GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Capital Product Partners LP (NAS:CPLP) » Definitions » Average Time Charter Equivalent Rates (USD)

Capital Product Partners LP (Capital Product Partners LP) Average Time Charter Equivalent Rates (USD) : 0.00 (As of . 20)


View and export this data going back to 2007. Start your Free Trial

What is Capital Product 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.

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

CPLP'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.

Capital Product Partners LP Average Time Charter Equivalent Rates (USD) Historical Data

The historical data trend for Capital Product 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.

* Premium members only.

Capital Product Partners LP Average Time Charter Equivalent Rates (USD) Chart

Capital Product Partners LP Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Average Time Charter Equivalent Rates (USD)
Get a 7-Day Free Trial Premium Member Only Premium Member Only


Competitive Comparison of Capital Product Partners LP's Average Time Charter Equivalent Rates (USD)

For the Marine Shipping subindustry, Capital Product 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.


Capital Product Partners LP  (NAS:CPLP) 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.


Capital Product Partners LP Average Time Charter Equivalent Rates (USD) Related Terms

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


Capital Product Partners LP (Capital Product Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Iassonos Street, Piraeus, GRC, 18537
Capital Product Partners LP is in the seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils and dry cargo and containerized goods. Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers and capsize bulk carrier. Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil and jet fuel), edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.