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The Maritime
Dry Bulk Freight Index2,545▼ -4.6%Dirty Tanker Index7,556▼ -0.0%Capesize3,322▼ -8.5%Clean Tanker Index2,538▲ +0.0%Panamax2,356▼ -2.2%Supramax1,856▲ +0.6%Handysize1,007▲ +0.4%Dry Bulk Freight Index2,545▼ -4.6%Dirty Tanker Index7,556▼ -0.0%Capesize3,322▼ -8.5%Clean Tanker Index2,538▲ +0.0%Panamax2,356▼ -2.2%Supramax1,856▲ +0.6%Handysize1,007▲ +0.4%Dry Bulk Freight Index2,545▼ -4.6%Dirty Tanker Index7,556▼ -0.0%Capesize3,322▼ -8.5%Clean Tanker Index2,538▲ +0.0%Panamax2,356▼ -2.2%Supramax1,856▲ +0.6%Handysize1,007▲ +0.4%Dry Bulk Freight Index2,545▼ -4.6%Dirty Tanker Index7,556▼ -0.0%Capesize3,322▼ -8.5%Clean Tanker Index2,538▲ +0.0%Panamax2,356▼ -2.2%Supramax1,856▲ +0.6%Handysize1,007▲ +0.4%Dry Bulk Freight Index2,545▼ -4.6%Dirty Tanker Index7,556▼ -0.0%Capesize3,322▼ -8.5%Clean Tanker Index2,538▲ +0.0%Panamax2,356▼ -2.2%Supramax1,856▲ +0.6%Handysize1,007▲ +0.4%Dry Bulk Freight Index2,545▼ -4.6%Dirty Tanker Index7,556▼ -0.0%Capesize3,322▼ -8.5%Clean Tanker Index2,538▲ +0.0%Panamax2,356▼ -2.2%Supramax1,856▲ +0.6%Handysize1,007▲ +0.4%
Freight & charter · Tanker

MR

Standard clean-products workhorse

As of 4 Sept 2026
$25k
$/day · 43d stale

Median realised TCE

$54k$/day

30 Jun 2026· 13 fixtures

What this benchmark measures: Time-charter benchmark for Medium Range clean-product tankers (~35,000 to 55,000 dwt), the standard product-tanker class that feeds regional refined-fuel trade in every basin.

Observed range

$19k to $31k

$/day across reported fixtures

Quarter over quarter

+63.4%

Year to date

+63.4%

Year over year

+133.3%

5-year

+181.5%

Realised TCE · monthly estimate

MR: realised time-charter earnings

Jun 2021 to Jun 2026

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 MR fixtures

View all
  • STI Pontiac$23,900/day4 Sept
  • STI Pontiac$23,900/day3 Sept
  • Nord Harmony$29,000/day· Exxon21 Aug
  • Stamford TBNs$19,000/day· ATC21 Aug
  • Nord Volante$29,900/day· CPTA21 Aug
  • Challenge Pollux$27,000/day· Exxon21 Aug
  • FPMC 33$30,000/day· Maersk21 Aug
  • PS Imabari$30,500/day· Suncor21 Aug
  • Pacific Pride$25,000/day· Cargill21 Aug
  • Jal Kaveri$28,000/day· Vitol21 Aug

How this benchmark is computed

The headline is the median realised time-charter equivalent ($/day) for the MR 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.