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Annual Statistical Bulletin 2024
Annual Statistical Bulletin 2024

Oil transportation

Average spot freight rates by vessel category

Average spot freight rates by vessel category

(% of Worldscale)
  2019 2020 2021 2022 2023 Change 23/22 % Change 23/22 Avg. Gr. (%) Mean SD Min Max CV
General purpose 134.00 124.60 125.30 267.30 183.70 -83.60 -31.28 8.21 166.98 61.16 124.60 267.30 0.37
Middle range 164.10 146.30 146.20 303.60 217.40 -86.20 -28.39 7.28 195.52 67.09 146.20 303.60 0.34
Large range 1 118.30 103.00 95.80 204.70 161.40 -43.30 -21.15 8.08 136.64 45.77 95.80 204.70 0.33
Large range 2 72.20 62.40 47.70 105.80 89.60 -16.20 -15.31 5.55 75.54 22.76 47.70 105.80 0.30
VLCC 50.20 49.60 28.70 50.10 48.30 -1.80 -3.59 -0.96 45.38 9.36 28.70 50.20 0.21