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Dirty Tankers · CommodityScope Indicative Freight Assessments · Americas

US Gulf Coast to UK Continent Dirty Tanker Freight Rates

The featured CommodityScope assessment is $114.81/mt for VLCC cargoes of 270,000 mt as of 2 November 2026, unchanged from the previous assessment. Separate Aframax, Suezmax and VLCC assessments are shown below. The featured value is not a lane-wide average.

Featured Assessment — VLCC · 270,000 mt
$114.81/mt
Unchanged vs previous assessment
Assessment Date
2 November 2026
44 assessment dates available since 1 September 2026
Trade Lane
US Gulf Coast → UK Continent
3 assessment bases · Aframax, Suezmax, VLCC
  • Aframax · 70,000 mt$139.72/mt
  • Suezmax · 145,000 mt$122.28/mt
  • VLCC · 270,000 mt$114.81/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
Aframax · 70,000 mt139.72−7.35135.51–210.102 Nov 2026
Suezmax · 145,000 mt122.28−2.04122.28–177.312 Nov 2026
VLCC · 270,000 mtFeatured114.810.00107.41–155.562 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 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: US Gulf Coast
  • Discharge area: UK Continent
  • Vessel classes: Aframax, Suezmax, VLCC
  • Cargo bases: 70,000 mt; 145,000 mt; 270,000 mt
  • Primary assessment unit: USD/mt
Assessment type:
CommodityScope Indicative Assessment
Series Specification:
CS-TFR-DRT-USGC-UKC-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.

DateAframax · 70,000 mtSuezmax · 145,000 mtVLCC · 270,000 mt
2 Nov 2026139.72122.28114.81
30 Oct 2026147.07124.32114.81
29 Oct 2026147.07125.34111.11
28 Oct 2026150.22127.38107.41
27 Oct 2026158.10128.39107.41
26 Oct 2026152.32132.47107.41
23 Oct 2026152.32137.57107.41
22 Oct 2026150.22137.57107.41
21 Oct 2026135.51140.62109.26
20 Oct 2026136.57152.85114.81

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 Aframax, Suezmax and VLCC assessments. Each statistic states its observation period and calculation method.

  1. The latest assessment of $114.81/mt on 2 November 2026 is unchanged from the previous assessment of $114.81/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 44 available observations from 1 September 2026 to 2 November 2026, the highest assessment was $155.56/mt on 8 October. The lowest was $48.15/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% below the October 2026 average of $125.67/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.

MonthAverageMinimumMaximumObservations
November 2026Month to date114.81114.81114.811
October 2026125.67101.85155.5622
September 202680.8248.15100.0021

Supporting Indicators for This Lane

Indicative series maintained for the same loading and discharge areas. Each is a separate series with its own basis; none is an input to, or an average of, the assessments above.

Carbon Emission Charge

CommodityScope Modelled Indicator

Modelled carbon emission charge for the voyage in USD/mt and, where available, the carbon-exclusive freight level. Each is a separate series and not an input to the assessments above.

US Gulf Coast → UK Continent · Aframax · 70,000 mt$3.39/mt · 2 Nov 2026
US Gulf Coast → UK Continent · Aframax · 70,000 mt$136.33/mt · 2 Nov 2026

Related Crude Oil Prices & Delivered Costs

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

WTI Midland · Aframax

Indicative delivered cost: $117.74/bbl · 2 Nov 2026

Regional freight basis

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: US Gulf Coast to UK Continent Clean Freight Rates — MR, LR1 · MR · 38,000 mt; LR1 · 60,000 mt.

Related laneAvailable series / featured basisLatest (USD/mt)Date
Brazil → UK Continent1 series · Suezmax · 130,000 mt142.902 Nov 2026
Caribbean → UK Continent2 series · featured Suezmax · 145,000 mt115.022 Nov 2026
East Coast Mexico → UK Continent1 series · Aframax · 70,000 mt139.122 Nov 2026
Guyana → UK Continent1 series · Suezmax · 130,000 mt118.612 Nov 2026
Arabian Gulf → UK Continent2 series · featured VLCC · 280,000 mt176.142 Nov 2026
Baltic → UK Continent2 series · featured Aframax · 100,000 mt76.172 Nov 2026
UK Continent → UK Continent1 series · Aframax · 80,000 mt59.532 Nov 2026
Mediterranean → UK Continent2 series · featured Suezmax · 135,000 mt95.612 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:

Aframax · 70,000 mt
CS-TFR-DRT-USGC-UKC-AFRAMAX-70
Suezmax · 145,000 mt
CS-TFR-DRT-USGC-UKC-SUEZMAX-145
VLCC · 270,000 mt
CS-TFR-DRT-USGC-UKC-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.

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