Dirty Tankers · CommodityScope Indicative Freight Assessments · Americas
US Gulf Coast to Singapore Freight Rates — Suezmax, VLCC
- CommodityScope Indicative Assessment
- CS Series CS-TFR-DRT-USGC-SIN-VLCC-270 + 1 related series on this page
- Dirty Tanker Freight Methodology v1.0
- View full Series Specification
The featured CommodityScope assessment is $233.33/mt for VLCC cargoes of 270,000 mt as of 2 November 2026, up $5.55/mt from the previous assessment. Separate Suezmax and VLCC assessments are shown below. The featured value is not a lane-wide average.
Latest freight rate
- Suezmax · 130,000 mt$223.08/mt
- VLCC · 270,000 mt$233.33/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 basis | Assessment (USD/mt) | Change (USD/mt) | 30D observed range (USD/mt) | Assessment date |
|---|---|---|---|---|
| Suezmax · 130,000 mt | 223.08 | 0.00 | 203.85–292.31 | 2 Nov 2026 |
| VLCC · 270,000 mtFeatured | 233.33 | +5.55 | 209.26–296.30 | 2 Nov 2026 |
What These Assessments Measure
CommodityScope publishes separate indicative spot freight assessments for dirty tanker cargoes from the US Gulf Coast loading area to Singapore.
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: US Gulf Coast
- Discharge area: Singapore
- Vessel classes: Suezmax, VLCC
- Cargo bases: 130,000 mt; 270,000 mt
- Primary assessment unit: USD/mt
- Assessment type:
- CommodityScope Indicative Assessment
- Methodology:
- Dirty Tanker Freight Methodology v1.0
- Series Specification:
- CS-TFR-DRT-USGC-SIN-VLCC-270
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.
| Date | Suezmax · 130,000 mt | VLCC · 270,000 mt |
|---|---|---|
| 2 Nov 2026 | 223.08 | 233.33 |
| 30 Oct 2026 | 223.08 | 227.78 |
| 29 Oct 2026 | 223.08 | 222.22 |
| 28 Oct 2026 | 219.23 | 211.11 |
| 27 Oct 2026 | 219.23 | 211.11 |
| 26 Oct 2026 | 223.08 | 209.26 |
| 23 Oct 2026 | 223.08 | 209.26 |
| 22 Oct 2026 | 230.77 | 212.96 |
| 21 Oct 2026 | 253.85 | 216.67 |
| 20 Oct 2026 | 261.54 | 227.78 |
| 19 Oct 2026 | 269.23 | 237.04 |
| 16 Oct 2026 | 276.92 | 253.70 |
| 15 Oct 2026 | 276.92 | 259.26 |
| 14 Oct 2026 | 276.92 | 274.07 |
| 13 Oct 2026 | 292.31 | 285.19 |
| 12 Oct 2026 | 292.31 | 292.59 |
| 9 Oct 2026 | 292.31 | 296.30 |
| 8 Oct 2026 | 292.31 | 296.30 |
| 7 Oct 2026 | 284.62 | 296.30 |
| 6 Oct 2026 | 276.92 | 237.04 |
| 5 Oct 2026 | 203.85 | 222.22 |
| 2 Oct 2026 | 200.00 | 214.81 |
| 1 Oct 2026 | 192.31 | 188.89 |
| 30 Sep 2026 | 176.92 | 181.48 |
| 29 Sep 2026 | 171.15 | 181.48 |
| 28 Sep 2026 | 171.15 | 183.33 |
| 25 Sep 2026 | 169.23 | 185.19 |
| 24 Sep 2026 | 169.23 | 185.19 |
| 23 Sep 2026 | 173.08 | 190.74 |
| 22 Sep 2026 | 176.92 | 190.74 |
Computed Summary — VLCC · 270,000 mt
Calculated by CommodityScope from the USD/mt observations of VLCC · 270,000 mt only. These statistics do not combine Suezmax and VLCC assessments. Each statistic states its observation period and calculation method.
The latest assessment of $233.33/mt on 2 November 2026 is $5.55/mt (+2.4%) above the previous assessment of $227.78/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.
Across the 44 available observations from 1 September 2026 to 2 November 2026, the highest assessment was $296.30/mt on 7 October. The lowest was $87.04/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.
The latest assessment is 3.2% below the October 2026 average of $240.99/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 — 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 |
|---|---|---|---|---|
| November 2026Month to date | 233.33 | 233.33 | 233.33 | 1 |
| October 2026 | 240.99 | 188.89 | 296.30 | 22 |
| September 2026 | 152.49 | 87.04 | 190.74 | 21 |
Related Crude Oil Prices & Delivered Costs
Delivered-cost figures below use regional freight proxy scenarios and are not published CIF assessments.
Related Trade Lanes
Explore other freight markets. Compare cargo type, vessel class, cargo basis and assessment date before comparing displayed rates.
| Related lane | Available series / featured basis | Latest (USD/mt) | Date |
|---|---|---|---|
| Caribbean → Singapore | 1 series · VLCC · 270,000 mt | 229.63 | 2 Nov 2026 |
| Arabian Gulf → Singapore | 1 series · VLCC · 270,000 mt | 175.46 | 2 Nov 2026 |
| Rotterdam → Singapore | 1 series · VLCC · 270,000 mt | 229.26 | 2 Nov 2026 |
| US Gulf Coast → China | 1 series · VLCC · 270,000 mt | 237.04 | 2 Nov 2026 |
| US Gulf Coast → Mediterranean | 3 series · featured VLCC · 270,000 mt | 114.81 | 2 Nov 2026 |
| US Gulf Coast → UK Continent | 3 series · featured VLCC · 270,000 mt | 114.81 | 2 Nov 2026 |
| East Coast India → Singapore | 1 series · MR · 40,000 mt | 33.75 | 2 Nov 2026 |
| Indonesia → Singapore | 1 series · Aframax · 80,000 mt | 22.81 | 2 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 · 130,000 mt
- CS-TFR-DRT-USGC-SIN-SUEZMAX-130
- VLCC · 270,000 mt
- CS-TFR-DRT-USGC-SIN-VLCC-270
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.