Navalyze · Bulk carrier · Ship

STRATEGIC VENTURE

IMO: 9648104
Type: Bulk carrier
Average cargo carried: 26,586 t
Port of registry: Singapore
Technical efficiency: EEDI 4.61 g CO₂/t·nm

ISM company (DoC holder) in 2025: MTM SHIP MANAGEMENT (INDIA) PRIVATE LIMITED · part of MTM Ship Management

Report year

2025 at a glance

From the 2025 THETIS-MRV report. Carries about 26,586 t of cargo on average.

Fuel per mile

75.2 kg/nm

Bulk carrier median 82.6 kg/nm (−9%)

CO₂ per transport work (cargo)

8.92

g CO₂/t·nm · Bulk carrier median 7.89 (+13%)

Average speed

7.2 kn

Bulk carrier median 10.7 kn (−33%)

Fuel per day at sea

13.0 t/day

Fuel consumed

792 t

CO₂ emitted

2,499 t

2,538 t CO₂eq incl. CH₄ and N₂O

Distance sailed

10,537 nm

CO₂ ÷ CO₂ per mile

Time at sea

1,464 h

61 days, 17% 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 per mileThis ship 75.2 kg/nm · median 82.6 (−9%)

61.0Ranks 1,245 of 3,610, lowest first114.1

Average speedThis ship 7.2 kn · median 10.7 (−33%)

8.8Faster than 3% of bulk carrier ships11.8

CO₂ per transport work (cargo)This ship 8.92 g CO₂/t·nm · median 7.89 (+13%)

4.80Ranks 2,260 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 ports4%
From the EU26%
Into the EU64%
At berth in the EU6%

55% of this ship's CO₂ falls under the EU ETS (1,377 t).

Fuel burned laden

–

Not reported

CO₂ at berth

5.9%

Alongside in EU ports

Methane (CH₄)

0.0 t

Mainly from LNG; small for oil

CO₂eq ÷ CO₂

1.016

Uplift 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 per mile, kg/nm

STRATEGIC VENTURE
Bulk carrier median

60.070.080.090.0100.0

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

Average speed, kn

STRATEGIC VENTURE
Bulk carrier median

6.08.010.012.014.0

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

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

STRATEGIC VENTURE
Bulk carrier median

5.07.510.012.515.0

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

Year on year

Year	Speed	Fuel per mile	Fuel per day	Distance	CO₂ per TW	Reading
2024→2025	−4.3 kn	+1%	−37%	+39%	+2%	4.3 kn slower, fuel per mile flat; worse than speed alone explains (fouling, weather, loading or trade).
2023→2024	+2.7 kn	−16%	+10%	+225%	−41%	2.7 kn faster, fuel per mile down 16%; better than speed alone explains (hull, engine or trade).
2022→2023	−1.8 kn	+31%	+9%	−88%	+130%	1.8 kn slower, fuel per mile up 31%; worse than speed alone explains (fouling, weather, loading or trade).
2021→2022	−2.0 kn	+10%	−7%	+362%	−31%	2.0 kn slower, fuel per mile up 10%; worse than speed alone explains (fouling, weather, loading or trade).
2020→2021	+0.8 kn	−11%	−5%	−53%	+23%	0.8 kn faster, fuel per mile down 11%; better than speed alone explains (hull, engine or trade).
2019→2020	+5.5 kn	−16%	+57%	−56%	−7%	5.5 kn faster, fuel per mile down 16%; better than speed alone explains (hull, engine or trade).
2018→2019	−2.6 kn	+33%	−6%	+290%	+16%	2.6 kn slower, fuel per mile up 33%; 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

Year	ISM company	Fuel t	CO₂ t	Distance nm	At sea h	Speed kn	Fuel kg/nm	CO₂ g/t·nm	Laden fuel
2025	MTM SHIP MANAGEMENT (INDIA) PRIVATE LIMITED	792	2,499	10,537	1,464	7.2	75.2	8.92	–
2024	MTM SHIP MANAGEMENT (INDIA) PRIVATE LIMITED	563	1,773	7,559	655	11.5	74.5	8.78	97%
2023	not published	208	647	2,328	263	8.8	89.2	14.93	96%
2022	not published	1,306	4,080	19,212	1,808	10.6	68.0	6.49	98%
2021	not published	256	808	4,160	330	12.6	61.6	9.47	93%
2020	not published	617	1,934	8,887	754	11.8	69.4	7.73	85%
2019	not published	1,695	5,301	20,419	3,246	6.3	83.0	8.29	98%
2018	not published	326	1,027	5,238	590	8.9	62.2	7.15	80%

Benchmark and verification

Year	ISM company	CO₂ per TW, g CO₂/t·nm	Bulk carrier median	vs Bulk carrier	Rank	Verifier	Methods
2025	MTM SHIP MANAGEMENT (INDIA) PRIVATE LIMITED	8.92	7.89	+13%	2,260 of 3,610	Lloyd's Register	A+C
2024	MTM SHIP MANAGEMENT (INDIA) PRIVATE LIMITED	8.78	8.09	+9%	1,789 of 3,089	Lloyd's Register	A+C
2023	not published	14.93	8.27	+81%	3,083 of 3,548	Lloyd's Register	A
2022	not published	6.49	8.71	−25%	909 of 3,968	Lloyd's Register	A+B+C
2021	not published	9.47	8.57	+11%	2,090 of 3,466	Lloyd's Register	A+B
2020	not published	7.73	8.24	−6%	1,355 of 3,150	Lloyd's Register	B+C
2019	not published	8.29	8.38	−1%	1,643 of 3,360	Lloyd's Register	A+C
2018	not published	7.15	8.50	−16%	1,107 of 3,384	Lloyd's Register	B+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.