Baltic Dry increased 637 points or 63.89% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Baltic Exchange Dry Index - values, historical data, forecasts and news - updated on March of 2025.

As of September 30, 2024, the Baltic Dry Index amounted to 2,065 points. This was higher than in the previous month, and higher than in May 2020, immediately after the outbreak of COVID-19, when the index stood at 504. The Baltic Dry Index is based on the current freight cost on various shipping routes and is considered a bellwether of the general shipping market.

China Retail Sales Nowcast: YoY: Contribution: Stock Exchange Index: BEISL: Baltic Exchange Capesize Index (BCI_2014) data was reported at 0.146 % in 10 Mar 2025. This records an increase from the previous number of 0.144 % for 03 Mar 2025. China Retail Sales Nowcast: YoY: Contribution: Stock Exchange Index: BEISL: Baltic Exchange Capesize Index (BCI_2014) data is updated weekly, averaging 0.000 % from Feb 2021 (Median) to 10 Mar 2025, with 215 observations. The data reached an all-time high of 0.472 % in 11 Nov 2024 and a record low of 0.000 % in 04 Nov 2024. China Retail Sales Nowcast: YoY: Contribution: Stock Exchange Index: BEISL: Baltic Exchange Capesize Index (BCI_2014) data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s China – Table CN.CEIC.NC: CEIC Nowcast: Retail Sales.

The dataset contains returns data for Baltic Dry Index and commodity spot prices

Snapshot img

Chemical Tanker Market Size 2024-2028

The chemical tanker market size is forecast to increase by USD 10.56 billion at a CAGR of 5.54% between 2023 and 2028.

The market is experiencing significant growth due to several key trends. One of the primary drivers is the increasing demand for LNG tanker transportation and oil and gas transportation as more countries shift towards cleaner energy sources. Another trend influencing the market is the advancement in propulsion systems such as hybrid electric marine propulsion engines, leading to increased fuel efficiency and reduced emissions.
Additionally, fluctuations In the Baltic Dry Index (BDI) can impact the market, as it serves as a key indicator of the global economic health and demand for commodities. These factors contribute to the dynamic and evolving nature of the market.

What will be the Size of the Chemical Tanker Market During the Forecast Period?

Request Free Sample

The market is a critical segment of the global shipping industry, focusing on the bulk liquid transport of a diverse range of chemicals. This market encompasses the operation of tanker ships specifically designed for chemical cargo, including those transporting hazardous materials. The market's dynamics are influenced by various factors, including cargo handling efficiency, tanker capacity utilization, and the strategic management of tanker routes. Tanker fleet size and maintenance schedules impact the overall supply and demand balance. Tanker loading and unloading processes are essential components of efficient chemical logistics, with safety and environmental considerations playing a significant role. Tanker inspections, certification, and management are crucial for ensuring regulatory compliance and maintaining the highest safety standards.
Chemical handling and storage equipment, as well as safety and emergency response systems, are integral components of the tanker market. Fuel management systems and environmental protection are increasingly important considerations, with growing emphasis on reducing emissions and minimizing the impact on the marine environment. Overall, the market is characterized by its dynamic nature, driven by the evolving needs of the chemical industry and the global economy.

How is this Chemical Tanker Industry segmented and which is the largest segment?

The chemical tanker industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Organic chemicals
  Vegetable fats and oils
  Inorganic chemicals
  Others


Type

  Inland
  Coastal
  Deep sea


Geography

  APAC

    China
    Singapore


  Middle East and Africa



  North America

    US


  South America



  Europe

    Norway

By Product Insights

The organic chemicals segment is estimated to witness significant growth during the forecast period.

The market experienced significant growth in 2023, with organic chemicals leading the segment due to their extensive usage in various industries such as pharmaceuticals, fertilizers, food and beverages, personal care products, and water treatment. The escalating demand for these chemicals is attributed to their versatility as essential raw materials. The shale gas boom in countries like China and the US has increased the availability of key raw materials, particularly ethylene, leading to enhanced manufacturing capabilities and a broader range of applications. Tanker ships play a crucial role In the shipping industry and LNG infrastructure, facilitating bulk liquid transport, including hazardous materials. Tanker vessels come in various types, including single-hull and double-hull designs, and their construction adheres to stringent safety protocols to ensure cargo containment during transportation.

Tanker fleets undergo regular inspections, certifications, and maintenance to ensure safe and efficient operations. Cargo handling, loading, and unloading processes are carried out using specialized chemical handling and safety equipment. Tanker vessels are equipped with advanced safety systems, including emergency response and spill prevention measures, navigation and communication systems, and fuel management and environmental protection features. Tanker operations and management involve a skilled crew, adherence to shipping regulations, and robust tanker monitoring systems.

Get a glance at the Chemical Tanker Industry report of share of various segments. Request Free Sample

The organic chemicals segment was valued at USD 11.82 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 42% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained

Compilation of 17 benthic datasets that sampled benthic ecosystems over gradients of commercial bottom trawling intensity (n=14), eutrophication (n=1), oxygen depletion (n=1) and pollution (n=1) (Table 1).

Compilation of 18 benthic indicators that were calculated for each gradient dataset. The indicators estimated were community biomass, abundance, richness, relative Margalef diversity, Shannon index, Simpson index, Inverse Simpson, AZTI’s Marine Biotic Index (AMBI), Multivariate AMBI (M-AMBI), BENTIX Biotic Index (BENTIX), Danish Quality Index (DKI), Trawling Disturbance Index (TDI), Modified TDI (mTDI), Modified vulnerability index (mT), Median longevity (Lm), Partial TDI (pTDI), Sentinels of Seabed (SoS), Long-lived fraction (Lf).

The dataset has information on: 1) indicator outputs per sampling station; 2) combined data tables with gradient, station, and species information; 3) individual gradient information with replicate samples and the environmental variables reported in the original study.

----------------

NOTE: The dataset was updated in February 2025 due to incorrect description of units used for two gradients (Silver Pit and Thames) in the "Individual Gradient Studies" folder.

---------------

Table 1. Overview of anthropogenic gradient datasets

Location Sampling method Pressure gradient

Adriatic Sea – Italian EEZ (sand) Rapido trawl Bottom trawling

Adriatic Sea – Italian EEZ (mud) Rapido trawl Bottom trawling

North Sea - Dutch EEZ Box core Bottom trawling

North Sea - Dogger Bank Hamon grab Bottom trawling

North Sea - Fladen Ground Day grab Bottom trawling

North Sea - Long Forties Hamon grab Bottom trawling

North Sea - Silver Pit Box core Bottom trawling

North Sea – Thames Box core Bottom trawling

Northern Iberian Coast (sand) Otter trawl Bottom trawling

Northern Iberian Coast (mud) Otter trawl Bottom trawling

Baltic Sea - Gotland van Veen grab Bottom trawling

Baltic Sea – Polish EEZ Box core Bottom trawling

NW Atlantic - Flemish Cap Otter trawl Bottom trawling

Irish Sea - Sellafield Day grab Bottom trawling

Gulf of Finland van Veen grab Oxygen depletion

Saronikos Gulf Box core Eutrophication

Vigo Estuary Box core Contaminants

The New Baltic Barometer (NBB) was launched in 1993 to reflect opinions in three multi-ethnic societies, Estonia, Latvia and Lithuania, incorporated into the Soviet Union as a consequence of the Second World War. There were six NBB surveys conducted from 1993 to 2004, with many questions repeated to show trends. From 2001, the NBB was merged with the New Democracies Barometer to form New Europe Barometer (available from the UK Data Archive under GN 33355). Therefore the last two NBB surveys are available under SN 5242 and SN 5243 which are part of the New Europe Barometer series.

Whereas political rhetoric often describes all people of a given nationality as thinking alike, election results show differences of opinion. The NBB documents differences within every nationality in the region along lines of age, education, economic circumstances and gender. Differences within each nationality may be paralleled by similarities between nationalities. Comparisons with the Russians in Russia can be made through the New Russia Barometer (available at the Archive under GN 33374) survey.

Further information about the NBB survey series is available on the Baltic Voices web site. Additional information about all the Barometer survey series managed by the CSPP can be found on the CSPP Barometer Surveys web site.
New Baltic Barometer II, 1995 is the second study in the series. The survey was conducted in April 1995 as a systematic comparative analysis of the Baltic population. The questionnaire collected a large amount of data about language, identity and political demands, including the rights and obligations of citizenship, and about the possible impact of Russian actions on the population of Baltic states. It also collected large amounts of information about household economic conditions, economic evaluations and expectations, attitudes toward the old Soviet system and the future, and social and demographic data.

The New Baltic Barometer (NBB) was launched in 1993 to reflect opinions in three multi-ethnic societies, Estonia, Latvia and Lithuania, incorporated into the Soviet Union as a consequence of the Second World War. There were six NBB surveys conducted from 1993 to 2004, with many questions repeated to show trends. From 2001, the NBB was merged with the New Democracies Barometer to form New Europe Barometer (available from the UK Data Archive under GN 33355). Therefore the last two NBB surveys are available under SN 5242 and SN 5243 which are part of the New Europe Barometer series.

Whereas political rhetoric often describes all people of a given nationality as thinking alike, election results show differences of opinion. The NBB documents differences within every nationality in the region along lines of age, education, economic circumstances and gender. Differences within each nationality may be paralleled by similarities between nationalities. Comparisons with the Russians in Russia can be made through the New Russia Barometer (available at the Archive under GN 33374) survey.

Further information about the NBB survey series is available on the Baltic Voices web site. Additional information about all the Barometer survey series managed by the CSPP can be found on the CSPP Barometer Surveys web site.
New Baltic Barometer IV, 2000 is the fourth study in the series. The survey asks representative samples of each nationality similar sets of questions about their multiple identities, language use, political attitudes, economic behaviour and social structural conditions. A special feature of the fourth NBB survey is a set of questions about language use at work and the usefulness of learning different languages.

SeaDataNet is the Pan-European infrastructure for marine and ocean data management and delivery services. It is supported by the EU under its Research Infrastructures programme. It connects 40 National Oceanographic Data Centres (NODC's) and 50 other data centres from 35 countries, bordering the European seas and Atlantic Ocean. The centres are mostly part of major marine management and research organisations that are acquiring and managing a large collection of marine and ocean data from various disciplines. This includes major international organisations, ICES and IOC-IODE. The overall objective is provide overview and access to marine and oceanographic data and data-products from government and research institutes in Europe. SeaDataNet contributes to the implementation of the EU INSPIRE and Marine Strategy Framework Directives. It also plays a key role in the development and operation of the EU EMODNet initiative. The SeaDataNet infrastructure is fully operational and INSPIRE compliant. It includes a versatile SeaDataNet portal (https://www.seadatanet.org) that provides users with a range of metadata, data and data product access services as well as standards, tools and guides for good marine data management. The Common Data Index (CDI) data discovery and access service provides harmonised access to the large volumes of datasets that are managed by the connected data centres. The CDI service contains already references and gives access to more than 1,5 milllion marine and oceanographic datasets as managed by 90 data centres. These numbers are increasing regularly because of further data population and more connected data centres as part of SeaDataNet II, EMODnet and other EU projects. For inclusion in the SeaDataNet INSPIRE compliant CSW service, the CDI records (at granule level) have been aggregated into CDI collections by a combination of Discipline, Data Centre, and geometric type. Each CSW XML record therefore represents a large collection of individual metadata records and associated datasets. By following the specified URL to the SeaDataNet portal users can evaluate these metadata in detail and request access by downloading of interesting datasets via the shopping cart transaction system that is integrated in the SeaDataNet portal.

The SDC_BAL_CLIM_TS_V2 product contains Temperature and Salinity Climatologies for Baltic Sea including the seasonal and monthly fields for period 1955-2014 and seasonal fields for 6 decades starting from 1955 to 2014. The climatic fields were computed from the integrated Baltic Sea dataset that combines data extracted from the 3 major sources: 1) SeaDataNet infrastructure, 2) World Ocean Database 2018, and 3) Coriolis Ocean Dataset for Reanalysis. The computation was done with the DIVAnd (Data-Interpolating Variational Analysis in n dimensions), version 2.3.1. area_keywords=Baltic Sea area_keywords_urn=SDN:C19::2 bathymetry_source=The GEBCO Digital Atlas published by the British Oceanographic Data Centre on behalf of IOC and IHO, 2003 cdm_data_type=Grid Conventions=CF-1.6, COARDS, ACDD-1.3 data_access=http://sdn.oceanbrowser.net/data/SeaDataCloud-domains date=2020-11-16T11:30:10 documentation=Link to PIDoc https://dx.doi.org/doi_of_doc doi=https://dx.doi.org/10.12770/110c8c5a-6655-4a39-a4bd-f0f80f849eeb Easternmost_Easting=31.0 file_name=C:\SDC reg coordinator local\TS_v2\update 2019-12-02\aggregation by Reiner\for_DIVA\Julia_notebooks\results\ITS-90_water_temperature_Baltic_monthly_decades_1955-2018_epsilon2_0.2.nc geospatial_lat_max=66.0 geospatial_lat_min=53.0 geospatial_lat_resolution=0.03125 geospatial_lat_units=degrees_north geospatial_lon_max=31.0 geospatial_lon_min=9.0 geospatial_lon_resolution=0.0625 geospatial_lon_units=degrees_east history=Observational data from SeaDataNet infrastructure and CORA 5.2 infoUrl=http://dx.doix.org/10.12770/110c8c5a-6655-4a39-a4bd-f0f80f849eeb institution=SeaDataNet institution_urn=SDN:EDMO::545 keywords_vocabulary=GCMD Science Keywords Northernmost_Northing=66.0 orjan_back_smhi_se=Örjan Bäckorjan.back@smhi.se parameter_keyword=ITS-90 water temperature parameter_keyword_urn=SDN:P35::WATERTEMP product_code=To be provided product_id=b40e347e-27f6-11eb-3e4d-7f69f67d17b3 project=SeaDataCloud search_keywords=Temperature of the water column search_keywords_urn=SDN:P02::TEMP source=Observational data from SeaDataNet infrastructure and CORA 5.2 sourceUrl=(local files) Southernmost_Northing=53.0 standard_name_vocabulary=CF Standard Name Table v70 time_coverage_end=2011-12-16T00:00:00Z time_coverage_start=1959-01-16T00:00:00Z WEB_visualisation=http://sdn.oceanbrowser.net/web-vis/ Westernmost_Easting=9.0

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Plywood (WPU083) from Jan 1947 to Jan 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.