Navalyze · Bulk carrier · Ship

FEDERAL SETO

IMO: 9267209
Type: Bulk carrier
Average cargo carried: 17,273 t
Flag (estimated): Marshall Islands
Port of registry: Majuro
Technical efficiency: EEXI 5.14 g CO₂/t·nm
Ice class: IC

ISM company (DoC holder) in 2025: Baffin Investments Limited

Report year

2025 at a glance

From the 2025 THETIS-MRV report. Carries about 17,273 t of cargo on average.

Fuel kg/nm

62.9

Bulk carrier median 82.6 kg/nm (−24%)

CO₂ per transport work (cargo)

11.5

g CO₂/t·nm · Bulk carrier median 7.90 (+45%)

Average speed

10.1 kn

Bulk carrier median 10.7 kn (−6%)

Fuel per day at sea

15.3 t/day

Fuel consumed

1,158 t

CO₂ emitted

3,648 t

3,705 t CO₂eq incl. CH₄ and N₂O

Distance sailed

18,396 nm

CO₂ ÷ CO₂ per mile

Time at sea

1,815 h

76 days, 21% of the year

Within the bulk carrier fleet, 2025

Set against all 3,611 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 62.9 kg/nm · median 82.6 (−24%)

61.0Ranks 469 of 3,611, lowest first114

Average speedThis ship 10.1 kn · median 10.7 (−6%)

8.8Faster than 32% of bulk carrier ships11.8

CO₂ per transport work (cargo)This ship 11.5 g CO₂/t·nm · median 7.90 (+45%)

4.80Ranks 2,871 of 3,611, lowest first15.9

Middle 80% of shipsMiddle 50%Bulk carrier medianThis ship

Where the emissions happen, 2025

THETIS splits each ship's emissions 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 EU49%
Into the EU48%
At berth in the EU4%

52% of this ship's CO₂ falls under the EU ETS (1,890 t).

Fuel burned laden

584 t

50% of all fuel; 50% in ballast or unladen

CO₂ at berth

132 t

3.6% of the ship's CO₂, alongside in EU ports

Methane (CH₄)

0.1 t

Mainly from LNG; small for oil, biofuel and methanol

CO₂eq uplift

+57 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

FEDERAL SETO
Bulk carrier median

60.070.080.090.0100.0

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

Average speed, kn

FEDERAL SETO
Bulk carrier median

10.011.012.013.0

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

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

FEDERAL SETO
Bulk carrier median

7.08.09.010.011.012.0

’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	−0.4 kn	+5%	+1%	−30%	+31%	0.4 kn slower, fuel per mile up 5%; worse than speed alone explains (fouling, weather, loading or trade).
2023→2024	−0.1 kn	−8%	−9%	−41%	−20%	Same speed, fuel per mile down 8%; better than speed alone explains (hull, engine or trade).
2022→2023	−0.4 kn	−10%	−13%	+112%	+5%	0.4 kn slower, fuel per mile down 10%; in line with the speed change.
2021→2022	−1.2 kn	−5%	−15%	+107%	−0%	1.2 kn slower, fuel per mile down 5%; worse than speed alone explains (fouling, weather, loading or trade).
2020→2021	+1.7 kn	+12%	+29%	−46%	+2%	1.7 kn faster, fuel per mile up 12%; better than speed alone explains (hull, engine or trade).
2019→2020	−1.4 kn	−5%	−16%	+54%	−5%	1.4 kn slower, fuel per mile down 5%; worse than speed alone explains (fouling, weather, loading or trade).
2018→2019	+1.8 kn	−11%	+5%	−40%	−9%	1.8 kn faster, fuel per mile down 11%; better than speed alone explains (hull, engine or trade).

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	Baffin Investments Limited	1,158	3,648	18,396	1,815	10.1	62.9	11.5	50%
2024	Baffin Investments Limited	1,579	4,986	26,283	2,503	10.5	60.1	8.74	80%
2023	not published	2,908	9,215	44,722	4,214	10.6	65.0	10.9	81%
2022	not published	1,524	4,844	21,055	1,922	11.0	72.4	10.4	90%
2021	not published	779	2,477	10,175	834	12.2	76.5	10.4	92%
2020	not published	1,303	4,129	18,993	1,806	10.5	68.6	10.2	77%
2019	not published	891	2,807	12,306	1,034	11.9	72.4	10.8	92%
2018	not published	1,674	5,302	20,633	2,033	10.1	81.1	11.8	35%

Benchmark and verification

Year	ISM company	CO₂ per TW, g CO₂/t·nm	Bulk carrier median	vs Bulk carrier	Rank	Verifier	Methods
2025	Baffin Investments Limited	11.5	7.90	+45%	2,871 of 3,611	ABS	B+C
2024	Baffin Investments Limited	8.74	8.09	+8%	1,776 of 3,089	ABS	B+C
2023	not published	10.9	8.27	+32%	2,572 of 3,548	ABS	C
2022	not published	10.4	8.71	+20%	2,615 of 3,968	ABS	C
2021	not published	10.4	8.57	+22%	2,392 of 3,466	ABS	C
2020	not published	10.2	8.24	+24%	2,208 of 3,150	ABS	C
2019	not published	10.8	8.38	+28%	2,436 of 3,360	ABS	C
2018	not published	11.8	8.50	+39%	2,633 of 3,384	ABS	C

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.