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TC12 - West Coast India → Japan

TC12 benchmark route for MR: West Coast India → Japan. Rate × distance → TCE.

Freight indexMRTC12
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Formula, assumptions, and limits

R=TCEdR = TCE \cdot d
SymbolMeaningUnit
TC12TC12Route code

Source: Baltic Exchange BDI

In short

TC12 benchmark route for MR: West Coast India \u2192 Japan.

Learn the theory Baltic Dry Index and Freight Indices