MR
Standard clean-products workhorse
Median realised TCE
30 Jun 2026· 3 fixtures · limited
What this benchmark measures — Time-charter benchmark for Medium Range clean-product tankers (~35,000–55,000 dwt) — the standard product-tanker class that feeds regional refined-fuel trade in every basin.
Observed range
$24k – $25k
$/day across reported fixtures
Quarter over quarter
+55.6%
Year to date
+55.6%
Year over year
+122.2%
5-year
+168.2%
MR — 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 MR fixtures
- STI Bronx$23,900/day30 Jul
- STI Westminster$25,000/day30 Jul
- STI Notting Hill$25,000/day30 Jul
- CS Rotterdam$23,800/day15 May
- CS Fujairah$21,500/day15 May
- WS 227.5Southeast AsiaAustralia11 Jan
- WS 192.5SingaporeJapan11 Jan
- WS 240South KoreaAustralia11 Jan
- $720,000 lumpsumSouth KoreaSingapore11 Jan
- $765,000 lumpsumSouth KoreaSingapore11 Jan
How this benchmark is computed
The median reported time-charter rate ($/day) across the charter fixtures our own pipeline collects for the MR 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.