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Instructions Reset Form Print Form Contractor PQC Form 1?Applicant Details Please ensure that you have completed and submitted a Contractor PQC: First Step form before filling out this application.

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TCE (Time Charter Equivalent) is calculated by subtracting voyage expenses from voyage revenues and then dividing the total by the duration of the round-trip voyage.

Time charter equivalent, or TCE, rates, are a standard industry measure of the average daily revenue performance of a vessel.

Time charter equivalent, or TCE, rates, are a standard industry measure of the average daily revenue performance of a vessel.

What is a TCE? Platts Time Charter Equivalent (TCE) assessments for tanker freight reflect the net daily revenue of vessels operating on key dirty tanker routes in the European shipping market. TCE are based on, and supplement, current Platts spot market freight assessments.

The three most common types of charter contracts are the voyage charter, the time charter, and the demise (or bareboat) charter.

Formula: TCE = net revenue / days of voyage Variables like load and discharge rates, a vessel's speed and fuel consumption, and port costs are based on extensive market surveys and can be easily adjusted on feedback from industry participants. All changes would be communicated to the market in advance.

Time charter equivalent (TCE) is a method for determining the net profit or loss of operating a vessel per day. Voyage expenses are mainly fuel and the costs related to maintaining the crew onboard in terms of salary but also food and quarter.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232