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Compare Period Charter Feature

The Compare Period Charter feature helps you analyze different charter periods easily. This tool simplifies your decision-making process, allowing you to choose the best options for your needs. You will find it intuitive and straightforward to compare charter terms effectively.

Key Features

Side-by-side comparison of charter periods
User-friendly interface for easy navigation
Detailed analytics for informed decisions
Customizable filters to suit your criteria
Save and share comparisons for collaboration

Potential Use Cases and Benefits

Evaluate different charter options for budget planning
Choose the best charter period for specific projects
Facilitate discussions with stakeholders by presenting clear options
Make data-driven decisions in real-time
Enhance your operational efficiency and cost management

This feature addresses your challenge of selecting the right charter period by providing clear insights and streamlined comparisons. You can effortlessly navigate through various options and make confident choices that align with your objectives. Bring clarity to your decisions and maximize your chartering experience.

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Time charter equivalent is calculated by taking voyage revenues, subtracting voyage expense, 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.
A voyage charter is the hiring of a vessel and crew for a voyage between a load port and a discharge port. A time charter is the hiring of a vessel for a specific period of time. The owner still manages the vessel, but the charterer selects the ports and directs the vessel where to go.
A bare boat charter is also referred to as a demise charter. Under this the owner of the ship gives its possession to a charterer who hires his own crew and master. A time charter refers to a ship that has been hired by a person for carrying out a trade for a specific period of time.
Definition of voyage charter party : a charter party whereby the owner of a ship agrees to transport a full shipload of cargo owned or furnished by another person with the ship's crew and master in control of the navigation.
A bare boat charter or demise charter is an arrangement for the chartering or hiring of a ship or boat, whereby no crew or provisions are included as part of the agreement. Instead, the people who rent the vessel from the owner are responsible for taking care of such things.
Voyage costs are the costs incurred to earn the freight or other voyage revenue. They vary with the length of the voyage and the number of port calls.
Voyage Definition: In maritime law, the time of a ship's transit from one place to another. If a ship of war or other ship is sent on a particular expedition, her voyage would generally include her return home, as a voyage of convoy or of exploration or discovery.
Time charter equivalent is calculated by taking voyage revenues, subtracting voyage expense, 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.

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