Dirty Tankers · CommodityScope Indicative Freight Assessments · East of Suez
Arabian Gulf to Singapore Dirty Tanker Freight Rates
The featured CommodityScope assessment is $165.05/mt for VLCC cargoes of 270,000 mt as of 17 September 2026, up $4.85/mt from the previous assessment. This is the only assessment basis on this lane.
Featured assessment
Assessments by Vessel and Cargo Basis
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. Available history currently covers 13 assessment dates from 1 to 17 September 2026, rather than a complete 30-day record.
| Vessel / cargo basis | Assessment (USD/mt) | Change (USD/mt) | 30D observed range (USD/mt) | Assessment date |
|---|---|---|---|---|
| VLCC · 270,000 mtFeatured | 165.05 | +4.85 | 92.93–165.05 | 17 Sep 2026 |
What These Assessments Measure
CommodityScope publishes separate indicative spot freight assessments for dirty tanker cargoes from the Arabian Gulf loading area to Singapore.
This page covers VLCC cargoes of 270,000 mt. It is maintained as a distinct series under the CommodityScope methodology.
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: Singapore
- Vessel classes: VLCC
- Cargo bases: 270,000 mt
- Primary assessment unit: USD/mt
- Assessment type:
- CommodityScope Indicative Assessment
- Methodology:
- CommodityScope Market Assessment Methodology
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 13 assessment dates. All values are shown in USD/mt. Dates without available assessments are omitted.
| Date | VLCC · 270,000 mt |
|---|---|
| 17 Sep 2026 | 165.05 |
| 16 Sep 2026 | 160.20 |
| 15 Sep 2026 | 146.33 |
| 14 Sep 2026 | 139.39 |
| 11 Sep 2026 | 117.90 |
| 10 Sep 2026 | 110.96 |
| 9 Sep 2026 | 106.80 |
| 8 Sep 2026 | 100.56 |
| 7 Sep 2026 | 99.17 |
| 4 Sep 2026 | 98.48 |
| 3 Sep 2026 | 95.70 |
| 2 Sep 2026 | 94.32 |
| 1 Sep 2026 | 92.93 |
Computed Summary — VLCC · 270,000 mt
Calculated by CommodityScope from the USD/mt observations of VLCC · 270,000 mt only. Each statistic states its observation period and calculation method.
The latest assessment of $165.05/mt on 17 September 2026 is $4.85/mt (+3.0%) above the previous assessment of $160.20/mt on 16 September 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.
Across the 13 available observations from 1 to 17 September 2026, the highest assessment was $165.05/mt on 17 September. The lowest was $92.93/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.
No completed calendar month meeting the minimum of eight observations is available, so a comparison with a completed-month average is not shown.
Method: A completed-month comparison requires a finished calendar month with at least eight daily observations.
Monthly Statistics — VLCC · 270,000 mt (USD/mt)
Arithmetic average, minimum and maximum of the available daily USD/mt assessments for VLCC · 270,000 mt within each calendar month. Observation counts are shown. The current month is marked month to date and is not a completed-month result.
| Month | Average | Minimum | Maximum | Observations |
|---|---|---|---|---|
| September 2026Month to date | 117.52 | 92.93 | 165.05 | 13 |
Freight by Cargo Type — Arabian Gulf → Singapore
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 type | Assessment | Change | 30D observed range | Assessment date |
|---|---|---|---|---|
| Fuel oil 180 CST | 121.01 USD/mt | +5.59 | 76.95 – 121.01 | 17 Sep 2026 |
| Fuel oil 380 CST | 121.01 USD/mt | +5.59 | 76.95 – 121.01 | 17 Sep 2026 |
| Date | Fuel oil 180 CST USD/mt | Fuel oil 380 CST USD/mt |
|---|---|---|
| 2026-09-17 | 121.01 | 121.01 |
| 2026-09-16 | 115.42 | 115.42 |
| 2026-09-15 | 114.72 | 114.72 |
| 2026-09-14 | 108.42 | 108.42 |
| 2026-09-11 | 104.93 | 104.93 |
| 2026-09-10 | 96.53 | 96.53 |
| 2026-09-09 | 94.43 | 94.43 |
| 2026-09-08 | 90.94 | 90.94 |
| 2026-09-07 | 89.54 | 89.54 |
| 2026-09-04 | 89.54 | 89.54 |
| 2026-09-03 | 83.94 | 83.94 |
| 2026-09-02 | 82.54 | 82.54 |
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 · 17 September 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
VLCC · 270,000 mt · Ras Tanura → Singapore
Freight $165.05/mt · Fujairah bunkers
| Voyage item | Non-Eco | Eco scrubber |
|---|---|---|
| Gross freight | $44,563,500 | $44,563,500 |
| Commission | $1,114,088 | $1,114,088 |
| Fuel cost | $2,106,300 | $1,144,264 |
| Voyage costs | $250,000 | $250,000 |
| Net voyage revenue | $41,093,113 | $42,055,148 |
| Voyage days | 28.98 | 28.98 |
Profile v1.0 · weather 5% · commission 2.5% · bunkers as of 17 Sep 2026.TCE methodology
Related Trade Lanes
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 Singapore Clean Tanker Freight Rates · MR · 35,000 mt; LR1 · 55,000 mt; LR2 · 80,000 mt.
| Related lane | Available series / featured basis | Latest (USD/mt) | Date |
|---|---|---|---|
| Arabian Gulf → China | 1 series · VLCC · 270,000 mt | 237.01 | 17 Sep 2026 |
| Arabian Gulf → Far East | 1 series · VLCC · 270,000 mt | 246.13 | 17 Sep 2026 |
| Arabian Gulf → Japan | 1 series · VLCC · 270,000 mt | 255.36 | 17 Sep 2026 |
| Arabian Gulf → Mediterranean | 2 series · featured VLCC · 280,000 mt | 120.04 | 17 Sep 2026 |
| Arabian Gulf → Red Sea | 2 series · featured VLCC · 270,000 mt | 148.61 | 17 Sep 2026 |
| Arabian Gulf → South Korea | 1 series · VLCC · 270,000 mt | 240.88 | 17 Sep 2026 |
| Arabian Gulf → UK Continent | 2 series · featured VLCC · 280,000 mt | 165.78 | 17 Sep 2026 |
| Arabian Gulf → US Gulf Coast | 2 series · featured VLCC · 280,000 mt | 240.28 | 17 Sep 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:
- VLCC · 270,000 mt
- CS-TFR-DRT-AG-SIN-VLCC-270
- Fuel oil 180 CST
- CS-FRT-HSFO180-AG-SIN
- Fuel oil 380 CST
- CS-FRT-HSFO380-AG-SIN
CommodityScope Indicative Assessment. See the CommodityScope Market Assessment Methodology for assessment definitions and statistical methods. Demurrage indicators are on the tanker demurrage page.