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Dirty Tankers · CommodityScope Indicative Freight Assessments · West of Suez

Black Sea to West Coast India Dirty Freight Rates — Suezmax

The featured CommodityScope assessment is $192.86/mt for Suezmax cargoes of 140,000 mt as of 2 November 2026, down $7.14/mt from the previous assessment. This is the only assessment basis on this lane.

Featured Assessment — Suezmax · 140,000 mt
$192.86/mt
−7.14 USD/mt vs previous assessment
Assessment Date
2 November 2026
45 assessment dates available since 1 September 2026
Trade Lane
Black Sea → West Coast India
1 assessment basis · Suezmax
  • Suezmax · 140,000 mt$192.86/mt

USD/mt. 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
Suezmax · 140,000 mtFeatured192.86−7.14178.57–271.432 Nov 2026

What These Assessments Measure

CommodityScope publishes separate indicative spot freight assessments for dirty tanker cargoes from the Black Sea loading area to West Coast India.

This page covers Suezmax cargoes of 140,000 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: Black Sea
  • Discharge area: West Coast India
  • Vessel classes: Suezmax
  • Cargo bases: 140,000 mt
  • Primary assessment unit: USD/mt
Assessment type:
CommodityScope Indicative Assessment
Series Specification:
CS-TFR-DRT-BLS-WCI-SUEZMAX-140

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. All values are shown in USD/mt. Dates without available assessments are omitted.

DateSuezmax · 140,000 mt
2 Nov 2026192.86
30 Oct 2026200.00
29 Oct 2026211.79
28 Oct 2026210.71
27 Oct 2026216.07
26 Oct 2026235.71
23 Oct 2026217.86
22 Oct 2026232.14
21 Oct 2026246.43
20 Oct 2026253.57

Computed Summary — Suezmax · 140,000 mt

Calculated by CommodityScope from the USD/mt observations of Suezmax · 140,000 mt only. Each statistic states its observation period and calculation method.

  1. The latest assessment of $192.86/mt on 2 November 2026 is $7.14/mt (-3.6%) below the previous assessment of $200.00/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 $271.43/mt on 16 October. The lowest was $89.29/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 16.3% below the October 2026 average of $230.49/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 — Suezmax · 140,000 mt (USD/mt)

Arithmetic average, minimum and maximum of the available daily USD/mt assessments for Suezmax · 140,000 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 date192.86192.86192.861
October 2026230.49148.57271.4322
September 2026123.9389.29148.5722

Related Crude Oil Prices & Delivered Costs

Delivered-cost figures below use regional freight proxy scenarios and are not published CIF assessments.

Urals Novorossiysk · Suezmax

Indicative delivered cost: $116.66/bbl · 2 Nov 2026

Regional freight basis

CPC Blend · Suezmax

Indicative delivered cost: $119.90/bbl · 17 Sep 2026

Regional freight basis

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

Related laneAvailable series / featured basisLatest (USD/mt)Date
Arabian Gulf → West Coast India2 series · featured VLCC · 265,000 mt96.922 Nov 2026
Black Sea → Far East1 series · Suezmax · 135,000 mt235.192 Nov 2026
Black Sea → Mediterranean4 series · featured Suezmax · 140,000 mt74.492 Nov 2026
Black Sea → US Atlantic Coast1 series · Suezmax · 135,000 mt82.422 Nov 2026
Black Sea → US Gulf Coast1 series · Suezmax · 135,000 mt95.012 Nov 2026
Baltic → West Coast India1 series · Aframax · 100,000 mt157.502 Nov 2026
West Africa → West Coast India1 series · VLCC · 260,000 mt175.962 Nov 2026
Caribbean → West Coast India1 series · VLCC · 270,000 mt229.632 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:

Suezmax · 140,000 mt
CS-TFR-DRT-BLS-WCI-SUEZMAX-140

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

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