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Chartering and Commercial

Time Charter Equivalent (TCE)

A measure converting voyage revenue and voyage expenses into a daily earnings figure for comparison.

Reviewed by Zeaclub Editorial Team ·

Related terms

SubjectsTime CharterVoyage Charter

Related Zea Notes

Capesize Chartering: Iron Ore, Coal and the Big-Ship Dry Bulk TradeThe Capesize is dry bulk's largest common vessel class - too big for most canals, built for one job: moving iron ore and coal in enormous volumes over long distances.