Free Tool

TCE Voyage Estimator

Time Charter Equivalent for a single voyage — freight revenue minus bunkers, port costs and commission, divided by voyage days.

Jebel Ali (Dubai)Singapore3,502 nm · modelled sea route
Gross freight$960,000
Bunkers (324 mt)−$210,595
Port costs−$120,000
Other costs−$0
Commission (2.5%)−$24,000
Net voyage result$605,405
$37,464TCE per day
16.2voyage days (12.2 sea + 4 port)
$354,595total voyage costs
Speed ↓ / Rate →$8/mt$10/mt$12/mt$14/mt$16/mt
10 kn$13,656$22,047$30,438$38,828$47,219
12 kn$18,157$27,810$37,464$47,117$56,771
14 kn$22,301$33,117$43,933$54,750$65,566
16 kn$26,129$38,019$49,910$61,800$73,690
18 kn$29,676$42,561$55,447$68,333$81,218
20 kn$32,972$46,782$60,592$74,403$88,213
22 kn$36,042$50,714$65,386$80,058$94,730

TCE = net voyage result ÷ voyage days. Sea distance is a routing-model estimate between port positions (override it with your own figure above); bunkers use your stated consumption at constant speed. Excludes canal transit time, weather delays, ballast legs, off-hire and financing. A screening figure for comparison — not a fixture decision.

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How it works

Standard voyage-economics math, no black box.

The formula

TCE = (gross freight − bunkers − port costs − other costs − commission) ÷ voyage days. The same arithmetic chartering desks run — shown line by line so every figure can be checked.

Real sea-route legs

The laden leg uses a precomputed sea-route distance between the two ports — canals and chokepoints included — not a straight-line guess. All economics come from your inputs.

What it excludes

Ballast positioning legs, canal transit time, weather and congestion delays, off-hire, financing and vessel opex. Treat the figure as a screening comparison, not a fixture decision.

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