Aframax
Regional crude across the Atlantic and Pacific basins
Median realised TCE
30 Jun 2026
What this benchmark measures — Time-charter benchmark for Aframax crude tankers (~80,000–125,000 dwt) — the workhorse regional class for short-haul crude in Northern Europe, the Mediterranean, the Caribbean and the Far East.
Quarter over quarter
+39.4%
Year to date
+39.4%
Year over year
+144.5%
5-year
+233.2%
Aframax — realised time-charter earnings
Real quarterly $/day from listed shipowners’ own earnings filings (the marked anchors), with a monthly path reconstructed between them from licence-clean freight, activity and commodity indicators. The reconstruction averages back to each real quarter exactly; the shaded band is its interpolation uncertainty. A model estimate, not a market index — independent of any licensed benchmark.
Anchors: realised TCE disclosed in public shipowners’ SEC filings (facts, cross-owner median per quarter). Monthly path: Chow-Lin reconstruction from licence-clean indicators — a model estimate, not a licensed index.
Reported fixtures
Latest Aframax fixtures
- STI Lotus$10 million· AdmicPersian GulfUK Continent25 Jun
- P. Marseille$31,000/day· Clearlake Shipping Pte Ltd (Gunvor Group)26 May
- P. Monterey$31,000/day· PBF Holding Company LLC (PBF Energy Inc.)26 May
- STI Lombard$33,000/day5 Mar
- STI Rambla$30,500/day5 Mar
- STI Alexis$29,000 per vessel/day5 Jan
- STI Rose$29,000 per vessel/day5 Jan
- WS 222.5Black SeaMediterranean22 Dec
- MT Yinghao Confidence$3.9M· KPC22 Aug
- MT Seawish$4.1M· Admic15 Aug
How this benchmark is computed
The median reported time-charter rate ($/day) across the charter fixtures our own pipeline collects for the Aframax class, using only those reported in the last 90 days so the figure reflects the current market. Snapshotted each ingest cycle; a segment with fewer than two recent fixtures is withheld rather than published on a thin sample. Data we collect ourselves — no third-party licence — so we publish it in full alongside the reported fixtures behind it.