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this practical application focuses on time charter equivalent we will see how to do time charter equivalent calculations using this form which is ready and has formulas already embedded in the sheet there is another example with the actual calculations done on a spreadsheet showing all the maths but this one is something that charterers or operators would use to calculate the time charter equivalent and where they can just input information and arrive at the end to the time charter equivalent in this box an example is given on the second sheet which is related to tanker fixtures we just want to illustrate here how all the data is embedded in the sheet the example we have here is the same as the tutorial we had earlier we have all the information the first part is particulars of the voyage related to the ship what is the size of the ship the distance with the ship laden and with ballast the sea margin total distance speed daily running costs and then we have the cargo particulars infor
