MR
Standard clean-products workhorse
Median realised TCE
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%
MR: 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 MR fixtures
- 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.

