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 09, 2011
Baltic Dry Index ( BDI ) - 1348 Up 8
Baltic Cape Index ( BCI ) - 1557 Down 9
Baltic Panamax Index ( BPI ) - 1801 Up 32
Supramax Index ( BSI ) - 1397 Up 11
Below these are the Top Shipping Stocks Performance of the day Stocks May 09, 2011.
Ticker Company Change
TRBR Trailer Bridge Inc. 11.56%
ONAV Omega Navigation Enterprises, Inc. 9.33%
NAT Nordic American Tanker Shipping Ltd. 9.29%
TMM Grupo TMM S.A.B. 8.49%
GLBS Globus Maritime Ltd. 6.15%
GMLP Golar LNG Partners LP 4.96%
GASS StealthGas, Inc. 4.95%
GMR General Maritime Corp. 4.90%
HRZ Horizon Lines, Inc. 4.00%
SFL Ship Finance International Limited 3.49%
GLNG Golar LNG Ltd. 3.04%
SSW Seaspan Corp. 2.56%
VLCCF Knightsbridge Tankers Limited 2.34%
ULTR Ultrapetrol (Bahamas) Ltd. 2.30%
CKH Seacor Holdings Inc. 2.14%
OSG Overseas Shipholding Group Inc. 2.08%
TDW Tidewater Inc. 1.88%
TOO Teekay Offshore Partners LP 1.80%
DAC Danaos Corporation 1.79%
TGP Teekay LNG Partners LP. 1.70%
FRO Frontline Ltd. 1.67%
SB Safe Bulkers, Inc. 1.65%
HOS Hornbeck Offshore Services, Inc. 1.52%
GSL Global Ship Lease, Inc. 1.37%
TNP Tsakos Energy Navigation Ltd. 1.15%
TNK Teekay Tankers Ltd. 1.09%
KEX Kirby Corporation 1.06%
ISH International Shipholding Corp. 1.04%
DRYS DryShips, Inc. 0.66%
NMM Navios Maritime Partners L.P. 0.60%
TBSI TBS International Plc 0.59%
SBLK Star Bulk Carriers Corp. 0.42%
TK Teekay Corporation 0.26%
ESEA Euroseas, Ltd. 0.23%
BHO B+H Ocean Carriers Ltd. 0.00%
DSX Diana Shipping Inc. 0.00%
NEWL NewLead Holdings Ltd. 0.00%
DCIX Diana Containerships Inc. -0.09%
STNG Scorpio Tankers Inc. -0.18%
EXM Excel Maritime Carriers, Ltd. -0.25%
KSP K-SEA Transportation Partners LP -0.37%
NM Navios Maritime Holdings Inc. -0.37%
CMRE Costamare Inc. -0.53%
TEU Box Ships Inc. Common Shares -0.57%
PRGN Paragon Shipping Inc. -0.66%
ALEX Alexander & Baldwin, Inc. -0.69%
DHT DHT Holdings, Inc. -0.72%
TRMD TORM A/S -0.81%
RLOG Rand Logistics, Inc. -1.08%
EGLE Eagle Bulk Shipping, Inc. -1.27%
GNK Genco Shipping & Trading Ltd. -1.56%
BALT Baltic Trading Limited -1.77%
CPLP Capital Product Partners L.P. -2.06%
OCNF OceanFreight, Inc. -3.04%
FREE FreeSeas Inc. -3.42%
TOPS Top Ships Inc. -5.41%
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