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

View and export this data going back to 2001. Start your Free Trial

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

FRO's Average Time Charter Equivalent Rates (USD) is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Average Time Charter Equivalent Rates (USD) only.

Frontline Average Time Charter Equivalent Rates (USD) Historical Data

The historical data trend for Frontline'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.

Frontline Average Time Charter Equivalent Rates (USD) Chart

Frontline Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Average Time Charter Equivalent Rates (USD)

Get a 7-Day Free Trial

Competitive Comparison of Frontline's Average Time Charter Equivalent Rates (USD)

For the Oil & Gas Midstream subindustry, Frontline'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.

Frontline (NYSE:FRO) 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.

Frontline Average Time Charter Equivalent Rates (USD) Related Terms

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

Frontline (Frontline) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Frontline Plc (NYSE:FRO) » Definitions » Average Time Charter Equivalent Rates (USD)

Comparable Companies

ETRN DTM ENLC STNG AM PAGP VNOM NS HESM INSW TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

FROo:Sweden FRO:Norway FRO1:Mexico FROo:UK 0REH:UK HF6:Germany

Address

8, John Kennedy Street, 7th floor, Iris House, Office 740B, Limassol, CYP, 3106

Website

https://www.frontlineplc.cy

Frontline Plc is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.