Date, end- | Tanker sector profits $ billion | Profits dry cargo sector $ billion |
1997 | 23 | 8 |
1998 | 20 | 5 low |
1999 | 10 low | 5 low |
2000 | 35 | 10.5 |
2001 | 40 1st peak | ~10 |
2002 | 11 | 7 |
2003 | 44 | 22 |
2004 | 71 2nd peak | 48 1st peak |
2005 | 56 | 32 |
2006 | 58 | 40 |
2007 | 50 | 74 2nd peak |
Total | $381b | $238b (63% of tankers) |