Navalyze · Bulk carrier · Ship

YUAN HAI

IMO: 9229697
Type: Bulk carrier
Average cargo carried: 35,087 t
Port of registry: Panama
Technical efficiency: EEXI 4.33 g CO₂/t·nm
Former names: EQUINOX SEAS

ISM company (DoC holder) in 2025: HONG KONG HIGHSOAR SHIPPING CO., LIMITED

Report year

2025 at a glance

From the 2025 THETIS-MRV report. Carries about 35,087 t of cargo on average.

Fuel kg/nm

94.5

Bulk carrier median 82.6 kg/nm (+14%)

CO₂ per transport work (cargo)

8.54

g CO₂/t·nm · Bulk carrier median 7.89 (+8%)

Average speed

11.0 kn

Bulk carrier median 10.7 kn (+3%)

Fuel per day at sea

24.9 t/day

Fuel consumed

446 t

CO₂ emitted

1,414 t

1,436 t CO₂eq incl. CH₄ and N₂O

Distance sailed

4,718 nm

CO₂ ÷ CO₂ per mile

Time at sea

429 h

18 days, 5% of the year

Within the bulk carrier fleet, 2025

Set against all 3,610 bulk carrier ships with a full-year 2025 report. Bigger ships burn more per mile but less per tonne of cargo, so read fuel per mile with the ship's size in mind.

Fuel kg/nmThis ship 94.5 kg/nm · median 82.6 (+14%)

61.0Ranks 2,635 of 3,610, lowest first114.1

Average speedThis ship 11.0 kn · median 10.7 (+3%)

8.8Faster than 63% of bulk carrier ships11.8

CO₂ per transport work (cargo)This ship 8.54 g CO₂/t·nm · median 7.89 (+8%)

4.80Ranks 2,105 of 3,610, lowest first15.93

Middle 80% of shipsMiddle 50%Bulk carrier medianThis ship

Where the emissions happen, 2025

THETIS splits each ship's CO₂ by voyage type. The split sets how much falls under the EU ETS: all of it within the EU and at berth, half of it on voyages into or out of the EU.

Between EU ports0%
From the EU24%
Into the EU75%
At berth in the EU1%

50% of this ship's CO₂ falls under the EU ETS (712 t).

Fuel burned laden

337 t

76% of all fuel; 24% in ballast or unladen

CO₂ at berth

11 t

0.8% of the ship's CO₂, alongside in EU ports

Methane (CH₄)

0.0 t

Mainly from LNG; small for oil, biofuel and methanol

CO₂eq uplift

+22 t

+1.6% CO₂eq on top of CO₂ alone, from CH₄ and N₂O; counted in full from 2026

Over the years

Full-year reports only. The Bulk carrier median is the middle ship of all bulk carrier ships reporting that year; it moves with the fleet, so a ship can gain on it without changing itself.

Fuel kg/nm

YUAN HAI
Bulk carrier median

70.080.090.0100.0110.0120.0

’182018’192019’202020’212021’222022’232023’242024’252025

Average speed, kn

YUAN HAI
Bulk carrier median

10.011.012.013.014.0

’182018’192019’202020’212021’222022’232023’242024’252025

CO₂ per transport work (cargo), g CO₂/t·nm

YUAN HAI
Bulk carrier median

6.08.010.012.014.016.0

’182018’192019’202020’212021’222022’232023’242024’252025

Year on year

Year	Average speed	Fuel kg/nm	Fuel per day at sea	Distance	CO₂ per transport work	Reading
2024→2025	−0.9 kn	+22%	+13%	−72%	−1%	0.9 kn slower, fuel per mile up 22%; worse than speed alone explains (fouling, weather, loading or trade).
2023→2024	+0.4 kn	−14%	−12%	−1%	−11%	0.4 kn faster, fuel per mile down 14%; better than speed alone explains (hull, engine or trade).
2022→2023	+0.5 kn	+11%	+16%	+201%	−16%	0.5 kn faster, fuel per mile up 11%; in line with the speed change.
2021→2022	−2.1 kn	−21%	−33%	−69%	+36%	2.1 kn slower, fuel per mile down 21%; worse than speed alone explains (fouling, weather, loading or trade).
2020→2021	+2.0 kn	+7%	+27%	+442%	+27%	2.0 kn faster, fuel per mile up 7%; better than speed alone explains (hull, engine or trade).
2019→2020	+0.0 kn	−8%	−8%	−80%	−53%	Same speed, fuel per mile down 8%; better than speed alone explains (hull, engine or trade).
2018→2019	−0.3 kn	−8%	−10%	+68%	+32%	0.3 kn slower, fuel per mile down 8%; in line with the speed change.

Fuel per mile rises roughly with the square of speed for a given ship, so a change in speed explains much of a change in fuel per mile.

Every reporting year

One row per THETIS-MRV report. A ship that changed operator during a year has a part-year report for each.

Operation

Year	ISM company	Fuel t	CO₂ t	Distance nm	Hours at seah	Average speedknots at sea	Fuel kg/nmthis ship	CO₂ per transport work (cargo)g/t·nm, this ship	Laden fuel
2025	HONG KONG HIGHSOAR SHIPPING CO., LIMITED	446	1,414	4,718	429	11.0	94.5	8.54	76%
2024	EQUINOX MARITIME LTD	1,303	4,098	16,822	1,412	11.9	77.5	8.65	72%
2023	not published	1,537	4,797	16,990	1,477	11.5	90.4	9.68	68%
2022	not published	460	1,433	5,652	512	11.0	81.3	11.54	–
2021	not published	1,901	6,003	18,521	1,414	13.1	102.6	8.48	–
2020	not published	326	1,029	3,415	307	11.1	95.6	6.67	–
2019	not published	1,772	5,556	17,063	1,532	11.1	103.9	14.29	–
2018	not published	1,143	3,569	10,140	886	11.4	112.7	10.83	–

Benchmark and verification

Year	ISM company	CO₂ per TW, g CO₂/t·nm	Bulk carrier median	vs Bulk carrier	Rank	Verifier	Methods
2025	HONG KONG HIGHSOAR SHIPPING CO., LIMITED	8.54	7.89	+8%	2,105 of 3,610	ABS	A
2024	EQUINOX MARITIME LTD	8.65	8.09	+7%	1,745 of 3,089	ABS	A
2023	not published	9.68	8.27	+17%	2,257 of 3,548	ABS	A
2022	not published	11.54	8.71	+32%	2,913 of 3,968	ABS	A
2021	not published	8.48	8.57	−1%	1,684 of 3,466	ABS	A
2020	not published	6.67	8.24	−19%	913 of 3,150	ABS	A
2019	not published	14.29	8.38	+71%	2,937 of 3,360	ABS	A
2018	not published	10.83	8.50	+27%	2,464 of 3,384	ABS	A

Fuel per mile and CO₂ per tonne-mile are the ship's own reported KPIs. Bulk carrier ships are benchmarked on CO₂ per transport work (cargo) (TW), in g CO₂/t·nm. CO₂eq adds methane and nitrous oxide and is in the public files from 2024. Rank counts from the lowest figure among that year's bulk carrier ships. Methods: A delivery notes, B tank monitoring, C flow meters, D direct measurement. FuelEU GHG intensity is not shown: it needs fuel types, which the public file does not carry. Operators are named only from 2024, the first year the public files carry them; earlier years belong to the ship, not to any company.