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Clean Tankers · CommodityScope Indicative Freight Assessments · East of Suez

Arabian Gulf to Japan Clean Freight Rates — MR, LR1, LR2

The featured CommodityScope assessment is $235.43/mt for LR2 cargoes of 75,000 mt as of 30 October 2026, unchanged from the previous assessment. Separate MR, LR1 and LR2 assessments are shown below. The featured value is not a lane-wide average.

Featured Assessment — LR2 · 75,000 mt
$235.43/mt
Unchanged vs previous assessment
Assessment Date
30 October 2026
44 assessment dates available since 1 September 2026
Trade Lane
Arabian Gulf → Japan
3 assessment bases · MR, LR1, LR2
  • MR · 35,000 mt$217.66/mt
  • LR1 · 55,000 mt$228.76/mt
  • LR2 · 75,000 mt$235.43/mt

USD/mt. Each line is one vessel and cargo basis. Calendar gaps are not interpolated.

Rates by vessel and cargo

Each row is a separate USD/mt assessment for its own vessel class and cargo basis. The featured series supplies the headline value and the computed summary and monthly statistics below; it is not an average of the assessments on this lane.

Changes compare consecutive available assessments of the same series. The 30D range shows the minimum and maximum of available USD/mt observations within the trailing 30 calendar days.

Vessel / cargo basisAssessment (USD/mt)Change (USD/mt)30D observed range (USD/mt)Assessment date
MR · 35,000 mt217.660.00188.79–229.8730 Oct 2026
LR1 · 55,000 mt228.760.00199.89–237.6530 Oct 2026
LR2 · 75,000 mtFeatured235.430.00198.78–244.3130 Oct 2026

What These Assessments Measure

CommodityScope publishes separate indicative spot freight assessments for clean petroleum product cargoes from the Arabian Gulf loading area to Japan.

Vessel class and cargo bases are listed in the table above. Each is a distinct series; the featured assessment is not a lane-wide average.

Each assessment represents CommodityScope's estimate of the freight market level for its stated basis on the assessment date. It is not a vessel-specific offer, confirmed fixture or agreed charter-party rate.

Assessment Basis

  • Loading area: Arabian Gulf
  • Discharge area: Japan
  • Vessel classes: MR, LR1, LR2
  • Cargo bases: 35,000 mt; 55,000 mt; 75,000 mt
  • Primary assessment unit: USD/mt
Assessment type:
CommodityScope Indicative Assessment
Series Specification:
CS-TFR-CLN-AG-JPN-LR2-75

Contract-Specific Terms Not Specified

  • Named vessel and charterer
  • Shipment-specific laycan
  • Agreed loading and discharge terms
  • Contractual demurrage terms

These assessments do not establish the terms of a particular fixture. Terms not included in the stated assessment basis are not inferred. Separate demurrage indicators are available on the tanker demurrage page.

Units and Assessment Frequency

  • USD/mt of cargo is the assessment unit for every freight series on this page.
  • These are daily assessment series. Changes compare consecutive available assessments of the same series; the interval may span more than one calendar day.

CommodityScope Assessment History

Latest 30 assessment dates, with a separate column for each vessel and cargo basis. All values are shown in USD/mt. Dates without available assessments are omitted. Series histories are not combined or averaged across vessel classes or cargo bases.

DateMR · 35,000 mtLR1 · 55,000 mtLR2 · 75,000 mt
30 Oct 2026217.66228.76235.43
29 Oct 2026217.66228.76235.43
28 Oct 2026222.10233.21239.87
27 Oct 2026227.65237.65244.31
26 Oct 2026229.87237.65244.31
23 Oct 2026229.87237.65244.31
22 Oct 2026229.87237.65244.31
21 Oct 2026225.43233.21239.87
20 Oct 2026225.43227.65234.32
19 Oct 2026214.33217.66224.32

Market system

Computed Summary — LR2 · 75,000 mt

Calculated by CommodityScope from the USD/mt observations of LR2 · 75,000 mt only. These statistics do not combine MR, LR1 and LR2 assessments. Each statistic states its observation period and calculation method.

  1. The latest assessment of $235.43/mt on 30 October 2026 is unchanged from the previous assessment of $235.43/mt on 29 October 2026.

    Method: Absolute change equals the latest assessment minus the previous available assessment. Percentage change equals that difference divided by the previous assessment, multiplied by 100. The two observations are one calendar day apart.

  2. Across the 44 available observations from 1 September 2026 to 30 October 2026, the highest assessment was $244.31/mt on 22 October. The lowest was $106.61/mt on 3 September.

    Method: Minimum and maximum of the available assessments within the stated period. These are extrema of the available history, not all-time market records.

  3. The latest assessment is 51.2% above the September 2026 average of $155.67/mt, the most recent completed month with 22 daily observations.

    Method: Arithmetic mean of the daily assessments in September 2026. Months still in progress are excluded from this comparison.

Monthly Statistics — LR2 · 75,000 mt (USD/mt)

Arithmetic average, minimum and maximum of the available daily USD/mt assessments for LR2 · 75,000 mt within each calendar month. Observation counts are shown. The current month is marked month to date and is not a completed-month result.

MonthAverageMinimumMaximumObservations
October 2026Month to date225.23198.78244.3122
September 2026155.67106.61205.4422

Freight by Cargo Type — Arabian Gulf → Japan

Separate CommodityScope assessments of freight for named cargo types on this lane, expressed in the unit the product trades in (USD/mt). Each row is its own series; these values are not converted to USD/mt and are not inputs to the vessel-class assessments above. Changes compare consecutive available assessments; the 30D range covers the trailing 30 calendar days.

Cargo typeAssessmentChange30D observed rangeAssessment date
Naphtha · LR2263.17 USD/mtUnchanged222.23 – 273.092 Nov 2026
Naphtha267.89 USD/mtUnchanged234.10 – 278.292 Nov 2026
DateNaphtha · LR2
USD/mt
Naphtha
USD/mt
2026-11-02263.17267.89
2026-10-30263.17267.89
2026-10-29263.17267.89
2026-10-28268.13273.09
2026-10-27273.09278.29
2026-10-26273.09278.29
2026-10-23273.09278.29
2026-10-22273.09278.29
2026-10-21268.13273.09
2026-10-20261.93266.59

Latest twelve assessment dates. Columns keep their own unit; values in USD/bbl and USD/mt are not comparable with each other.

CommodityScope Modelled TCE · 30 October 2026

CommodityScope Modelled Indicators

Net daily earnings implied by the CommodityScope freight assessment on this lane after commission, bunkers and stated voyage costs. Two standard vessel profiles use the same freight rate and the same speed; they differ by consumption and fuel basis. This is not a fixture or a vessel-specific earnings statement.All modelled TCE

LR1 · 55,000 mt · Ras Tanura → Yokohama

Freight $228.76/mt · Fujairah bunkers

Non-Eco
$232,566/day
−607 vs previous
Eco scrubber
$246,968/day
−617 vs previous
Voyage itemNon-EcoEco scrubber
Gross freight$12,581,800$12,581,800
Commission$314,545$314,545
Fuel cost$1,489,351$830,451
Voyage costs$138,000$138,000
Net voyage revenue$10,639,904$11,298,804
Voyage days45.7545.75

LR2 · 75,000 mt · Ras Tanura → Yokohama

Freight $235.43/mt · Fujairah bunkers

Non-Eco
$319,801/day
−760 vs previous
Eco scrubber
$337,216/day
−792 vs previous
Voyage itemNon-EcoEco scrubber
Gross freight$17,657,250$17,657,250
Commission$441,431$441,431
Fuel cost$1,926,326$1,103,005
Voyage costs$170,000$170,000
Net voyage revenue$15,119,493$15,942,814
Voyage days47.2847.28

MR · 35,000 mt · Ras Tanura → Yokohama

Freight $217.66/mt · Fujairah bunkers

Non-Eco
$134,942/day
−455 vs previous
Eco scrubber
$145,624/day
−466 vs previous
Voyage itemNon-EcoEco scrubber
Gross freight$7,618,100$7,618,100
Commission$190,453$190,453
Fuel cost$1,116,030$627,332
Voyage costs$138,000$138,000
Net voyage revenue$6,173,617$6,662,315
Voyage days45.7545.75

Profile v1.0 · weather 5% · commission 2.5% · bunkers as of 30 Oct 2026.Voyage TCE Model Methodology

Explore other freight markets. Compare cargo type, vessel class, cargo basis and assessment date before comparing displayed rates.

Same origin and destination, different cargo market: Arabian Gulf to Japan Dirty Tanker Freight Rates — VLCC · VLCC · 270,000 mt.

Related laneAvailable series / featured basisLatest (USD/mt)Date
Gulf of Oman → Japan3 series · featured LR2 · 75,000 mt86.3630 Oct 2026
Red Sea → Japan2 series · featured LR1 · 55,000 mt245.7830 Oct 2026
Singapore → Japan1 series · MR · 30,000 mt58.3630 Oct 2026
South Korea → Japan1 series · MR · 30,000 mt46.6730 Oct 2026
West Coast India → Japan1 series · MR · 35,000 mt88.6430 Oct 2026
Arabian Gulf → East Africa2 series · featured LR2 · 90,000 mt107.4330 Oct 2026
Arabian Gulf → Mediterranean3 series · featured LR2 · 90,000 mt217.7830 Oct 2026
Arabian Gulf → Singapore3 series · featured LR2 · 80,000 mt149.4330 Oct 2026

How to Interpret These Assessments

CommodityScope freight assessments represent indicative spot market levels for the stated route, vessel class and cargo basis. They are not vessel offers or confirmed fixtures. Actual freight may differ by exact ports, vessel specification, laycan and charter-party terms.

Use for

Tracking freight trends and comparing matching vessel/cargo bases.

Not intended for

Confirming vessel availability or replacing a firm freight quotation.

Data details

Freight series identifiers for the assessments on this page:

MR · 35,000 mt
CS-TFR-CLN-AG-JPN-MR-35
LR1 · 55,000 mt
CS-TFR-CLN-AG-JPN-LR1-55
LR2 · 75,000 mt
CS-TFR-CLN-AG-JPN-LR2-75
Naphtha · LR2
CS-FRT-NAPH-AG-JPN-LR2
Naphtha
CS-FRT-NAPH-AG-JPN

CommodityScope Indicative Assessment. See the Clean Tanker Freight Methodology v1.0 for assessment definitions and statistical methods. Demurrage indicators are on the tanker demurrage page.

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