Volumes of gasoline shipments leaving Europe to destination ports in North and South America have risen sharply in recent clean tanker activity. Some 1.78mn MT of gasoline left European ports to go trans-Atlantic during the month of May, compared with 1.1mn MT of departures during April and 893 KMT in March. Trans-Atlantic cargo shipment volumes have been steadily increasing during each month of 2026 but have notably gathered significant pace during the calendar month of May; June has already seen some 483,210 MT of trans-Atlantic mogas either fixed, currently loading or already departed. An average of 347 KMT per week has departed from European ports for the Americas since the beginning of April.
The increase in trans-Atlantic mogas volumes being shipped has come as inventory levels of gasoline had been steadily drawing down in North America, leaving Wood Mackenzie flight data to show New York Harbour stocks at levels below those seen at the start of June in both 2024 and 2025, until recently. As busy chartering has continued to test the TA clean freight market, freight rates for UKC to USAC 37 KMT shipments have actually softened in recent weeks: UKCM-TA fixtures have been concluded at Worldscale 155-160 in recent spot chartering, down from the WS 240 level seen fixed at the end of April and the WS 295 seen at the end of March. Recent WM flight data has shown New York Harbour stocks building however, leaving stocks slightly above those seen a year ago.
Wood Mackenzie tracks global product tanker shipments in its European Waterborne Products report, with daily updates including destination changes and biweekly reports and analysis.
