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Seaborne Logistics · CommodityScope Freight Indices

CommodityScope MR Freight Index

2,435.85 points

▼ −1.50%

Base: 1,000 on 1 Sep 2026 · CS Series: CS-TFI-MR · Updated 30 October 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 SeriesTrade laneBasisWeight
CS-TFR-CLN-USGC-UKC-MR-38US Gulf Coast → UK ContinentMR 38kt25%
CS-TFR-CLN-MED-MED-MR-30Mediterranean → MediterraneanMR 30kt25%
CS-TFR-CLN-AG-JPN-MR-35Arabian Gulf → JapanMR 35kt25%
CS-TFR-CLN-UKC-USAC-MR-37UK Continent → US Atlantic CoastMR 37kt25%

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.

DateIndex (points)1D Change
30 Oct 20262,435.85−1.50%
29 Oct 20262,473.01−1.29%
28 Oct 20262,505.36−0.61%
27 Oct 20262,520.73+1.07%
26 Oct 20262,493.96+2.48%
23 Oct 20262,433.55+5.48%
22 Oct 20262,307.19+3.52%
21 Oct 20262,228.68+3.10%
20 Oct 20262,161.58−0.10%
19 Oct 20262,163.86+0.17%

Daily Change

The MR Freight Index fell 1.50% to 2,435.85 points on 30 October 2026, from 2,473.01 points at the previous assessment.

Monthly Statistics

MonthAverageLowHighObservations
October 2026 · month to date2,148.781,822.712,520.7322
September 20261,249.251,000.001,868.3322

The latest value is 95.0% above the September 2026 average of 1,249.25 points.

Highest and lowest published index values over the available history since the series base date. Highest: 2,520.73 on 27 Oct 2026. Lowest: 1,000.00 on 1 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.

RouteWeightIndex-date returnContributionAssessment date
US Gulf Coast → UK ContinentMR 38kt25%−5.05%−1.26 pp30 Oct 2026
Mediterranean → MediterraneanMR 30kt25%−0.96%−0.24 pp30 Oct 2026
Arabian Gulf → JapanMR 35kt25%0.00%0.00 pp30 Oct 2026
UK Continent → US Atlantic CoastMR 37kt25%0.00%0.00 pp30 Oct 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-MR

Full CommodityScope Tanker Freight Index Methodology →

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.

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