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DCR

English translation: Daily Charter Rate


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:DCR
English translation:Daily Charter Rate
Entered by: Ildiko Santana
Options:
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- Include in personal glossary

03:29 Feb 24, 2010
English to English translations [PRO]
Bus/Financial - Transport / Transportation / Shipping / Barge Charter
English term or phrase: DCR
Related to my previous question on POB. This is another abbreviation which full form I am looking for.

Sentence: "We had basically agreed a DCR of USD xxxxxxx for the charter period, with possible extension of 15 days."
Erich Ekoputra
Indonesia
Local time: 08:27
Daily Charter Rate
Explanation:
E.g.: "Six out of Tanjung’s 7 marine support vessels are currently locked into medium-term charters. Under these arrangements, Tanjung gets paid fixed daily charter rates (“DCRs”) regardless of the utilisation of the vessels, thus ensuring revenue stability during the contracted period."
Selected response from:

Ildiko Santana
United States
Local time: 18:27
Grading comment
I guess this fits the context beautifully. Thanks a lot!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4Daily Charter Rate
Ildiko Santana
4Dubai Commodity Receipt
Ali Tuna


Discussion entries: 2





  

Answers


9 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
dcr
Dubai Commodity Receipt


Explanation:

Dubai Commodity Receipt

http://www.dmcc.ae/en/commodity-trade-finance/dubai-commodit...



Ali Tuna
United States
Local time: 21:27
Meets criteria
Native speaker of: Native in EnglishEnglish, Native in TurkishTurkish
Login to enter a peer comment (or grade)

35 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
dcr
Daily Charter Rate


Explanation:
E.g.: "Six out of Tanjung’s 7 marine support vessels are currently locked into medium-term charters. Under these arrangements, Tanjung gets paid fixed daily charter rates (“DCRs”) regardless of the utilisation of the vessels, thus ensuring revenue stability during the contracted period."


    Reference: http://www.tanjungoffshore.com.my/analyst%20report/TjOff%20(...
Ildiko Santana
United States
Local time: 18:27
Meets criteria
Native speaker of: Native in HungarianHungarian, Native in EnglishEnglish
PRO pts in category: 4
Grading comment
I guess this fits the context beautifully. Thanks a lot!

Peer comments on this answer (and responses from the answerer)
agree  Jack Doughty
4 hrs
  -> Thank you
agree  Vicky Nash
4 hrs
  -> Thank you
agree  Goldcoaster
5 hrs
  -> Thank you
agree  Christine Andersen: Definitely the best fit so far
6 hrs
  -> Thank you
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Changes made by editors
Feb 25, 2010 - Changes made by Ildiko Santana:
Edited KOG entryErich Ekoputra's old entry - "DCR" => "Daily Charter Rate"


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