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Calcimator

Charter Rate (TCE) Calculator

Calculate time charter equivalent from voyage economics including freight revenue and voyage expenses.

Inputs

$
days
$
$
$
%

Results

Time Charter Equivalent

$9,375

Voyage Profit

$281,250

Annual TCE$3,421,875
Net Revenue$481,250
Total Voyage Expenses$200,000
Break-Even Freight$207,792.21
How to Use This Calculator
  1. Enter freight revenue, voyage duration in days, and total fuel cost in dollars.
  2. Input port costs, canal/transit fees, and broker commission percentage.
  3. Review the Time Charter Equivalent (TCE) in $/day — the key shipping profitability metric.
  4. Check voyage profit to determine if the voyage is commercially viable.
  5. Compare TCE against prevailing market rates to evaluate the charter opportunity.
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