GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Matson Inc (NYSE:MATX) » Definitions » Average Time Charter Equivalent Rates (USD)

Matson (Matson) Average Time Charter Equivalent Rates (USD) : 0.00 (As of . 20)


View and export this data going back to 1992. Start your Free Trial

What is Matson 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 Matson's Average Time Charter Equivalent Rates (USD) or its related term are showing as below:

MATX'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.

Matson Average Time Charter Equivalent Rates (USD) Historical Data

The historical data trend for Matson'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.

* Premium members only.

Matson Average Time Charter Equivalent Rates (USD) Chart

Matson Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Average Time Charter Equivalent Rates (USD)
Get a 7-Day Free Trial Premium Member Only Premium Member Only


Competitive Comparison of Matson's Average Time Charter Equivalent Rates (USD)

For the Marine Shipping subindustry, Matson's Average Time Charter Equivalent Rates (USD), along with its competitors' market caps and Average Time Charter Equivalent Rates (USD) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Matson  (NYSE:MATX) 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.


Matson Average Time Charter Equivalent Rates (USD) Related Terms

Thank you for viewing the detailed overview of Matson's Average Time Charter Equivalent Rates (USD) provided by GuruFocus.com. Please click on the following links to see related term pages.


Matson (Matson) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Matson Inc (NYSE:MATX) » Definitions » Average Time Charter Equivalent Rates (USD)
Traded in Other Exchanges
Address
1411 Sand Island Parkway, Honolulu, HI, USA, 96819
Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are ocean transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and logistics which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from ocean transportation.
Executives
Grace M Cerocke officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Richard S Kinney officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Laura L Rascon officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Christopher A Scott officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Angoco Vic S Jr officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Matthew J Cox officer: CFO of wholly-owned subsidiary 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Kuuhaku T Park officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Peter T Heilmann officer: SVP & Chief Legal Officer 555 12TH STREET, OAKLAND CA 94607
Leonard P Isotoff officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Mark H Fukunaga director MATSON, INC., 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
John P Lauer officer: Senior Vice President 555 12TH STREET, OAKLAND CA 94607
Kevin L Stuck officer: VP and Controller 426 N. 44TH STREET, 2ND FL., PHOENIX AZ 85008
Rusty K Rolfe officer: Senior Vice President, other: President of Matson Logistics 1855 GATEWAY BOULEVARD, CONCORD CA 94520
Jenai S Wall director 999 BISHOP STREET, HONOLULU HI 96813
Thomas B Fargo director P.O. BOX 730, HONOLULU HI 96808

Matson (Matson) Headlines

From GuruFocus

MATSON PUBLISHES 2022 SUSTAINABILITY REPORT

By PRNewswire 07-25-2023

MATSON INCREASES QUARTERLY DIVIDEND TO $0.31 PER SHARE

By PRNewswire PRNewswire 07-02-2022

MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.30 PER SHARE

By PRNewswire PRNewswire 04-28-2022

Top 5 2nd Quarter Trades of David J Yvars Group

By GuruFocus Research GuruFocus Editor 07-15-2022

MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.31 PER SHARE

By PRNewswire PRNewswire 01-26-2023

MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.31 PER SHARE

By PRNewswire PRNewswire 10-27-2022