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Navalyze · Market view · Segment

Gas carrier (LPG) ships, 2024

371 gas carrier (LPG) ships reported to THETIS-MRV for 2024, emitting 2.7 Mt of CO₂. Efficiency is measured as g CO₂/t·nm.

The segment at a glance

Median ship
35.8
g CO₂/t·nm
Fuel per mile
80 kg
Median ship
Average speed
12.5 kn
Median ship, distance over hours at sea
Hours at sea
2,317
Median ship, EU-scope voyages (26% of the year)
CO₂ at berth
5.0%
Share emitted alongside in EU ports
Ships burning LNG
16
of 306 benchmarked

Operators

Who runs gas carrier (LPG) ships in EU trades, and how their fleets compare. Technical shows efficiency, speed and time at sea; commercial shows the allowance bill.

#Group
1Navigator Gas Ship Management (Denmark) ApS22+30%46.57411.74,1024.1%–
2Capital Maritime Group3 companies, 1 in gas carrier (LPG)11−62%13.818914.52,9441.9%8
3HYPROC SHIPPING COMPANY SPA9−1%35.421713.22,23713.0%5
4Seapeak2 companies, 1 in gas carrier (LPG)11−5%34.18514.34,8861.5%–
5Solvang ASA15−36%23.09713.92,0913.5%–
6BW Group6 companies, 2 in gas carrier (LPG)19+74%62.45610.83,0946.5%–
7Naftomar2 companies, 1 in gas carrier (LPG)16+91%68.4768.73,3595.0%–
8Anglo-Eastern10 companies, 1 in gas carrier (LPG)10−53%16.89613.02,3434.4%–
9Hartmann Gas Carriers Germany GmbH & Co. KG13+193%1056211.33,3974.3%–
10STEALTH MARITIME CORP. S.A.14+14%40.76912.92,5276.4%–
11Anthony Veder Rederijzaken B.V.9+290%1406410.33,9649.4%–
12Synergy Marine14 companies, 1 in gas carrier (LPG)9−29%25.31029.72,7125.6%–
13Western Shipping Pte Ltd6−36%23.07812.14,0303.3%–
14Yara LPG Shipping AS50%36.07612.84,3053.2%–
15Exmar2 companies9−31%24.68913.51,6693.2%–
16Sloman Neptun Schiffahrts-AG8+163%94.16510.82,8749.0%–
17Navigator Gas Shipmanagement Ltd.8–––––2.6%–
18K MARINE SHIP MANAGEMENT PTE. LTD.5–––––0.0%–
19Eastern Pacific Shipping2 companies, 1 in gas carrier (LPG)5−38%22.28813.02,3378.6%–
20Dorian LPG Management Corp.7−55%16.011813.41,2732.7%–
21Zodiac2 companies, 1 in gas carrier (LPG)5−56%15.611313.81,0997.6%–
22PG Shipmanagement Pte Ltd4+18%42.47612.32,2111.9%–
23Thenamaris3 companies, 1 in gas carrier (LPG)6−37%22.58311.41,7052.6%–
24Mantagas Denizcilik ve Ticaret3−24%27.1879.62,6314.3%–
25Latsco2 companies, 1 in gas carrier (LPG)5−46%19.212514.68272.6%–

Operators with at least 3 ships in this segment. Figures cover their ships in this segment only, so a group active in several segments (MSC runs container and cruise ships) has its full total on the market page. Groups combine ISM companies matched on name and known ownership; tell us at info@navalyze.com if one is in the wrong group. Click a column to rank by it.

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: ~1,683 t114 g CO₂/t·nm
  • Q2: ~3,216 t65.9 g CO₂/t·nm
  • Q3: ~7,195 t35.1 g CO₂/t·nm
  • Q4: ~13 kt21.8 g CO₂/t·nm
  • Q5: ~25 kt15 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

How fuel is measured

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

A · Bunker delivery notes
42%
Fuel bought, corrected by tank soundings
B · Bunker tank monitoring
51%
Tank readings on board
C · Flow meters
53%
Meters on the fuel lines to engines and boilers
D · Direct measurement
0%
CO₂ measured in the exhaust

Most common combinations

  • B + C33%
  • A32%
  • C13%
  • B12%
  • A + C4%
  • A + B + C3%
  • A + B2%

Share of 382 emission reports that name a method; a report can name several.

Notes

  • Medians and rankings use 306 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.