Baltic Dry rose to 1,663 Index Points on July 11, 2025, up 13.52% from the previous day. Over the past month, Baltic Dry's price has fallen 15.50%, and is down 16.73% compared to the same time last year, 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 July 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.

Black Diamond reported CAD132.73M in Sales Revenues for its fiscal quarter ending in December of 2024. Data for Black Diamond | BDI - Sales Revenues including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Black Diamond reported CAD77.48M in Cost of Sales for its fiscal quarter ending in December of 2024. Data for Black Diamond | BDI - Cost Of Sales including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Black Diamond reported CAD235.67M in Loan Capital for its fiscal quarter ending in December of 2024. Data for Black Diamond | BDI - Loan Capital including historical, tables and charts were last updated by Trading Economics this last July in 2025.

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Chemical Tanker Market Size 2025-2029

The chemical tanker market size is forecast to increase by USD 11.58 billion, at a CAGR of 5.8% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing demand for LNG tanker transportation. This trend is a response to the global shift towards cleaner energy sources and the expanding LNG trade routes. Another key factor influencing the market is the advances in propulsion systems for tankers, which are improving operational efficiency and reducing environmental impact. However, the market is not without challenges. The fluctuation in the Baltic Dry Index (BDI) poses a significant obstacle, as it reflects the volatility in freight rates for major dry bulk commodities, including chemicals.
This uncertainty can impact the profitability of chemical tanker operators and may require strategic planning and adaptability to mitigate potential risks. Companies in the market must stay informed of these dynamics to effectively capitalize on opportunities and navigate challenges in the evolving chemical tanker landscape.

What will be the Size of the Chemical Tanker Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, shaped by dynamic market conditions and shifting industry trends. Deadweight tonnage (DWT) and fleet management play a crucial role in optimizing operations and maximizing efficiency for chemical tanker owners and operators. Voyage charter agreements, a significant aspect of tanker operations, are influenced by various factors such as freight rates in the spot market and environmental regulations. Sustainable shipping practices, including the adoption of green shipping technologies, are increasingly prioritized. Inert gas systems, emissions reduction measures, and ballast water management are essential components of eco-friendly tanker design. Navigation systems and crew training are integral to ensuring safe and efficient voyages.

Maritime insurance, a critical aspect of tanker operations, covers various risks, including oil spills and maritime security threats. Tanker recycling is another area of focus, with a growing emphasis on sustainable practices and adherence to international regulations. Fuel efficiency is a continuous concern, with LNG fuel and other alternative energy sources gaining popularity. Cargo management, from handling to insurance, is an essential aspect of tanker operations, requiring advanced cargo pumps and safety equipment. Flag state regulations and port state control play a significant role in ensuring compliance with international maritime standards. Tanker pools and time charters offer flexibility in managing fleet capacity and optimizing revenue.

Anti-piracy measures and fire fighting systems are essential safety features for tanker vessels. Big data and advanced analytics are transforming tanker operations, from voyage planning to maintenance and fleet management. Continuous innovation and adaptation are essential to staying competitive in the ever-evolving the market.

How is this Chemical Tanker Industry segmented?

The chemical tanker industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Organic chemicals
  Vegetable fats and oils
  Inorganic chemicals
  Others


Type

  Inland
  Coastal
  Deep sea


Vessel Orientation

  IMO 3
  IMO 2
  IMO 1


Geography

  North America

    US


  Europe

    France
    Germany
    Spain
    The Netherlands


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Product Insights

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

The market is characterized by the implementation of advanced technologies and regulations to ensure safe and efficient transportation of chemicals. Voyage planning and navigation systems play a crucial role in optimizing routes and reducing fuel consumption. Inert gas systems and fire fighting systems are essential safety features in chemical tankers, while crew training and maritime security measures ensure the safety of personnel and cargo. IMO regulations mandate double hulls and strict emissions reduction measures, including the use of LNG fuel and ballast water management systems. Cargo management systems help monitor and control the temperature and pressure of chemicals during transportation.

Tank cleaning and anti-piracy measures are also essential to maintain the integrity of the cargo and protect against potential threats. Tanker design and fleet management are key areas of focu

Black Diamond reported 4.26M in Stock for its fiscal quarter ending in December of 2024. Data for Black Diamond | BDI - Stock including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Black Diamond reported CAD660.08M in Market Capitalization this July of 2025, considering the latest stock price and the number of outstanding shares.Data for Black Diamond | BDI - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Black Diamond reported CAD19.38M in EBIT for its fiscal quarter ending in December of 2024. Data for Black Diamond | BDI - Ebit including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Frequency table of participants scoring within each clinical diagnostic level of the BDI and BAI.

Black Diamond reported CAD748.55M in Assets for its fiscal quarter ending in December of 2024. Data for Black Diamond | BDI - Assets including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Black Diamond reported 62.04M in Outstanding Shares in January of 2025. Data for Black Diamond | BDI - Outstanding Shares including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Black Diamond reported CAD13.32M in Cash and Equivalent for its fiscal quarter ending in December of 2024. Data for Black Diamond | BDI - Cash And Equivalent including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Black Diamond reported CAD112.72M in Operating Expenses for its fiscal quarter ending in December of 2024. Data for Black Diamond | BDI - Operating Expenses including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Title: Projet de recherches minières BDI-77/003 - Scale: 50000 - Fig19 - Sheet number/Numéro de feuille/Bladnummer: S4/29SE4

Title: Recherche minière BDI-77/003: prospection géochimique - Scale: 10000 - Sheet number/Numéro de feuille/Bladnummer: planche 4

Black Diamond reported 1.56 in Dividend Yield for its fiscal quarter ending in March of 2025. Data for Black Diamond | BDI - Dividend Yield including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Black Diamond reported 485 in Employees for its fiscal quarter ending in December of 2023. Data for Black Diamond | BDI - Employees Total Number including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Black Diamond reported CAD16.17M in Pre-Tax Profit for its fiscal quarter ending in December of 2024. Data for Black Diamond | BDI - Pre Tax Profit including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Title: Projet BDI-81/007 - Scale: 5000 - Rutovu-Mutangaro - Sheet number/Numéro de feuille/Bladnummer: Fig 8