Navalyze

Navalyze · Flags · China

China flag, 2025

Ships whose port of registry belongs to China, as estimated from the THETIS-MRV reports for 2025, and the companies operating them. Each company counts only its ships under this flag.

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At a glance

Ships
236
reporting to EU MRV
Emitted
822,078 t
CO₂, all ships under the flag
EU ETS allowances due
€25.5m
339,711 t of allowances at the chosen price
Largest operator: COSCO Shipping
€16.6m
138 ships, 65% of the flag's allowances

Ship types under this flag

CO₂ by segment.

  • Container217,076 t
  • Other200,617 t
  • Bulk carrier191,938 t
  • General cargo115,603 t
  • Oil tanker69,651 t
  • Vehicle carrier19,636 t
  • Chemical tanker7,558 t
  • Reefer0 t

Companies by EU ETS cost

The 45 operators with most EU ETS allowances due for their China-flagged ships in 2025. Companies of one group are summed, as on the compare page; their ships under other flags are not counted here.

#OperatorMain segmentShipsunder ChinaCO₂emitted, totalAllowancesEU ETS costvs segment medianlower is bettervs similar-size shipssame segment, lower is better
1COSCO Shipping(6 companies)Container138527,712 t€16.6m+2%+7%
2SHANGHAI SALVAGE CO.Other233,942 t€1.6m––
3Guangzhou SalvageOther543,760 t€1.2m−17%+29%
4Shanghai Oriental Ark Ship Management Co.,Ltd.Other324,643 t€654k––
5Jiangsu Fanzhou Shipping Co., Ltd.Other324,175 t€644k––
6Shanghai Zhenhua Shipping Co., Ltd.Other217,558 t€521k––
7TIAN JIN COSBULK SHIP MANAGEMENT CO.,LTDGeneral cargo415,469 t€458k––
8Seacon(3 companies)Bulk carrier514,594 t€429k+8%+4%
9Shanghai Fujian Guohang Ocean shipmanagement Co., LtdBulk carrier412,005 t€328k––
10Shenzhen Ocean Shipping Co LtdBulk carrier911,491 t€324k+6%+27%
11CHINA MERCHANTS SHENZHEN RORO SHIPPING CO., LTDVehicle carrier19,618 t€294k––
12Fujian Daqin International ship management Co., Ltd.Bulk carrier28,987 t€245k––
13Hainan Yuzhou International Shipping Co.,LTDOther28,528 t€228k––
14XIAMEN HAILONG INTERNATIONAL SHIP MANAGEMENT CO., LTD.Bulk carrier28,129 t€219k––
15Anhui Wanjiang HongruiChemical tanker17,176 t€210k––
16ANHUI XUXIN SHIPPING CO.,LTDOther16,681 t€205k––
17Shanghai Detail shipping Co., LTDOther14,926 t€131k––
18Chinese-Polish Joint Stock Shipping CompanyGeneral cargo13,556 t€126k––
19Ningbo Xinhuanhang Shipping Co., Ltd.Bulk carrier14,581 t€126k––
20HMC Shipmanagement Co.,Ltd.Bulk carrier14,431 t€124k––
21TOSCO KEYMAX INTERNATIONAL SHIP MANAGEMENT CO.,LTDBulk carrier14,227 t€121k––
22Win Enterprise Ship Management (Ningbo) Co., LtdBulk carrier24,333 t€119k––
23Hainan Huashen International Logistics Co., LtdOther14,164 t€110k––
24XIAMEN ZHONGHUIYANG SHIPPING CO.,LTDBulk carrier13,290 t€92k––
25NingBo Safety Developing Ship Management Co., LtdBulk carrier13,185 t€84k––
26Anji Shipping Co., Ltd.Vehicle carrier12,459 t€72k––
27JOSCO YUANSHENG SHIPPING MANAGEMENT CO.,LTDOther14,298 t€52k––
28NINGBO U-LINKSHIPPING TECH CO.,LTDBulk carrier11,276 t€42k––
29FUSCO Zhongping Ship Management Co., LtdBulk carrier2892 t€25k––
30Daishan Zhongchang Marine Co.,Ltd.Bulk carrier1641 t€18k––
31XINGTONG SHIPPING CO., LTD.Chemical tanker1383 t€11k––
32SHANGHAI MING WAH SHIPPING CO., LTDBulk carrier1288 t€9k––
33Ningbo Jinming marine transportation Co.,LtdBulk carrier1201 t€8k––
34Zhejiang Shipping Group Zhehai Shipping Co., LtdBulk carrier30 t€0––
35Zhejiang Shipping Group Co., Ltd.Bulk carrier70 t€0––
36Guangdong Yudean Shipping Co.,LtdBulk carrier20 t€0––
37Wuhan Yidong Shipping Management Co.,LtdOil tanker2482 t€0––
38Xiamen Huanhangtong Shipping Co., LtdBulk carrier10 t€0––
39Qinhuangdao Hezhong Ship Management Co. LtdBulk carrier30 t€0––
40Hainan Ansheng Shipping Co LtdContainer40 t€0––
41Changzhou Dexin Shipping Co. LtdBulk carrier20 t€0––
42Quanzhou Ansheng Shipping Co LtdContainer20 t€0––
43Xiehai Shipping Management Ningbo Co.,LtdBulk carrier10 t€0––
44Shanghai Safe Ship Shipping Co., Ltd.Bulk carrier10 t€0––
45Shanghai Yingkai Shipping Co., LtdContainer50 t€0––
Show by ISM company (DoC holder) instead of group
#OperatorMain segmentShipsunder ChinaCO₂emitted, totalAllowancesEU ETS costvs segment medianlower is bettervs similar-size shipssame segment, lower is better
1Shanghai Ocean Shipping Co.,Ltd.Container7215,427 t€7.4m+13%−15%
2COSCO SHIPPING SPECIALIZED CARRIERS CO.,LTD.General cargo36130,043 t€4.0m+36%+24%
3COSCO SHIPPING BULK CO., LTDBulk carrier66112,823 t€3.1m0%+7%
4SHANGHAI SALVAGE CO.Other233,942 t€1.6m––
5COSCO SHIPPING Energy Transportation Co., Ltd.Oil tanker1851,975 t€1.5m−35%−10%
6Guangzhou SalvageOther543,760 t€1.2m−17%+29%
7Shanghai Oriental Ark Ship Management Co.,Ltd.Other324,643 t€654k––
8Jiangsu Fanzhou Shipping Co., Ltd.Other324,175 t€644k––
9COSCO Shipping Asphalt (Hainan) Co., LtdOil tanker417,194 t€578k––
10Shanghai Zhenhua Shipping Co., Ltd.Other217,558 t€521k––
11TIAN JIN COSBULK SHIP MANAGEMENT CO.,LTDGeneral cargo415,469 t€458k––
12Shanghai Fujian Guohang Ocean shipmanagement Co., LtdBulk carrier412,005 t€328k––
13Shenzhen Ocean Shipping Co LtdBulk carrier911,491 t€324k+6%+27%
14CHINA MERCHANTS SHENZHEN RORO SHIPPING CO., LTDVehicle carrier19,618 t€294k––
15Fujian Daqin International ship management Co., Ltd.Bulk carrier28,987 t€245k––
16Hainan Yuzhou International Shipping Co.,LTDOther28,528 t€228k––
17XIAMEN HAILONG INTERNATIONAL SHIP MANAGEMENT CO., LTD.Bulk carrier28,129 t€219k––
18Anhui Wanjiang HongruiChemical tanker17,176 t€210k––
19ANHUI XUXIN SHIPPING CO.,LTDOther16,681 t€205k––
20Seacon Ningbo Co LtdBulk carrier26,830 t€197k––
21Seacon Ships Management Co.,Limited(Qingdao)Bulk carrier26,115 t€188k––
22Shanghai Detail shipping Co., LTDOther14,926 t€131k––
23Chinese-Polish Joint Stock Shipping CompanyGeneral cargo13,556 t€126k––
24Ningbo Xinhuanhang Shipping Co., Ltd.Bulk carrier14,581 t€126k––
25HMC Shipmanagement Co.,Ltd.Bulk carrier14,431 t€124k––
26TOSCO KEYMAX INTERNATIONAL SHIP MANAGEMENT CO.,LTDBulk carrier14,227 t€121k––
27Win Enterprise Ship Management (Ningbo) Co., LtdBulk carrier24,333 t€119k––
28Hainan Huashen International Logistics Co., LtdOther14,164 t€110k––
29XIAMEN ZHONGHUIYANG SHIPPING CO.,LTDBulk carrier13,290 t€92k––
30NingBo Safety Developing Ship Management Co., LtdBulk carrier13,185 t€84k––
31Anji Shipping Co., Ltd.Vehicle carrier12,459 t€72k––
32JOSCO YUANSHENG SHIPPING MANAGEMENT CO.,LTDOther14,298 t€52k––
33SEACON STAR FUJIAN SHIPS CO.,LTDContainer11,649 t€43k––
34NINGBO U-LINKSHIPPING TECH CO.,LTDBulk carrier11,276 t€42k––
35FUSCO Zhongping Ship Management Co., LtdBulk carrier2892 t€25k––
36Daishan Zhongchang Marine Co.,Ltd.Bulk carrier1641 t€18k––
37XINGTONG SHIPPING CO., LTD.Chemical tanker1383 t€11k––
38SHANGHAI MING WAH SHIPPING CO., LTDBulk carrier1288 t€9k––
39Ningbo Jinming marine transportation Co.,LtdBulk carrier1201 t€8k––
40COSCO SHIPPING (Xiamen) Co.,LtdGeneral cargo7250 t€7k––
41Quanzhou Ansheng Shipping Co LtdContainer20 t€0––
42Zhejiang Shipping Group Co., Ltd.Bulk carrier70 t€0––
43Zhejiang Shipping Group Zhehai Shipping Co., LtdBulk carrier30 t€0––
44Guangdong Yudean Shipping Co.,LtdBulk carrier20 t€0––
45Xiamen Huanhangtong Shipping Co., LtdBulk carrier10 t€0––
46Changzhou Dexin Shipping Co. LtdBulk carrier20 t€0––
47Hainan Ansheng Shipping Co LtdContainer40 t€0––
48Wuhan Yidong Shipping Management Co.,LtdOil tanker2482 t€0––
49Qinhuangdao Hezhong Ship Management Co. LtdBulk carrier30 t€0––
50Shanghai Safe Ship Shipping Co., Ltd.Bulk carrier10 t€0––
Allowances
:
EU ETS allowances due for the year, at the chosen price.
vs segment median
:
CO₂ per transport work against the median segment ship. Below 0% is better.
vs similar-size ships
:
CO₂ per transport work of the median ship, against the median ship of the same size band in its segment (whole segment where the segment has no size bands). Below 0% is better.

EU ETS allowances are not a tax: companies buy and surrender one allowance per tonne of CO₂ in scope. Figures use the 2025 phase-in share and an EUA price of €75 per tonne, which the commercial view lets you change. The flag is estimated from the port of registry; see the Flags page.