---
title: Transatlantic Weekly Tradelane Report
description: US Gulf to Northwest Europe chemical tanker rates firmed this week as tight vessel availability and swing tonnage drawn elsewhere kept space limited.
image: https://www.spimarine.com/hubfs/spi-marine-rotterdam-port-shipbroking-bulk-liquid-logistics.jpg
---

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# Transatlantic Weekly Tradelane Report

[Tradelane Report](https://www.spimarine.com/the-current/tag/tradelane-report) [NWE](https://www.spimarine.com/the-current/tag/nwe)

 Nov 5, 2026  4 min read [Share on LinkedIn](https://www.linkedin.com/sharing/share-offsite/?url=https://www.spimarine.com/the-current/transatlantic-weekly-tradelane-report)

Transatlantic Weekly Tradelane Report

1:16

---

**Table of Contents**

[Weekly Summary](https://www.spimarine.com/the-current/transatlantic-weekly-tradelane-report#summary)

[Freight Trends](https://www.spimarine.com/the-current/transatlantic-weekly-tradelane-report#freight-trends)

[Notable Fixtures & Market Quotes](https://www.spimarine.com/the-current/transatlantic-weekly-tradelane-report#market-info)

SPI Marine - Transatlantic Weekly Tradelane Report

## Weekly Summary

USG — NWE  Week 45  |  Nov 2 – Nov 6, 2026

Market Direction

Firming

3K: $133/mt

Benchmarks edge higher across all parcel sizes

 Rates edged up across all parcel sizes, with 3K in the low 130s, 5K in the low 100s and 10K in the mid 90s. Tight vessel availability across regular and spot tonnage kept open positions limited.

Key Driver

Supply

Swing Tonnage Pull

Swing tonnage drawn outside chemicals keeps open positions limited

 Economics outside the chemical sector continue to draw swing tonnage away for the time being, even as clean petroleum products sentiment eased this week. That leaves fewer open and part-cargo positions available for chemical parcels.

Market Positioning

Tight Positioning

Open Positions Limited

Open and part-cargo positions remain limited across tonnage

 Fixing conditions stay tight, with 3K in the low 130s and 10K in the mid 90s as November contract volumes reserve much of the capacity. A meaningful increase in vessel supply could shift conditions in the near term.

Trade Lane

USG → Northwest Europe

The **USG-NWE corridor** is the benchmark transatlantic route  for specialty and chemical cargoes, connecting US Gulf export terminals  with Rotterdam as the primary ARA discharge hub. The lane moves methanol,  aromatics, base oils, and a broad range of chemical parcels on MR and LR1  tonnage, with voyage durations of approximately 12 to 16 days on a direct  transatlantic crossing. As the most heavily trafficked and liquid lane in  the Atlantic basin, USG-NWE freight levels function as a reference point  for tonnage availability and rate direction across the wider Atlantic  market, with TC14 fixture activity serving as the primary signal for  near-term rate movement. 

Benchmarks TC14 MR Atlantic Basket Worldscale MR / LR1

Conditions in the US Gulf to Northwest Europe market remained firm this week, underpinned by tight vessel availability across both regular and spot tonnage. CPP sentiment eased, yet economics still draw swing tonnage toward employment outside the chemical sector for the time being, keeping open and part-cargo positions limited. Benchmarks edged up again, with 3K in the low 130s, 5K in the low 100s and 10K in the 90s. Methanol from Jose fixed in the mid 110s, while a large easy chemicals cargo was covered for late November. Ethanol, acetic acid, styrene and base oils inquiry kept fresh demand visible across parcel sizes. November contract volumes have already reserved a substantial share of capacity, and absent a meaningful increase in vessel supply, conditions are likely to stay firm in the near term.

SPI Marine - Transatlantic Weekly Tradelane Report

## Freight Trends

SPI Marine - Transatlantic Weekly Tradelane Report

## Notable Fixtures & Market Quotes

#### Disclaimer

*This information is provided in good faith on an as-is basis without guarantee, representation, or warranty. Freight market commentary, trade lane analysis, and related content are indicative and for general guidance only. This content does not constitute investment, legal, chartering, or financial advice and should not be relied upon as the basis for any commercial decision. Use of this information is at your own risk. To the fullest extent permitted by law, SPI Marine and its affiliates accept no liability for reliance placed on this content. This content is protected by copyright in favor of SPI Marine Group and its affiliates. Unauthorized reproduction, redistribution, or republication is prohibited. Full terms governing use of this website are available in our [Terms and Conditions](https://www.spimarine.com/terms-and-conditions).*

[Tradelane Report](https://www.spimarine.com/the-current/tag/tradelane-report) [NWE](https://www.spimarine.com/the-current/tag/nwe)

### Latest from The Current

<https://www.spimarine.com/the-current/west-coast-india-weekly-tradelane-report>

Tradelane Report

### [West Coast India Weekly Tradelane Report](https://www.spimarine.com/the-current/west-coast-india-weekly-tradelane-report)

US Gulf to West Coast India chemical tanker rates firmed this week as tight contract tonnage and rising clean product rates lifted every size band. [Read More.](https://www.spimarine.com/the-current/west-coast-india-weekly-tradelane-report)

 Nov 5, 2026

<https://www.spimarine.com/the-current/far-east-weekly-tradelane-report>

Tradelane Report

### [Far East Weekly Tradelane Report](https://www.spimarine.com/the-current/far-east-weekly-tradelane-report)

US Gulf to Far East chemical tanker freight rates firmed sharply this week as methanol demand and fresh chemical inquiry tightened space. [Read More.](https://www.spimarine.com/the-current/far-east-weekly-tradelane-report)

 Nov 5, 2026

<https://www.spimarine.com/the-current/mediterranean-weekly-report>

Tradelane Report

### [Mediterranean Weekly Report](https://www.spimarine.com/the-current/mediterranean-weekly-report)

US Gulf to Mediterranean chemical tanker rates rose again this week as higher fuel costs and limited cargo space kept the market firm. [Read More.](https://www.spimarine.com/the-current/mediterranean-weekly-report)

 Nov 5, 2026

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