Tidewater (STU:TD9) Average Time Charter Equivalent Rates (USD) : 0.00 (As of . 20)

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

STU:TD9'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.

Tidewater Average Time Charter Equivalent Rates (USD) Historical Data

The historical data trend for Tidewater'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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Tidewater Average Time Charter Equivalent Rates (USD) Chart

Tidewater (STU:TD9) 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.

Tidewater Average Time Charter Equivalent Rates (USD) Related Terms

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Tidewater (STU:TD9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Inc (STU:TD9) » Definitions » Average Time Charter Equivalent Rates (USD)

Comparable Companies

Traded in Other Exchanges

TDW:USA TD9:Germany

Address

842 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77024

Website

https://www.tdw.com

Tidewater Inc provides offshore service vessels and marine support services to the global offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.

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