Nippon Yusen Kabushiki Kaisha (TSE:9101) Average Time Charter Equivalent Rates (USD) : 0.00 (As of . 20)

View and export this data going back to 1949. Start your Free Trial

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

TSE:9101'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.

Nippon Yusen Kabushiki Kaisha Average Time Charter Equivalent Rates (USD) Historical Data

The historical data trend for Nippon Yusen Kabushiki Kaisha'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.

Nippon Yusen Kabushiki Kaisha Average Time Charter Equivalent Rates (USD) Chart

Nippon Yusen Kabushiki Kaisha (TSE:9101) 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.

Nippon Yusen Kabushiki Kaisha Average Time Charter Equivalent Rates (USD) Related Terms

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

Nippon Yusen Kabushiki Kaisha (TSE:9101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nippon Yusen Kabushiki Kaisha (TSE:9101) » Definitions » Average Time Charter Equivalent Rates (USD)

Comparable Companies

Traded in Other Exchanges

NYUKF:USA NPNYY:USA NYKA:Germany

Address

3 - 2, Marunouchi 2 Chome, Chiyoda-Ku, Tokyo, JPN, 100-0005

Website

http://www.nyk.com

Nippon Yusen Kabushiki Kaisha is a transportation and logistics company domiciled in Japan. The company organises itself into three divisions: global logistics, bulk shipping, and others. Global logistics, which contributes the majority of revenue, ships containers, transport air cargo, and provides logistics services. Bulk shipping, the next most significant division, transports dry bulk, including iron ore and grain; automobiles; and liquids, including oil. The other division develops and sells real estate, and operates cruise ships. The company derives the majority of revenue domestically.

Nippon Yusen Kabushiki Kaisha (TSE:9101) Headlines

No Headlines