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 to 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
+44.3%
Year to date
+44.3%
Year over year
+153.1%
5-year
+244.9%
Aframax: realised time-charter earnings
Realised quarterly earnings (dots) with a monthly estimate between them; the shaded band is the typical range. The monthly line averages back to each realised quarter, so it fills the path between them without contradicting them. An estimate, not a market index.
Dots: realised time-charter equivalent, the median across owners each quarter. Line: monthly estimate between realised quarters; band: typical range.
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 Rose$29,000 per vessel/day5 Jan
- STI Alexis$29,000 per vessel/day5 Jan
- Black Sea → MediterraneanWS 222.522 Dec
- MT Yinghao Confidence$3.9M· KPC22 Aug
- MT LionWS 150· KPCKuwaitEast Africa15 Aug
How this benchmark is computed
The headline is the median realised time-charter equivalent ($/day) for the Aframax class each quarter, with a monthly estimate between quarters. The observed range and the fixtures below come from charter fixtures reported in the last 90 days; a class with fewer than two recent fixtures is withheld rather than published on a thin sample.