Time charter equivalent
id:
time-charter-equivalent-301-1346448
title:
Time charter equivalent
text:
The time charter equivalent (TCE) rate is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company's performance despite changes in the mix of charter types under which the vessels may be employed between the periods. TCE revenue is a non-GAAP measure. A standard method to compute TCE is to divide voyage revenues by available days for the relevant time period. Expenses primarily consist of port, canal and fuel costs.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Time_charter_equivalent
date created:
date modified:
2024-04-12T12:56:51Z
main entity:
{"identifier":"Q7805278","url":"https://www.wikidata.org/entity/Q7805278"}
image:
fields total:
13
integrity:
13