Capital Product Partners LP (STU:7CPA) Average Time Charter Equivalent Rates (USD) : 0.00 (As of . 20)

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What is Capital Product Partners LP Average Time Charter Equivalent Rates (USD)?

Time charter equivalent (TCE) is a shipping industry measure used to calculate the average daily revenue performance of a vessel. It is calculated as (Voyage Revenues - Voyage Expenses) / Round Trip Duration in Days.

The historical rank and industry rank for Capital Product Partners LP's Average Time Charter Equivalent Rates (USD) or its related term are showing as below:

STU:7CPA's Average Time Charter Equivalent Rates (USD) is not ranked ^*
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Average Time Charter Equivalent Rates (USD) only.

Capital Product Partners LP Average Time Charter Equivalent Rates (USD) Historical Data

The historical data trend for Capital Product Partners LP's Average Time Charter Equivalent Rates (USD) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Capital Product Partners LP Average Time Charter Equivalent Rates (USD) Chart

Capital Product Partners LP (STU:7CPA) Average Time Charter Equivalent Rates (USD) Explanation

Time charter equivalent (TCE) is a shipping industry measure used to calculate the average daily revenue performance of a vessel. Time charter equivalent is calculated by first taking voyage revenues and subtracting voyage expenses, including canal, bunker and port costs, and then dividing the total by the round-trip voyage duration in days. It gives shipping companies a tool to measure period-to-period changes.

The TCE is a way to describe chartering opportunities in a standardized way to make comparisons easier. It is used by cargo brokers in the shipping industry to present chartering opportunities to shipowners since chartering opportunities differ widely in potential revenues and costs.

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Capital Product Partners LP (STU:7CPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Capital Product Partners LP (STU:7CPA) » Definitions » Average Time Charter Equivalent Rates (USD)

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Traded in Other Exchanges

CPLP:USA

Address

3 Iassonos Street, Piraeus, GRC, 18537

Website

http://www.capitalpplp.com

Capital Product Partners LP is in the seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils and dry cargo and containerized goods. Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers and capsize bulk carrier. Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil and jet fuel), edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.

Capital Product Partners LP (STU:7CPA) Headlines

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