Oldendorff Centenary Book - Flipbook - Page 89
7.070
Baltic Dry Index
1996
1998
2000
2002
2006
2008
2003-2008
Bulk shipping market boom.
OC selling 92 ships at high
prices totalling $1.9 billion
during the boom
2010
2012
2014
2004
2005
1.353
1.353
1.145
2016
92 vessels sold
2003
673
718
1.105
920
2004
1.206
1.549
1.926
2.758
1.137
1.217
1.608
1.063
945
1.336
1.314
2.617
3.371
2.617
4.510
3.180
6.390
The Baltic Dry Index is reported daily
by the Baltic Exchange in London.
The index provides a benchmark for
the price of moving the major raw
materials by sea.
The Baltic Dry Index takes into
account 23 different shipping routes
carrying coal, iron ore, grains and
many other dry bulk commodities.
2018
1.9 Bn
2006
2007
2008
Vessels owned & BB chartered
51
36
1995
1997
70
61
43
2003
2008
2013
85
2020
119
121
2018
2021
