C14 benchmark route for Capesize: China → Brazil RV. Rate × distance → TCE.
Formula
$$ R = TCE \cdot d $$Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| $C14$ | Route code | - | Baltic Exchange / Clarksons |
Sources
- Baltic Exchange BDI.
C14 benchmark route for Capesize: China → Brazil RV. Rate × distance → TCE.
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| $C14$ | Route code | - | Baltic Exchange / Clarksons |