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  2. Worldscale - Wikipedia

    en.wikipedia.org/wiki/Worldscale

    Worldscale. Worldscale is a unified system of establishing payment of freight rate for a given oil tanker 's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. A large table was created as result.

  3. Time charter equivalent - Wikipedia

    en.wikipedia.org/wiki/Time_Charter_Equivalent

    The time charter equivalent (TCE) rate is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company's performance despite changes in the mix of charter types (i.e., spot charters, time charters and bareboat charters) under which the vessels may be employed between the periods. TCE ...

  4. Freight rate - Wikipedia

    en.wikipedia.org/wiki/Freight_rate

    Freight rate. A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

  6. The shipping industry is sounding the alarm as another ... - AOL

    www.aol.com/shipping-industry-sounding-alarm...

    In the week to Thursday, the composite cost of shipping a typical 40-foot container on eight major East-West routes hit $5,117, up 233% from a year ago, according to London-based shipping ...

  7. Forward freight agreement - Wikipedia

    en.wikipedia.org/wiki/Forward_freight_agreement

    A forward freight agreement ( FFA) is a financial forward contract that allows ship owners, charterers and speculators to hedge against the volatility of freight rates. It gives the contract owner the right to buy and sell the price of freight for future dates. FFAs are built on an index composed of a shipping route for tanker or a basket of ...

  8. On Gaza pier, US troops confront waves, destruction and aid ...

    www.aol.com/news/gaza-pier-us-troops-confront...

    U.S. President Joe Biden announced in March the plan to put the pier in place for aid deliveries as famine loomed in Gaza. As of Tuesday, 8,332 pallets had been delivered via the pier. But nearly ...

  9. ‘I’ve had 16 free batteries’: This Florida woman used ...

    www.aol.com/finance/ve-had-16-free-batteries...

    Read more: Car insurance rates have spiked in the US to a stunning $2,150/year — but you can be smarter than that. Here's how you can save yourself as much as $820 annually in minutes (it's 100% ...

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