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Clean Tankers · CommodityScope Indicative Freight Assessments · West of Suez

Baltic to UK Continent Clean Tanker Freight Rates — MR

The featured CommodityScope assessment is $25.08/mt for MR cargoes of 40,000 mt as of 2 November 2026, up $0.26/mt from the previous assessment. Separate MR · 30,000 mt and MR · 40,000 mt assessments are shown below. The featured value is not a lane-wide average.

Featured Assessment — MR · 40,000 mt
$25.08/mt
+0.26 USD/mt vs previous assessment
Assessment Date
2 November 2026
45 assessment dates available since 1 September 2026
Trade Lane
Baltic → UK Continent
2 assessment bases · MR
  • MR · 30,000 mt$53.86/mt
  • MR · 40,000 mt$25.08/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 · 30,000 mt53.860.0034.85–58.082 Nov 2026
MR · 40,000 mtFeatured25.08+0.2620.59–25.342 Nov 2026

What These Assessments Measure

CommodityScope publishes separate indicative spot freight assessments for clean petroleum product cargoes from the Baltic loading area to UK Continent.

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: Baltic
  • Discharge area: UK Continent
  • Vessel classes: MR
  • Cargo bases: 30,000 mt; 40,000 mt
  • Primary assessment unit: USD/mt
Assessment type:
CommodityScope Indicative Assessment
Series Specification:
CS-TFR-CLN-BAL-UKC-MR-40

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 · 30,000 mtMR · 40,000 mt
2 Nov 202653.8625.08
30 Oct 202653.8624.82
29 Oct 202656.5024.82
28 Oct 202657.0225.34
27 Oct 202658.0825.34
26 Oct 202655.9725.34
23 Oct 202653.8624.29
22 Oct 202644.3522.44
21 Oct 202635.3821.65
20 Oct 202634.8521.65

Computed Summary — MR · 40,000 mt

Calculated by CommodityScope from the USD/mt observations of MR · 40,000 mt only. These statistics do not combine MR · 30,000 mt and MR · 40,000 mt assessments. Each statistic states its observation period and calculation method.

  1. The latest assessment of $25.08/mt on 2 November 2026 is $0.26/mt (+1.0%) above the previous assessment of $24.82/mt on 30 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 three calendar days apart.

  2. Across the 45 available observations from 1 September 2026 to 2 November 2026, the highest assessment was $25.34/mt on 26 October. The lowest was $11.62/mt on 1 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 8.6% above the October 2026 average of $23.10/mt, the most recent completed month with 22 daily observations.

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

Monthly Statistics — MR · 40,000 mt (USD/mt)

Arithmetic average, minimum and maximum of the available daily USD/mt assessments for MR · 40,000 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
November 2026Month to date25.0825.0825.081
October 202623.1020.5925.3422
September 202615.0611.6222.1822

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: Baltic to UK Continent Freight Rates — Handysize, Aframax · Handysize · 30,000 mt; Aframax · 100,000 mt.

Related laneAvailable series / featured basisLatest (USD/mt)Date
Black Sea → UK Continent1 series · MR · 30,000 mt115.222 Nov 2026
UK Continent → UK Continent2 series · featured MR · 30,000 mt33.502 Nov 2026
Mediterranean → UK Continent2 series · featured MR · 30,000 mt76.182 Nov 2026
West Africa → UK Continent1 series · MR · 37,000 mt57.092 Nov 2026
Arabian Gulf → UK Continent3 series · featured LR2 · 90,000 mt218.892 Nov 2026
Baltic → East Coast South America1 series · MR · 37,000 mt156.762 Nov 2026
Baltic → Mediterranean1 series · MR · 37,000 mt124.322 Nov 2026
Red Sea → UK Continent3 series · featured LR2 · 90,000 mt160.562 Nov 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 · 30,000 mt
CS-TFR-CLN-BAL-UKC-MR-30
MR · 40,000 mt
CS-TFR-CLN-BAL-UKC-MR-40

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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