CS-TFR-CLN-MED-JPN-LR2-80

Standard Basis

The prevailing voyage-freight market level for an LR2 carrying 80,000 metric tonnes of cargo from Mediterranean to Japan, expressed in US dollars per metric tonne. Publication cadence is daily.

A published value is an estimate of the prevailing market level for this Standard Basis. It is not a bid, offer, executable quotation or guaranteed price.

Specification Table

Series code

CS-TFR-CLN-MED-JPN-LR2-80

Assessment type

CommodityScope Indicative Assessment

Product

Clean tanker voyage freight

Freight basis

Voyage freight for an LR2 carrying 80,000 mt on the Mediterranean–Japan trade lane. No cargo grade is specified or inferred. This is not an LPG series.

Market

West of Suez — Mediterranean to Japan

Pricing basis

Voyage freight

Origin

Mediterranean

Destination

Japan

Vessel class

LR2

Standard cargo

80,000 mt

Assessment unit

USD per metric tonne (USD/mt)

Frequency

Daily

Published values

Assessment Midpoint

Methodology family

Clean Tanker Freight Methodology

Methodology version

1.0

Parent methodology

CS-METH-CLEAN

Document issued

21 September 2026

Market definition

Voyage basis

Voyage freight from Mediterranean to Japan for an LR2 carrying the stated cargo size, published in USD/mt. It is not a Worldscale quotation, a lumpsum, a TCE, or a physical commodity assessment.

Origin

Mediterranean

Destination

Japan

Vessel class

LR2

Cargo

The published cargo size is 80,000 mt of cargo on an LR2. It is cargo tonnage, not vessel deadweight. A different cargo size or vessel class is a different series.

Loading window

Loading window is not specified for this Series.

Publication schedule

Daily cadence. Updates follow the daily publication cycle when a qualifying market observation is available. Each value retains its assessment date.

Assessment cutoff is not specified for this Series.

Exclusions and related markets

• A Worldscale quotation for the same trade lane is a different quoting basis, not this Series.
• A cargo grade is not specified for this Series. It is not inferred.
• A different vessel class or cargo size, LPG freight, voyage TCE and physical oil-product assessments are different publications.

The Assessment Midpoint of CS-TFR-CLN-MED-JPN-LR2-80 is formed from this Series’ own USD/mt voyage-freight observations. No related series enters the Assessment Midpoint. Under Clean Tanker Methodology 1.0, qualifying same-date USD/mt observations from other clean tanker series on the same published trade lane may support Assessment Range construction.

Comparability is evaluated against the stated basis; adjustments apply only where the family methodology defines them.

Parent methodology

This specification defines the market basis of CS-TFR-CLN-MED-JPN-LR2-80 and is governed by Clean Tanker Freight Methodology version 1.0.

Revision History