Turnaround Time
Turnaround time (TAT) in maritime context refers to the time taken by a ship to complete a voyage from one port to another and return to the original port. It includes the time spent in loading and unloading cargo, refuelling, and other necessary activities. TAT is an important factor in determining the efficiency of a shipping company as it directly affects the profitability of the business. A shorter TAT means more trips can be made in a given time period, resulting in higher revenue. Factors that can affect TAT include weather conditions, port congestion, and the efficiency of the loading and unloading process.
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