Worldscale (WS) Explained
Understanding how Worldscale freight rates are calculated and used in tanker markets.
Overview
What is Worldscale
Worldscale is a standardized system used in tanker shipping to quote freight rates as a percentage of a flat rate.
Why it matters
Correct interpretation of WS rates is essential for comparing tanker fixtures and understanding market movements.
Key Terms
Related pages
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Paste a shipping email line or use one of our Singapore-market examples to see how ShipSense converts unstructured text into structured vessel, cargo, route and rate data.
Quick examples
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MV PACIFIC STAR / 58kdwt / del Singapore prompt / redely N China / 50k mt coal / $13,500 pd
MT ASIA ENERGY / 105kdwt / del AGulf / redely Singapore / cpp / ws 120
MV STRAITS VOYAGER / 63kdwt / del Singapore-Jakarta range / redely Vietnam / 55k mt grains / $14,200 pd