Menu
Seaborne Logistics · Freight Monitor

Tanker TCE Rates — Time Charter Equivalent Earnings

Daily tanker TCE rates show modelled Time Charter Equivalent earnings in USD/day for selected clean and dirty tanker routes. CommodityScope derives each TCE from its published freight assessment and versioned voyage assumptions, with paired non-eco and eco vessel profiles.

What These Values Measure

Each row converts a published CommodityScope USD/mt freight assessment into a modelled TCE in USD/day using the stated vessel profile and versioned voyage assumptions. Freight revenue is adjusted for commission and voyage costs, including bunkers, port costs and the applicable routing assumptions.

Each published TCE profile contains a paired non-eco and eco model snapshot for the same route, cargo basis and profile version. For each route profile, the non-eco and eco cases use the same freight assessment and the same voyage-speed assumption. They differ by consumption and fuel basis: non-eco (VLSFO 0.5% outside ECA, MGO 0.1% inside ECA) and eco, scrubber-fitted (HSFO 3.5%). Latest snapshot 17 Sep 2026.

  • Only families with a published non-eco and eco snapshot pair on the same profile version are listed. A missing snapshot is unpublished, not estimated on this page.
  • Bunker prices are CommodityScope marine-fuel assessments at the stated hub on or before the freight date. No proxy bunker hub is substituted where the required CommodityScope bunker input is unavailable. Weather allowance is 5%. Commission allowance is 2.5%. War-risk and exceptional security costs are excluded.
  • These indicators support the clean and dirty freight pages. They are not a fixture or a vessel-specific earnings statement. Formula: methodology. Indices in points: CommodityScope Tanker Freight Indices.

Published CommodityScope TCE Profiles · 31

The smaller figure beneath each TCE value is the change versus the previous published snapshot of the same profile.

ProfileNon-Eco TCE ($/day)Eco TCE ($/day)Date
Mediterranean → UK ContinentMR · 27,500 mt · Augusta → RotterdamCS-TCE-ROUTE-MED-UKC-MR-NAP · v1.0Freight $29.20/mt · Rotterdam bunkers$6,439Δ vs previous: -340$22,956Δ vs previous: -1,00217 Sep 2026
Black Sea → MediterraneanMR · 30,000 mt · Novorossiysk → AugustaCS-TCE-ROUTE-BLS-MED-MR-30 · v1.0Freight $20.43/mt · Rotterdam bunkers$6,514Δ vs previous: -269$17,518Δ vs previous: -72417 Sep 2026
Mediterranean → UK ContinentMR · 30,000 mt · Augusta → RotterdamCS-TCE-ROUTE-MED-UKC-MR · v1.0Freight $27.57/mt · Rotterdam bunkers$7,625Δ vs previous: -347$24,142Δ vs previous: -1,01017 Sep 2026
Arabian Gulf → JapanMR · 35,000 mt · Ras Tanura → YokohamaCS-TCE-ROUTE-AG-JPN-MR · v1.0Freight $135.48/mt · Fujairah bunkers$73,226Δ vs previous: +6,284$84,784Δ vs previous: +6,16117 Sep 2026
Arabian Gulf → SingaporeMR · 35,000 mt · Ras Tanura → SingaporeCS-TCE-ROUTE-AG-SIN-MR · v1.0Freight $87.04/mt · Fujairah bunkers$79,146Δ vs previous: +6,254$90,024Δ vs previous: +6,13817 Sep 2026
Arabian Gulf → South KoreaMR · 35,000 mt · Ras Tanura → UlsanCS-TCE-ROUTE-AG-KOR-MR · v1.0Freight $128.66/mt · Fujairah bunkers$73,638Δ vs previous: +6,261$85,136Δ vs previous: +6,13917 Sep 2026
Black Sea → MediterraneanMR · 37,000 mt · Novorossiysk → AugustaCS-TCE-ROUTE-BLS-MED-MR · v1.0Freight $27.03/mt · Rotterdam bunkers$26,384Δ vs previous: -9,767$37,388Δ vs previous: -10,22217 Sep 2026
Mediterranean → West AfricaMR · 37,000 mt · Augusta → BonnyCS-TCE-ROUTE-MED-WAF-MR · v1.0Freight $28.59/mt · Rotterdam bunkers$6,644Δ vs previous: +1,398$17,155Δ vs previous: +1,06117 Sep 2026
West Africa → MediterraneanMR · 37,000 mt · Bonny → AugustaCS-TCE-ROUTE-WAF-MED-MR · v1.0Freight $28.16/mt · Rotterdam bunkers$6,003Δ vs previous: +880$16,514Δ vs previous: +54217 Sep 2026
West Africa → UK ContinentMR · 37,000 mt · Bonny → RotterdamCS-TCE-ROUTE-WAF-UKC-MR · v1.0Freight $28.11/mt · Rotterdam bunkers$8,708Δ vs previous: +744$16,368Δ vs previous: +55217 Sep 2026
Arabian Gulf → JapanLR1 · 55,000 mt · Ras Tanura → YokohamaCS-TCE-ROUTE-AG-JPN-LR1 · v1.0Freight $167.69/mt · Fujairah bunkers$160,426Δ vs previous: +8,470$175,992Δ vs previous: +8,30217 Sep 2026
Arabian Gulf → SingaporeLR1 · 55,000 mt · Ras Tanura → SingaporeCS-TCE-ROUTE-AG-SIN-LR1 · v1.0Freight $103.10/mt · Fujairah bunkers$163,920Δ vs previous: +8,398$178,603Δ vs previous: +8,24017 Sep 2026
Arabian Gulf → South KoreaLR1 · 55,000 mt · Ras Tanura → UlsanCS-TCE-ROUTE-AG-KOR-LR1 · v1.0Freight $158.99/mt · Fujairah bunkers$160,992Δ vs previous: +8,422$176,481Δ vs previous: +8,25517 Sep 2026
Arabian Gulf → JapanLR2 · 75,000 mt · Ras Tanura → YokohamaCS-TCE-ROUTE-AG-JPN-LR2 · v1.0Freight $167.69/mt · Fujairah bunkers$214,328Δ vs previous: +11,132$233,220Δ vs previous: +10,93817 Sep 2026
Arabian Gulf → South KoreaLR2 · 75,000 mt · Ras Tanura → UlsanCS-TCE-ROUTE-AG-KOR-LR2 · v1.0Freight $158.99/mt · Fujairah bunkers$215,137Δ vs previous: +11,072$233,935Δ vs previous: +10,87917 Sep 2026
Arabian Gulf → SingaporeLR2 · 80,000 mt · Ras Tanura → SingaporeCS-TCE-ROUTE-AG-SIN-LR2 · v1.0Freight $107.03/mt · Fujairah bunkers$248,047Δ vs previous: +12,189$265,870Δ vs previous: +12,00617 Sep 2026
Black Sea → MediterraneanAframax · 80,000 mt · Novorossiysk → AugustaCS-TCE-ROUTE-BLS-MED-AFRAMAX · v1.0Freight $61.45/mt · Rotterdam bunkers$207,073Δ vs previous: +806$225,078Δ vs previous: +5317 Sep 2026
Mediterranean → UK ContinentAframax · 80,000 mt · Augusta → RotterdamCS-TCE-ROUTE-MED-UKC-AFRAMAX · v1.0Freight $51.77/mt · Rotterdam bunkers$144,391Δ vs previous: -1,068$171,226Δ vs previous: -2,15317 Sep 2026
UK Continent → MediterraneanAframax · 80,000 mt · Rotterdam → AugustaCS-TCE-ROUTE-UKC-MED-AFRAMAX · v1.0Freight $52.90/mt · Rotterdam bunkers$148,613Δ vs previous: +1,174$175,448Δ vs previous: +8917 Sep 2026
Baltic → MediterraneanAframax · 100,000 mt · Primorsk → AugustaCS-TCE-ROUTE-BAL-MED-AFRAMAX · v1.0Freight $90.60/mt · Rotterdam bunkers$253,640Δ vs previous: +1,441$285,960Δ vs previous: +9417 Sep 2026
Baltic → UK ContinentAframax · 100,000 mt · Primorsk → RotterdamCS-TCE-ROUTE-BAL-UKC-AFRAMAX · v1.0Freight $51.20/mt · Rotterdam bunkers$291,650Δ vs previous: +1,525$324,855Δ vs previous: +7817 Sep 2026
West Africa → MediterraneanSuezmax · 130,000 mt · Bonny → AugustaCS-TCE-ROUTE-WAF-MED-SUEZMAX · v1.0Freight $87.33/mt · Rotterdam bunkers$284,076Δ vs previous: +23,753$304,719Δ vs previous: +23,07417 Sep 2026
West Africa → UK ContinentSuezmax · 130,000 mt · Bonny → RotterdamCS-TCE-ROUTE-WAF-UKC-SUEZMAX · v1.0Freight $80.46/mt · Rotterdam bunkers$269,192Δ vs previous: +22,099$284,084Δ vs previous: +21,71317 Sep 2026
Black Sea → MediterraneanSuezmax · 135,000 mt · Novorossiysk → AugustaCS-TCE-ROUTE-BLS-MED-SUEZMAX-135 · v1.0Freight $61.15/mt · Rotterdam bunkers$365,724Δ vs previous: +3,047$387,516Δ vs previous: +2,12917 Sep 2026
Mediterranean → UK ContinentSuezmax · 135,000 mt · Augusta → RotterdamCS-TCE-ROUTE-MED-UKC-SUEZMAX · v1.0Freight $58.16/mt · Rotterdam bunkers$308,286Δ vs previous: +18,709$340,879Δ vs previous: +17,38217 Sep 2026
Black Sea → MediterraneanSuezmax · 140,000 mt · Novorossiysk → AugustaCS-TCE-ROUTE-BLS-MED-SUEZMAX · v1.0Freight $42.12/mt · Rotterdam bunkers$249,457Δ vs previous: +2,364$271,250Δ vs previous: +1,44617 Sep 2026
West Africa → UK ContinentVLCC · 260,000 mt · Bonny → RotterdamCS-TCE-ROUTE-WAF-UKC-VLCC · v1.0Freight $93.79/mt · Rotterdam bunkers$663,204Δ vs previous: +777$686,582Δ vs previous: +18217 Sep 2026
Arabian Gulf → ChinaVLCC · 270,000 mt · Ras Tanura → NingboCS-TCE-ROUTE-AG-CHN-VLCC · v1.0Freight $237.01/mt · Fujairah bunkers$1,232,075Δ vs previous: +41,910$1,267,492Δ vs previous: +41,54517 Sep 2026
Arabian Gulf → JapanVLCC · 270,000 mt · Ras Tanura → YokohamaCS-TCE-ROUTE-AG-JPN-VLCC · v1.0Freight $255.36/mt · Fujairah bunkers$1,324,248Δ vs previous: +44,722$1,359,688Δ vs previous: +44,35717 Sep 2026
Arabian Gulf → SingaporeVLCC · 270,000 mt · Ras Tanura → SingaporeCS-TCE-ROUTE-AG-SIN-VLCC · v1.0Freight $165.05/mt · Fujairah bunkers$1,417,909Δ vs previous: +45,484$1,451,104Δ vs previous: +45,14217 Sep 2026
Arabian Gulf → South KoreaVLCC · 270,000 mt · Ras Tanura → UlsanCS-TCE-ROUTE-AG-KOR-VLCC · v1.0Freight $240.88/mt · Fujairah bunkers$1,320,745Δ vs previous: +44,570$1,355,987Δ vs previous: +44,20817 Sep 2026

Withheld — insufficient CommodityScope bunker input. US Gulf Coast → UK Continent (MR) is not published because a CommodityScope Houston / USGC marine-fuel assessment is not available. Rotterdam is not used as a proxy bunker hub for this lane.

Published TCE values are immutable snapshots of the CommodityScope voyage model under the profile version shown for each row. Demurrage is on the tanker demurrage page. See the methodology.