What is Star Bulk Carriers 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.
Star Bulk Carriers's Average Time Charter Equivalent Rates (USD) for the quarter that ended in Mar. 2018 was 12,586.00
, which higher from pervious quarter (Mar. 2017)'s result by 53.94%.
Star Bulk Carriers's Average Time Charter Equivalent Rates (USD) for the annual that ended in Dec. 2023 was 15,824.00
, which lower from pervious year (Dec. 2022)'s result by 37.85%.
The historical rank and industry rank for Star Bulk Carriers's Average Time Charter Equivalent Rates (USD) or its related term are showing as below:
SBLK'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.
Star Bulk Carriers Average Time Charter Equivalent Rates (USD) Historical Data
The historical data trend for Star Bulk Carriers'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.
Star Bulk Carriers Average Time Charter Equivalent Rates (USD) Chart
Competitive Comparison of Star Bulk Carriers's Average Time Charter Equivalent Rates (USD)
For the Marine Shipping subindustry, Star Bulk Carriers'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.
Star Bulk Carriers (NAS:SBLK) 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.
Star Bulk Carriers Average Time Charter Equivalent Rates (USD) Related Terms
Thank you for viewing the detailed overview of Star Bulk Carriers's Average Time Charter Equivalent Rates (USD) provided by GuruFocus.com. Please click on the following links to see related term pages.
Star Bulk Carriers (Star Bulk Carriers) Business Description
Star Bulk Carriers Corp provides seaborne transportation solutions in the dry bulk sector. The company owns and operates dry bulk carrier vessels, which are used to transport bulk, such as iron ore, coal, grains, bauxite, fertilizers, and steel products. It owns a fleet of vessels that consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Panamax, and Supramax. It generates revenues through the voyages it carries out.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SBLK has been successfully added to your 