ZERO44 Releases Free Biofuel Calculator
ZERO44, a provider of software for maritime emissions compliance, has released a free, interactive fuel cost calculator on its website. The tool shows ship operators how the economics of replacing fossil fuel with biofuel change once carbon regulations are taken into account, and how that picture shifts year by year.Beyond the price per tonneAccording to ZERO44, fuel prices are still frequently compared on a one-to-one basis: what does a tonne of biofuel cost against a tonne of fossil fuel?
Baltic Exchange Launches New TCE Earnings Calculator to Simplify Freight, Emissions Analysis
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 Baltic’s 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.
