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Daily TCE Rate
Average daily net earnings per vessel after voyage expenses (Time Charter Equivalent), reflecting the effective freight rate Castor Maritime realizes. Directly drives revenue and cash flow—higher TCEs mean better top‑line performance, lower TCEs reduce profitability even if utilization is steady.The series shows classic spot-market cyclicality: a deep trough in early 2025 followed by a sustained multi-quarter rally into 2026, indicating a meaningful recovery in chartering conditions. Given Castor’s spot exposure, this should lift cash flow and margin visibility quickly, but the prior swings underscore that earnings will remain lumpy and highly demand-sensitive. For retail investors, current momentum enhances upside to distributions and valuation, yet position sizing should reflect persistent seasonality and downside risk if global dry-bulk demand cools again.
Date | Daily TCE Rate |
|---|---|
Jun 30, 2026 | $16.70K |
Mar 31, 2026 | $14.93K |
Dec 31, 2025 | $14.46K |
Sep 30, 2025 | $13.36K |
Jun 30, 2025 | $11.52K |
Mar 31, 2025 | $9.55K |
Dec 31, 2024 | $11.65K |
Sep 30, 2024 | $13.37K |
Jun 30, 2024 | $14.25K |
Mar 31, 2024 | $13.41K |