Grupo TMM (Grupo TMM) Average Time Charter Equivalent Rates (USD) : 0.00 (As of . 20)

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

GTMAY'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.

Grupo TMM Average Time Charter Equivalent Rates (USD) Historical Data

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

Grupo TMM Annual Data

Trend

Dec17

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Dec21

Average Time Charter Equivalent Rates (USD)

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Competitive Comparison of Grupo TMM's Average Time Charter Equivalent Rates (USD)

For the Marine Shipping subindustry, Grupo TMM'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.

Grupo TMM (OTCPK:GTMAY) 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.

Grupo TMM Average Time Charter Equivalent Rates (USD) Related Terms

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Grupo TMM (Grupo TMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grupo TMM SA (OTCPK:GTMAY) » Definitions » Average Time Charter Equivalent Rates (USD)

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TMMA:Mexico

Address

Paseo de la Reforma No. 296, P.19. Colonia Juarez, Mexico, MEX, 06600

Website

https://www.tmm.com.mx

Grupo TMM SA is an integrated logistics and transportation company in Mexico. It provides dynamic ocean transportation services to various international and domestic clients. The company operates through four segments namely Maritime division, Logistics division, Ports, and terminals division and Warehousing division. The Maritime division includes transportation of bulk liquid products, materials, provisions for drilling platforms, and towing services for ships. The Logistics segment provides trucking services to various manufacturers and retailers. Operations at ports and terminals assist in loading and unloading, storage at maritime port terminals, and shipping agency operations. The warehousing segment includes storage and management of the facilities and bonded warehouses.

Grupo TMM (Grupo TMM) Headlines

From GuruFocus

Grupo TMM Announces Appointment of Vanessa Serrano Cuevas as Its New Chief Executive Officer

By Marketwired Marketwired • 09-03-2020

Grupo TMM Announces Changes in Its Organizational Structure

By GlobeNewswire GlobeNewswire • 01-13-2021

Vanessa Serrano Cuevas Acquires Shares by Donation

By Marketwired Marketwired • 01-19-2021

Grupo TMM Announces Changes in Its Organizational Structure

By Marketwired Marketwired • 01-13-2021

Grupo TMM Announces That Its 2020 Annual Report and First Quarter of 2021 Results Will Be Published in May

By Marketwired Marketwired • 04-29-2021

Vanessa Serrano Cuevas Acquires Shares by Donation

By GlobeNewswire GlobeNewswire • 01-19-2021