Seaborne Logistics · CommodityScope Freight Indices
CommodityScope Aframax Freight Index
2,205.49 points
▼ −13.63%
Base: 1,000 on 1 Sep 2026 · CS Series: CS-TFI-AFRAMAX · Updated 3 November 2026
Constituents
Each constituent is a separately maintained CommodityScope USD/mt freight assessment (CS-TFR). Absolute freight assessments remain on the route pages. The index uses the percentage change of each published assessment, not its absolute USD/mt level.
| CommodityScope Series | Trade lane | Basis | Weight |
|---|---|---|---|
| CS-TFR-DRT-BAL-MED-AFRAMAX-100 | Baltic → Mediterranean | Aframax 100kt | 25% |
| CS-TFR-DRT-USGC-UKC-AFRAMAX-70 | US Gulf Coast → UK Continent | Aframax 70kt | 25% |
| CS-TFR-DRT-CRB-USAC-AFRAMAX-70 | Caribbean → US Atlantic Coast | Aframax 70kt | 25% |
| CS-TFR-DRT-BLS-MED-AFRAMAX-80 | Black Sea → Mediterranean | Aframax 80kt | 25% |
History
Daily index values in points from the published base of 1,000 on 1 Sep 2026. That base date is fixed for this series. 1D change is the percentage move versus the previous published index value.
| Date | Index (points) | 1D Change |
|---|---|---|
| 3 Nov 2026 | 2,205.49 | −13.63% |
| 2 Nov 2026 | 2,553.44 | −6.05% |
| 30 Oct 2026 | 2,717.84 | −0.74% |
| 29 Oct 2026 | 2,738.16 | −2.34% |
| 28 Oct 2026 | 2,803.76 | −2.17% |
| 27 Oct 2026 | 2,865.88 | −2.12% |
| 26 Oct 2026 | 2,927.89 | +0.40% |
| 23 Oct 2026 | 2,916.13 | +1.46% |
| 22 Oct 2026 | 2,874.21 | +6.79% |
| 21 Oct 2026 | 2,691.48 | +0.57% |
| 20 Oct 2026 | 2,676.15 | −0.81% |
| 19 Oct 2026 | 2,698.07 | +0.71% |
| 16 Oct 2026 | 2,678.93 | −10.24% |
| 15 Oct 2026 | 2,984.60 | −5.42% |
| 14 Oct 2026 | 3,155.70 | −3.09% |
| 13 Oct 2026 | 3,256.32 | −1.87% |
| 12 Oct 2026 | 3,318.40 | −0.43% |
| 9 Oct 2026 | 3,332.59 | −0.67% |
| 8 Oct 2026 | 3,355.03 | −0.04% |
| 7 Oct 2026 | 3,356.30 | +3.32% |
| 6 Oct 2026 | 3,248.54 | +3.16% |
| 5 Oct 2026 | 3,149.15 | +9.93% |
| 2 Oct 2026 | 2,864.75 | +17.48% |
| 1 Oct 2026 | 2,438.49 | +4.75% |
| 30 Sep 2026 | 2,328.01 | −1.82% |
| 29 Sep 2026 | 2,371.13 | −0.07% |
| 28 Sep 2026 | 2,372.76 | +2.83% |
| 25 Sep 2026 | 2,307.37 | +5.99% |
| 24 Sep 2026 | 2,177.02 | +7.49% |
| 23 Sep 2026 | 2,025.38 | +6.11% |
| 22 Sep 2026 | 1,908.77 | +0.70% |
| 21 Sep 2026 | 1,895.42 | +8.53% |
| 18 Sep 2026 | 1,746.49 | +3.98% |
| 17 Sep 2026 | 1,679.67 | +3.19% |
| 16 Sep 2026 | 1,627.82 | −3.52% |
| 15 Sep 2026 | 1,687.19 | −1.89% |
| 14 Sep 2026 | 1,719.69 | +4.86% |
| 11 Sep 2026 | 1,640.06 | +12.82% |
| 10 Sep 2026 | 1,453.69 | +29.47% |
| 9 Sep 2026 | 1,122.80 | +12.13% |
| 8 Sep 2026 | 1,001.36 | +1.91% |
| 7 Sep 2026 | 982.64 | +2.01% |
| 4 Sep 2026 | 963.23 | −3.99% |
| 3 Sep 2026 | 1,003.22 | +0.94% |
| 2 Sep 2026 | 993.90 | −0.61% |
| 1 Sep 2026 | 1,000.00 | — |
Daily Change
The Aframax Freight Index fell 13.63% to 2,205.49 points on 3 November 2026, from 2,553.44 points at the previous assessment.
Monthly Statistics
| Month | Average | Low | High | Observations |
|---|---|---|---|---|
| November 2026 · month to date | 2,379.46 | 2,205.49 | 2,553.44 | 2 |
| October 2026 | 2,956.74 | 2,438.49 | 3,356.30 | 22 |
| September 2026 | 1,636.71 | 963.23 | 2,372.76 | 22 |
The latest value is 25.4% below the October 2026 average of 2,956.74 points.
Highest and lowest published index values over the available history since the series base date. Highest: 3,356.30 on 7 Oct 2026. Lowest: 963.23 on 4 Sep 2026.
Constituent Performance
Index-date return of each constituent used in the latest index calculation. A constituent carried forward under the staleness rule is shown as 0.00% for that index date.
| Route | Weight | Index-date return | Contribution | Assessment date |
|---|---|---|---|---|
| Baltic → MediterraneanAframax 100kt | 25% | −26.67% | −6.67 pp | 3 Nov 2026 |
| US Gulf Coast → UK ContinentAframax 70kt | 25% | −11.28% | −2.82 pp | 3 Nov 2026 |
| Caribbean → US Atlantic CoastAframax 70kt | 25% | −14.71% | −3.68 pp | 3 Nov 2026 |
| Black Sea → MediterraneanAframax 80kt | 25% | −1.85% | −0.46 pp | 3 Nov 2026 |
Methodology
- Base value
- 1,000
- Base date
- 1 September 2026
- Calculation frequency
- Daily on scheduled assessment days
- Underlying data
- Published CS-TFR assessments
- Calculation
- Chain-linked weighted changes in constituent assessments
- Weights
- Fixed constituent weights published above
- Constituent review
- Quarterly
- Weight review
- Semi-annual
- CS Series
- CS-TFI-AFRAMAX
Other CommodityScope Tanker Freight Indices
- Clean Tanker Freight Index2,109.38−2.56% · 3 Nov 2026
- Dirty Tanker Freight Index2,619.53−9.88% · 3 Nov 2026
- MR Freight Index2,370.41−2.17% · 3 Nov 2026
- LR1 Freight Index1,902.46−2.38% · 3 Nov 2026
- LR2 Freight Index2,019.54−3.14% · 3 Nov 2026
- Suezmax Freight Index2,819.59−14.54% · 3 Nov 2026
- VLCC Freight Index2,639.30−1.46% · 3 Nov 2026
CommodityScope Tanker Freight Indices are calculated from defined baskets of CommodityScope tanker freight assessment series. Index values are expressed in points and are not direct freight quotations, TCE earnings estimates or contractual settlement benchmarks. See the CommodityScope Methodology Library.