GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Ship Lease Inc (NYSE:GSLpB.PFD) » Definitions » Average Time Charter Equivalent Rates (USD)

Global Ship Lease (Global Ship Lease) Average Time Charter Equivalent Rates (USD) : 0.00 (As of . 20)


View and export this data going back to 2014. Start your Free Trial

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

GSLpB.PFD's Average Time Charter Equivalent Rates (USD) is not ranked *
in the Business Services industry.
Industry Median:
* Ranked among companies with meaningful Average Time Charter Equivalent Rates (USD) only.

Global Ship Lease Average Time Charter Equivalent Rates (USD) Historical Data

The historical data trend for Global Ship Lease'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.

Global Ship Lease Average Time Charter Equivalent Rates (USD) Chart


Global Ship Lease  (NYSE:GSLpB.PFD) 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.

Global Ship Lease Average Time Charter Equivalent Rates (USD) Related Terms

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

Global Ship Lease (Global Ship Lease) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Ship Lease Inc (NYSE:GSLpB.PFD) » Definitions » Average Time Charter Equivalent Rates (USD)
Comparable Companies
ALTG CTOS WLFC HTZ AAN PRG BEBE FPAY ZCAR MWG URI LSE:AHT AER UHAL BSP:RENT3 WSC FTAI TSX:EFN AL HKSE:02588
Traded in Other Exchanges
GSL:USA 37H:Germany
Address
25 Wilton Road, London, GBR, SW1V 1LW
Website
https://www.globalshiplease.com
Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.