TCE Variance shows whether your voyages earned what you estimated when you fixed them, and what caused the difference. TCE stands for Time Charter Equivalent. Watch the interactive guide above for a click-by-click walkthrough.
At a glance
Where to find it: Analytics > TCE Variance in the left menu.
Who it is for: Commercial and operations teams who want to see how voyage results differ from estimates.
It answers: Did our voyages earn what we estimated at fixing, and what caused the difference?
Access: Enabled per company. If you do not see it in the Analytics menu, contact your GeoServe account manager.
Quick tour
Follow these four steps to get started.
Click Analytics in the left menu, then click TCE Variance.
Read the headline figures at the top of the page (see Key figures below).
Open each tab to go deeper (see The tabs below).
Narrow the results with the filter bar at the top, if you need to.
The tabs
Each tab looks at the variance in a different way.
Tab | What it shows | Use it to |
Overview - Completed Voyages | How finished voyages performed against their estimated TCE | Get the big picture for completed voyages |
Voyage Variance | The variance of one voyage at a time | Find the voyages that moved the most |
Variance Report | The variance details across voyages | Get the figures behind each voyage |
TCE Trend | How TCE changes over time | Spot a rising or falling trend |
An Overview - Ongoing Voyages tab is also available for voyages that are still running.
Key figures
These headline figures sit at the top of the dashboard.
Figure | What it means |
Avg Estimated TCE | The average TCE you estimated when you fixed the voyages |
Avg Actual Voyage TCE | The average TCE the voyages actually earned |
TCE Variance | The weighted average difference between actual and estimated TCE |
Variance Impact TCE $ | The difference in TCE, in dollars |
Variance Swing % | The difference in TCE, as a percentage |
Voyage Days | The number of voyage days included |
Filters
Use the filter bar at the top to narrow the dashboard.
When: Complete Date (set to This year by default).
Vessel: Vessel Type, Vessel > Voyage.
People: Operations PIC, Chartering PIC, Charterer.
Status: Voyage Status.
A few things to know about how filters behave:
No Apply button: Filters apply when you close a dropdown, press Enter, or pause for about 1.5 seconds.
Clear All: Click it to go back to the default view.
Shared across tabs: Most filters carry over. Voyage Variance shows one voyage at a time, so you pick a single voyage there.
Tips
Find the big movers: Start with Voyage Variance to find the voyages that moved the most.
Get the detail: Use Variance Report for the figures behind each voyage.
Export your view: Most tables have an Export button that downloads an Excel file with your current filters applied.
FAQ
What does TCE Variance show?
It shows the difference between estimated and actual TCE for your voyages.
Why is a voyage missing?
Only voyages for vessels in your vessel list are shown. Add the vessel in My Profile > Update Your Vessels.
Where is the Apply button?
There is none. Filters apply automatically when you close a dropdown, press Enter, or pause for about 1.5 seconds.
Need more help?
Click the chat icon at the bottom right of GeoOne to message GeoOne Support.