New time charter equivalent (TCE) calculator clarifies freight and emissions benchmarking
A new time charter equivalent (TCE) earnings calculator has been launched to bring greater clarity and consistency to freight assessments in an increasingly complex market.
Baltic Exchange said the tool was built on its TCE methodology, which has been in use since 2008, and allows users to see the constituent parts of the standard calculation, including income lines, expenses, port charges and canal charges, to support transparent benchmarking.
This structure was presented as particularly valuable as ships adjusted to new trading patterns shaped by geopolitical tensions and altered global routes.
Baltic Exchange senior freight market assessor Stephen Aitchison said market participants had been asking for greater transparency and consistency in how freight earnings were compared.
He said, “The new calculator builds directly on our established TCE benchmarks, turning a complex calculation into a clear, practical tool that reflects real-world trading conditions against the Baltic standard vessels and routes.”
