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


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What is Euroseas 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.

Euroseas's Average Time Charter Equivalent Rates (USD) for the annual that ended in Dec. 2023 was 29,714.00 , which lower from pervious year (Dec. 2022)'s result by 7.04%.

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

ESEA'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.

Euroseas Average Time Charter Equivalent Rates (USD) Historical Data

The historical data trend for Euroseas'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.

Euroseas Average Time Charter Equivalent Rates (USD) Chart

Euroseas Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Average Time Charter Equivalent Rates (USD)
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Average Vessel Operating Expense (USD)
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Competitive Comparison of Euroseas's Average Time Charter Equivalent Rates (USD)

For the Marine Shipping subindustry, Euroseas'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.


Euroseas  (NAS:ESEA) 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.


Euroseas Average Time Charter Equivalent Rates (USD) Related Terms

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Euroseas (Euroseas) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Euroseas Ltd (NAS:ESEA) » Definitions » Average Time Charter Equivalent Rates (USD)
Traded in Other Exchanges
Address
4 Messogiou and Evropis Street, Maroussi, GRC, 151 24
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.

Euroseas (Euroseas) Headlines

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