Refined Products · Indicative Freight Rate
HSFO 180 Freight: Singapore to Japan
The latest indicative rate is$25.41/mt for 4 September 2026. Daily history is below.
Latest freight rate
What This Rate Measures
Daily freight component for hsfo 180 cargoes from Singapore to Japan, in USD/mt, as used in the source’s netback tables.
Product tanker freight netbacks: Daily freight components used in product netback calculations for clean tankers on Asian and Gulf routes; expressed per barrel or per tonne of the named product.
- Singapore is a port and storage hub at the southern tip of the Malay Peninsula; Asian refined-product cargoes are commonly priced against Singapore loadings.
- Japan on a C+F basis means product delivered to Japanese discharge ports; the price includes freight from the loading area.
What the source does not state for this route
- The source does not state a lot size or vessel class for this row.
Known terms (as published)
- Origin: Singapore
- Destination: Japan
- Cargo: HSFO 180
- Lot size / vessel class: not published
- Rate unit: USD/mt; daily reading
Not published by the source
- Vessel identity
- Lot size (unless stated as LR1/LR2)
These terms are left blank rather than inferred.
Unit and cadence
- USD/bbl or USD/mt depending on the product; do not mix.
- Daily reading.
Daily HSFO 180 Freight Rates
Last 30 loaded daily observations. A different origin or lot size is a different page.
| Date | Rate | Weekly change (published) | Trend |
|---|---|---|---|
| 4 Sep 2026 | $25.41 | — | — |
| 3 Sep 2026 | $25.73 | — | — |
| 2 Sep 2026 | $25.73 | — | — |
| 1 Sep 2026 | $25.73 | — | — |
| 31 Aug 2026 | $25.48 | — | — |
| 28 Aug 2026 | $25.10 | — | — |
| 27 Aug 2026 | $25.10 | — | — |
| 26 Aug 2026 | $24.47 | — | — |
| 25 Aug 2026 | $24.22 | — | — |
| 24 Aug 2026 | $24.22 | — | — |
| 21 Aug 2026 | $23.85 | — | — |
| 20 Aug 2026 | $23.85 | — | — |
| 19 Aug 2026 | $23.22 | — | — |
| 18 Aug 2026 | $22.84 | — | — |
| 17 Aug 2026 | $22.59 | — | — |
| 14 Aug 2026 | $22.28 | — | — |
| 13 Aug 2026 | $21.65 | — | — |
| 12 Aug 2026 | $21.34 | — | — |
| 11 Aug 2026 | $21.34 | — | — |
| 7 Aug 2026 | $21.34 | — | — |
| 6 Aug 2026 | $21.34 | — | — |
| 5 Aug 2026 | $20.71 | — | — |
| 4 Aug 2026 | $19.77 | — | — |
| 3 Aug 2026 | $20.08 | — | — |
| 31 Jul 2026 | $20.08 | — | — |
| 29 Jul 2026 | $19.45 | — | — |
| 21 Jul 2026 | $20.39 | — | — |
| 20 Jul 2026 | $20.39 | — | — |
| 10 Jul 2026 | $19.64 | — | — |
| 7 Jul 2026 | $19.70 | — | — |
Computed Summary
Calculated by CommodityScope from the loaded daily readings only. Each statement names its period and method.
The latest rate of $25.41/mt on 4 Sep 2026 is down $0.32 (-1.2%) from the previous daily assessment (3 Sep 2026).
Method: Computed by CommodityScope as the difference between the two most recent loaded daily observations (1 calendar day apart).
It is 11.7% above the August 2026 average of $22.74/mt, the most recent completed month with 20 daily observations.
Method: Arithmetic mean of the published daily midpoints in August 2026. Partial months are excluded from this comparison.
Over the loaded history (26 Jan 2026 – 4 Sep 2026), the highest rate was $33.57/mt on 16 Apr 2026 and the lowest was $18.57/mt on 11 Jun 2026.
Method: Minimum and maximum of the published rate over the loaded history (26 Jan 2026 – 4 Sep 2026, 124 observations). This is not an all-time record.
Monthly HSFO 180 Singapore–Japan Averages
Average, minimum and maximum of published weekly rates in each calendar month. Incomplete latest months are marked month to date.
| Month | Average | Min | Max | Observations |
|---|---|---|---|---|
| September 2026Month to date | 25.65 | 25.41 | 25.73 | 4 |
| August 2026 | 22.74 | 19.77 | 25.48 | 20 |
| July 2026 | 19.91 | 19.45 | 20.39 | 7 |
| June 2026 | 19.44 | 18.57 | 20.39 | 18 |
| May 2026 | 26.89 | 21.02 | 30.50 | 17 |
| April 2026 | 32.64 | 31.38 | 33.57 | 18 |
| March 2026 | 27.66 | 24.28 | 32.94 | 20 |
| February 2026 | 25.81 | 25.10 | 26.98 | 17 |
| January 2026 | 25.94 | 24.47 | 26.98 | 3 |
Comparable Routes, Explained
- Naphtha Freight: Arab Gulf to Japan
Same destination from Arab Gulf (LR2 lots); the gap reflects voyage distance and origin-side conditions.
$119.27 USD/mt · 4 Sep 2026 · difference (this − other) -93.86
- Naphtha Freight: Arab Gulf to Japan
Same destination from Arab Gulf with the same vessel class; the gap reflects voyage distance and origin-side conditions.
$130.14 USD/mt · 4 Sep 2026 · difference (this − other) -104.73
- Gasoil Freight: Singapore to Australia
Same origin to Australia (gasoil); the gap reflects voyage distance.
$9.16 USD/bbl · 4 Sep 2026 · different units — no difference shown
- Kerosene Freight: Singapore to Australia
Same origin to Australia (kerosene); the gap reflects voyage distance.
$8.64 USD/bbl · 4 Sep 2026 · different units — no difference shown
Related Product Tanker Rates
- Gasoline Freight: Singapore to JapanGasoline · $5.08 USD/bbl
- Naphtha Freight: Singapore to JapanNaphtha · $43.20 USD/mt
- Naphtha Freight: Arab Gulf to JapanLR2 · $119.27 USD/mt
- Naphtha Freight: Arab Gulf to JapanNaphtha · $130.14 USD/mt
- Clean Freight: Singapore to SingaporeClean · $50000.00 USD/day
- Dirty Freight: Singapore to SingaporeDirty · $68000.00 USD/day
- Gasoil Freight: Singapore to AustraliaGasoil · $9.16 USD/bbl
- Gasoline Freight: Singapore to AustraliaGasoline · $8.03 USD/bbl
What This Rate Represents
This is an indicative freight rate from loaded editions, not a live fixture. Origin, destination and vessel class stay as published. Terms the source does not disclose are left blank.
How to use
- Read with the FOB product prices at both ends of the route to understand the location differential.
Not suitable for
- Chartering: these are netback components, not fixtures.
Sources for the explanations on this page
- Loaded Asia-Pacific/Arab Gulf editions — netback table as printed
Numbers: loaded editions. Computed statistics: CommodityScope, from the loaded history (methodology).