Calculate Time Charter Equivalent (TCE) from freight rate, bunker costs, port expenses and voyage days. Compare voyage earnings against TC market rates instantly.
TCE converts voyage earnings into a daily rate for easy comparison across different voyages and vessel sizes.
VoyBulk calculates TCE with every voyage cost component accounted for precisely.
Separate sea consumption and port consumption. ECA zone mileage auto-split for MGO calculation. Ballast and laden legs treated independently.
Enter DA (Disbursement Account) estimates for each loading and discharging port. Supports multiple port rotation.
Suez Canal and Panama Canal toll calculation based on vessel GT. Cape routing option included with correct distance calculation.
Deduct broker commission (address commission + broker fee) as a percentage of freight before calculating net TCE.
See how TCE changes across a grid of freight rates vs. bunker prices. Identify your break-even freight rate and bunker sensitivity instantly.
Enter a target TCE and back-calculate the minimum freight rate needed. Essential for cargo negotiations and offer evaluation.
Reference breakeven TCE levels by vessel type (vary significantly with market cycle and vessel age).
| Vessel Type | DWT Range | Typical OPEX Breakeven TCE | Strong Market TCE |
|---|---|---|---|
| Handysize | 10,000 – 35,000 MT | $8,000 – $11,000/day | $15,000+/day |
| Supramax / Ultramax | 50,000 – 65,000 MT | $9,000 – $13,000/day | $18,000+/day |
| Panamax / Kamsarmax | 65,000 – 82,000 MT | $10,000 – $14,000/day | $20,000+/day |
| Capesize | 100,000 – 180,000 MT | $14,000 – $20,000/day | $30,000+/day |
* Reference only. Actual breakevens depend on vessel age, flag, crew nationality, financing, and market conditions.
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