Navalyze

Navalyze · Market view · Segment

Bulk carrier ships, 2023

3,796 bulk carrier ships reported to THETIS-MRV for 2023, emitting 14.9 Mt of CO₂. Efficiency is measured as g CO₂/t·nm.

The segment at a glance

Median ship
8.3
g CO₂/t·nm
Fuel per mile
86 kg
Median ship
Average speed
10.8 kn
Median ship, distance over hours at sea
Hours at sea
1,219
Median ship, EU-scope voyages (14% of the year)
CO₂ at berth
5.0%
Share emitted alongside in EU ports
Ships burning LNG
6
of 3,548 benchmarked

Operators

The 2023 public files do not name the companies managing each ship, so operator rankings start in 2024.

Efficiency by ship size

Bigger ships move a tonne of cargo for less fuel, so ships are compared within size bands. Each row is drawn against the segment median.

0.25×0.5×segment median2×4×
  • Q1: ~14 kt16.7 g CO₂/t·nm
  • Q2: ~24 kt10.1 g CO₂/t·nm
  • Q3: ~33 kt8.29 g CO₂/t·nm
  • Q4: ~42 kt6.81 g CO₂/t·nm
  • Q5: ~62 kt4.92 g CO₂/t·nm

Q1 to Q5 split the fleet into fifths by average cargo carried, derived from the published ratios.

Who verifies the reports

Accredited verifiers check each ship's MRV report. Their share of the segment's ships and CO₂.

Share of CO₂Share of ships
  • ClassNK19.2% / 19.7%
  • DNV19.1% / 16.0%
  • ABS16.9% / 14.4%
  • Lloyd's Register10.5% / 10.3%
  • Bureau Veritas6.4% / 6.7%
  • China Classification Society6.1% / 8.6%
  • Verifavia5.5% / 6.9%
  • ICS Verification Services4.7% / 4.5%
  • RINA3.4% / 3.6%
  • EMICERT2.5% / 3.5%
  • 6 others5.7% / 5.9%

How fuel is measured

Each ship's monitoring plan names one or more of the four MRV methods.

A · Bunker delivery notes
66%
Fuel bought, corrected by tank soundings
B · Bunker tank monitoring
21%
Tank readings on board
C · Flow meters
26%
Meters on the fuel lines to engines and boilers
D · Direct measurement
0%
CO₂ measured in the exhaust

Most common combinations

  • A58%
  • C17%
  • B13%
  • B + C4%
  • A + C3%
  • A + B3%
  • A + B + C1%

Share of 3,606 emission reports that name a method; a report can name several.

Notes

  • Medians and rankings use 3,548 full-year reports with fuel; part-year and zero-fuel reports count towards totals only.
  • THETIS reports time at sea on EU-scope voyages only, not time in port. CO₂ at berth is the closest measure of port activity it publishes.
  • Speed and distance are derived from the published ratios; THETIS has no distance column.