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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.
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 ...
Baltic Dry Index. The Baltic Dry Index ( BDI) is a shipping freight-cost index issued daily by the London -based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
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Grab also has a tool that uses real-time information and past data to guide drivers to locations where there’s high demand, which Kandal describes as a value-added service compared to other ride ...
Adidas Athletic Cushioned Quarter Socks, 6 Pairs. $17 $22 Save $5. These cushioned socks are popular because they give you a plush landing pad step after step. Plus, the built-in arch compression ...
Dimensional weight, also known as volumetric weight, is a pricing technique for commercial freight transport (including courier and postal services ), which uses an estimated weight that is calculated from the length, width and height of a package. The shipping fee is based upon the dimensional weight or the actual weight, whichever is greater.
Connie Chiume, the veteran South African actress who starred in the 2018 Marvel movie “Black Panther,” has died aged 72. Her family confirmed her death at a Johannesburg hospital in a short ...