Baltic Exchange has launched a new Time Charter Equivalent (TCE) earnings calculator, designed to bring clarity and consistency to freight assessments in an increasingly complex market. The calculator builds on the Balticās long-standing TCE methodology, which has been in use since 2008. Users can see the constituent parts of the standard calculation, including income lines, expenses, port and canal charges, helping ensure transparency and accurate benchmarking. This is particularly valuable as ships adapt to new trading patterns driven by geopolitical tensions and shifting global routes.