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Navalyze · Bulk carrier · Ship

FREE STATE

IMO
9386392
Type
Bulk carrier
Average cargo carried
18,983 t
Technical efficiency
EIV 4.42 g CO₂/t·nm

ISM company (DoC holder) in 2025: New Horizon Shipmanagement SA

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2025 at a glance

From the 2025 THETIS-MRV report. Carries about 18,983 t of cargo on average.

Fuel kg/nm
96.0
Bulk carrier median 82.6 kg/nm (+16%)
CO₂ per transport work (cargo)
16.04
g CO₂/t·nm · Bulk carrier median 7.89 (+103%)
Average speed
10.4 kn
Bulk carrier median 10.7 kn (−3%)
Fuel per day at sea
23.9 t/day
Fuel consumed
259 t
CO₂ emitted
822 t
835 t CO₂eq incl. CH₄ and N₂O
Distance sailed
2,699 nm
CO₂ ÷ CO₂ per mile
Time at sea
261 h
11 days, 3% 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 96.0 kg/nm · median 82.6 (+16%)
61.0Ranks 2,733 of 3,610, lowest first114.1
Average speedThis ship 10.4 kn · median 10.7 (−3%)
8.8Faster than 38% of bulk carrier ships11.8
CO₂ per transport work (cargo)This ship 16.04 g CO₂/t·nm · median 7.89 (+103%)
4.80Ranks 3,256 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 EU46%
  • Into the EU45%
  • At berth in the EU10%

55% of this ship's CO₂ falls under the EU ETS (450 t).

Fuel burned laden
–
Not reported
CO₂ at berth
79 t
9.6% 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
+13 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

  • FREE STATE
  • Bulk carrier median

Average speed, kn

  • FREE STATE
  • Bulk carrier median

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

  • FREE STATE
  • Bulk carrier median

Year on year

YearAverage speedFuel kg/nmFuel per day at seaDistanceCO₂ per transport workReading
2024→2025−0.5 kn+4%−1%−73%+56%0.5 kn slower, fuel per mile up 4%; worse than speed alone explains (fouling, weather, loading or trade).
2023→2024+0.7 kn−12%−6%+104%+65%0.7 kn faster, fuel per mile down 12%; better than speed alone explains (hull, engine or trade).
2022→2023−1.0 kn+10%+0%−60%−9%1.0 kn slower, fuel per mile up 10%; worse than speed alone explains (fouling, weather, loading or trade).
2021→2022−1.0 kn−10%−18%+9%−19%1.0 kn slower, fuel per mile down 10%; worse than speed alone explains (fouling, weather, loading or trade).
2020→2021+0.6 kn+22%+28%+46%−35%0.6 kn faster, fuel per mile up 22%; worse than speed alone explains (fouling, weather, loading or trade).
2019→2020+0.6 kn−12%−7%−46%+59%0.6 kn faster, fuel per mile down 12%; better than speed alone explains (hull, engine or trade).
2018→2019−0.3 kn+3%+0%−18%−9%0.3 kn slower, fuel per mile up 3%; worse than speed alone explains (fouling, weather, loading 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

YearISM companyFuel tCO₂ tDistance nmHours at seahAverage speedknots at seaFuel kg/nmthis shipCO₂ per transport work (cargo)g/t·nm, this shipLaden fuel
2025New Horizon Shipmanagement SA2598222,69926110.496.016.04–
2024New Horizon Shipmanagement SA9102,8839,81990510.992.710.25–
2023not published5061,5974,82147510.2104.96.20–
2022not published1,1643,68912,1901,09011.295.56.78–
2021not published1,1923,77711,17591912.2106.78.37–
2020not published6702,1287,63066011.687.812.82–
2019not published1,3984,38914,0691,28011.099.38.08–
2018not published1,6565,19717,2061,52411.396.38.91–

Benchmark and verification

YearISM companyCO₂ per TW, g CO₂/t·nmBulk carrier medianvs Bulk carrierRankVerifierMethods
2025New Horizon Shipmanagement SA16.047.89+103%3,256 of 3,610Dromon Bureau of Shipping–
2024New Horizon Shipmanagement SA10.258.09+27%2,193 of 3,089Dromon Bureau of Shipping–
2023not published6.208.27−25%841 of 3,548Dromon Bureau of Shipping–
2022not published6.788.71−22%1,063 of 3,968Dromon Bureau of ShippingA
2021not published8.378.57−2%1,629 of 3,466Dromon Bureau of ShippingA
2020not published12.828.24+56%2,678 of 3,150Dromon Bureau of ShippingA
2019not published8.088.38−4%1,566 of 3,360Dromon Bureau of ShippingA
2018not published8.918.50+5%1,848 of 3,384Dromon Bureau of Shipping–

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.

FREE STATE (IMO 9386392): fuel, emissions and EU ETS 2018–2025 | Navalyze