Circular 38/23 - Announcement: Use of USD Port Costs in TCE Calculation
Family: BDTI, BCTI, BLPG, BLNG, BCI, BPI
Please be informed that, as a measure to improve the transparency of Timecharter Equivalent (TCE) calculations, the Baltic will publish the port costs, provided by Cory Brothers Ltd, in both local currency and USD with effect from Monday 18 December 2023. Port costs will be updated monthly and TCE calculations will be based on USD values.
The port costs used for TCE calculations are published in the members area of balticexchange.com Historic Port Cost (HPC) file. Any comments or feedback, please direct your message to balticbroker@balticexchange.com
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