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<img border="0" src="http://shivnath.c.googlepages.com/Google.JPG"/>FreeSeas Reports 2011 First Quarter Financial Results; Company to host ... - American Chronicle Posted: 07 Jun 2011 06:52 AM PDT FreeSeas Reports 2011 First Quarter Financial Results; Company to host ... American Chronicle (8) Time charter equivalent, or TCE, is a measure of the average daily revenue performance of a vessel on a per voyage basis. Our method of calculating TCE is consistent with industry standards and is determined by dividing operating revenues (net of ...

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