Navios Maritime Partners LP (Navios Maritime Partners LP) Average Time Charter Equivalent Rates (USD) : 11,202.00 (As of Jun. 2020)

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What is Navios Maritime Partners LP 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.

Navios Maritime Partners LP's Average Time Charter Equivalent Rates (USD) for the quarter that ended in Jun. 2020 was 11,202.00 , which higher from pervious quarter (Mar. 2020)'s result by 4.53%.

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

NMM'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.

Navios Maritime Partners LP Average Time Charter Equivalent Rates (USD) Historical Data

The historical data trend for Navios Maritime Partners LP'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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Navios Maritime Partners LP Average Time Charter Equivalent Rates (USD) Chart

Navios Maritime Partners LP Annual Data

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Navios Maritime Partners LPQuarterly Data

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Competitive Comparison of Navios Maritime Partners LP's Average Time Charter Equivalent Rates (USD)

For the Marine Shipping subindustry, Navios Maritime Partners LP'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.

Navios Maritime Partners LP (NYSE:NMM) 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.

Navios Maritime Partners LP Average Time Charter Equivalent Rates (USD) Related Terms

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Navios Maritime Partners LP (Navios Maritime Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Navios Maritime Partners LP (NYSE:NMM) » Definitions » Average Time Charter Equivalent Rates (USD)

Comparable Companies

Traded in Other Exchanges

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Address

7 Avenue de Grande Bretagne, Office 11B2, Monte Carlo, MCO, MC 98000

Website

https://www.navios-mlp.com

Navios Maritime Partners LP is a seaborne shipping company. It owns and operates dry cargo and container vessels with the primary long-term and staggered expiration charters. The firm's fleet consists of Ultra- Handymax, Panamax, Capsize, and Container vessels and categorized in Drybulk and Container vessels. It earns revenue through chartering of vessels, voyage contracts. Geographically, it generates majority revenue from Asia.