) - 1371 Up 3
Below these are the Top Shipping Stocks Performance of the day Stocks May 04, 2011.
Ticker Company Change
DAC Danaos Corporation 3.71%
BHO B+H Ocean Carriers Ltd. 2.42%
GSL Global Ship Lease, Inc. 1.94%
TBSI TBS International Plc 1.24%
OSG Overseas Shipholding Group Inc. 1.07%
GMR General Maritime Corp. 0.96%
RLOG Rand Logistics, Inc. 0.68%
TK Teekay Corporation 0.12%
GLBS Globus Maritime Ltd. 0.00%
KSP K-SEA Transportation Partners LP -0.12%
CMRE Costamare Inc. -0.18%
ISH International Shipholding Corp. -0.37%
CPLP Capital Product Partners L.P. -0.44%
ESEA Euroseas, Ltd. -0.46%
DCIX Diana Containerships Inc. -0.62%
PRGN Paragon Shipping Inc. -0.65%
GASS StealthGas, Inc. -0.68%
FREE FreeSeas Inc. -0.73%
SFL Ship Finance International Limited -0.91%
TDW Tidewater Inc. -0.98%
DRYS DryShips, Inc. -1.09%
VLCCF Knightsbridge Tankers Limited -1.15%
EXM Excel Maritime Carriers, Ltd. -1.25%
STNG Scorpio Tankers Inc. -1.26%
TRBR Trailer Bridge Inc. -1.35%
TRMD TORM A/S -1.35%
DHT DHT Holdings, Inc. -1.42%
DSX Diana Shipping Inc. -1.51%
TNP Tsakos Energy Navigation Ltd. -1.54%
NAT Nordic American Tanker Shipping Ltd. -1.57%
KEX Kirby Corporation -2.03%
NM Navios Maritime Holdings Inc. -2.36%
TMM Grupo TMM S.A.B. -2.37%
SBLK Star Bulk Carriers Corp. -2.49%
NMM Navios Maritime Partners L.P. -2.50%
ULTR Ultrapetrol (Bahamas) Ltd. -2.60%
FRO Frontline Ltd. -2.66%
SSW Seaspan Corp. -2.67%
TOPS Top Ships Inc. -2.78%
TGP Teekay LNG Partners LP. -2.94%
HOS Hornbeck Offshore Services, Inc. -2.96%
CKH Seacor Holdings Inc. -3.01%
TNK Teekay Tankers Ltd. -3.01%
TOO Teekay Offshore Partners LP -3.26%
SB Safe Bulkers, Inc. -3.33%
TEU Box Ships Inc. Common Shares -3.57%
ONAV Omega Navigation Enterprises, Inc. -3.85%
GLNG Golar LNG Ltd. -4.90%
GMLP Golar LNG Partners LP -5.21%
OCNF OceanFreight, Inc. -5.66%
ALEX Alexander & Baldwin, Inc. -5.74%
EGLE Eagle Bulk Shipping, Inc. -5.76%
GNK Genco Shipping & Trading Ltd. -6.15%
HRZ Horizon Lines, Inc. -7.14%
NEWL NewLead Holdings Ltd. -7.21%
BALT Baltic Trading Limited -8.18%
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