CoboCards App FAQ & Wishes Feedback
Language: English Language
Sign up for free  Login

This flashcard is just one of a free flashcard set. See all flashcards!

All main topics / Naval Architecture / Marine Transport and Economics / 50 Essential Shipping Terms
Time charter equivalent
The spot freight rate (e.g. $20 per tonne for a 40,000 tonne cargo) converted into a daily hire rate for the voyage (e.g. $20,000 per day) by deducting voyage costs from the gross freight and dividing by the days on the voyage, including necessary ballast time.
Source: Maritime Economics, 3rd edition
New comment
Flashcard info:
Author: andersson.j
Main topic: Naval Architecture
Topic: Marine Transport and Economics
School / Univ.: Chalmers
City: Gothenburg
Published: 15.10.2009




Forgot password?
Deutsch  English