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Star Bulk Carriers (STU:4FAP) Average Time Charter Equivalent Rates (USD) : 0.00 (As of . 20)


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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.

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:

STU:4FAP'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.

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Star Bulk Carriers Average Time Charter Equivalent Rates (USD) Chart



Star Bulk Carriers  (STU:4FAP) 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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Star Bulk Carriers (STU:4FAP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Star Bulk Carriers Corp (STU:4FAP) » Definitions » Average Time Charter Equivalent Rates (USD)
Traded in Other Exchanges
Address
C/o Star Bulk Management Inc, 40 Agiou Konstantinou Street, Maroussi, Athens, GRC, 15124
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.

Star Bulk Carriers (STU:4FAP) Headlines

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