Navalyze · Market view · Segment
Bulk carrier ships, 2025
5,026 bulk carrier ships reported to THETIS-MRV for 2025, emitting 15.5 Mt of CO₂. Efficiency is measured as g CO₂/t·nm.
The segment at a glance
Operators
Who runs bulk carrier ships in EU trades, and how their fleets compare. Technical shows efficiency, speed and time at sea; commercial shows the allowance bill.
| # | Group | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | Oldendorff Carriers GmbH & Co. KG | 46 | −23% | 6.1 | 116 | 11.1 | 1,906 | 3.0% | – |
| 2 | Synergy Marine15 companies, 6 in bulk carrier | 64 | −15% | 6.7 | 84 | 10.8 | 1,458 | 3.1% | – |
| 3 | Laskaridis2 companies | 47 | −18% | 6.5 | 99 | 10.4 | 1,642 | 3.5% | – |
| 4 | Anglo-Eastern10 companies, 4 in bulk carrier | 38 | −17% | 6.5 | 105 | 10.2 | 1,844 | 3.1% | – |
| 5 | Federal (Fednav)5 companies | 53 | +16% | 9.2 | 62 | 10.7 | 2,004 | 5.2% | – |
| 6 | Polska Zegluga Morska P.P. | 43 | +34% | 10.6 | 77 | 10.4 | 2,395 | 6.1% | – |
| 7 | Navios8 companies, 6 in bulk carrier | 34 | −34% | 5.2 | 120 | 10.6 | 1,568 | 2.4% | – |
| 8 | COSCO Shipping10 companies, 3 in bulk carrier | 146 | +1% | 7.9 | 87 | 10.6 | 1,209 | 3.5% | – |
| 9 | FLEET MANAGEMENT LIMITED | 42 | −4% | 7.6 | 84 | 10.1 | 1,561 | 3.7% | – |
| 10 | Golden Union2 companies | 36 | −8% | 7.3 | 117 | 10.2 | 1,906 | 3.5% | – |
| 11 | Bernhard Schulte8 companies, 5 in bulk carrier | 20 | −21% | 6.3 | 86 | 11.1 | 2,062 | 2.6% | – |
| 12 | Seacon10 companies, 6 in bulk carrier | 39 | −7% | 7.3 | 88 | 10.8 | 1,341 | 4.5% | – |
| 13 | Berge Bulk Maritime Pte. Ltd | 33 | −32% | 5.4 | 129 | 10.1 | 2,140 | 2.9% | – |
| 14 | SEAMAR MANAGEMENT S.A. | 24 | −13% | 6.8 | 85 | 10.6 | 2,378 | 3.3% | – |
| 15 | Dalian Dongrong Ship Management Co.,Ltd. | 20 | −14% | 6.8 | 94 | 10.8 | 2,210 | 3.0% | – |
| 16 | Union Marine Mgmt Serv Pte Ltd | 30 | −17% | 6.5 | 80 | 10.8 | 1,690 | 3.2% | – |
| 17 | Wah Kwong2 companies | 25 | −16% | 6.6 | 101 | 11.1 | 1,359 | 3.6% | – |
| 18 | Star Bulk4 companies | 50 | −1% | 7.8 | 85 | 10.6 | 966 | 4.3% | – |
| 19 | Navigation Maritime Bulgare | 36 | +7% | 8.4 | 60 | 10.1 | 1,726 | 4.5% | – |
| 20 | V.Ships11 companies, 6 in bulk carrier | 26 | +15% | 9.1 | 85 | 11.1 | 1,473 | 3.8% | – |
| 21 | Ciner Ship Management Ltd | 37 | −7% | 7.4 | 80 | 10.0 | 1,477 | 4.9% | – |
| 22 | Wisdom Marine2 companies | 27 | −5% | 7.5 | 72 | 10.2 | 1,553 | 2.5% | – |
| 23 | NAVARONE S.A. | 24 | +39% | 11.0 | 71 | 11.1 | 1,491 | 3.9% | – |
| 24 | SAFE BULKERS MANAGEMENT LTD. | 38 | −24% | 6.0 | 97 | 10.6 | 1,647 | 2.7% | – |
| 25 | SANTOKU SENPAKU CO., LTD. | 22 | −20% | 6.3 | 86 | 10.3 | 1,357 | 3.2% | – |
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.
- Q1: ~14 kt15.5 g CO₂/t·nm
- Q2: ~25 kt9.48 g CO₂/t·nm
- Q3: ~33 kt7.96 g CO₂/t·nm
- Q4: ~42 kt6.58 g CO₂/t·nm
- Q5: ~60 kt4.84 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.
- ClassNK18.4% / 17.8%
- DNV18.1% / 15.5%
- ABS16.7% / 12.2%
- Verifavia9.9% / 11.5%
- Lloyd's Register9.0% / 12.5%
- Bureau Veritas6.5% / 6.6%
- China Classification Society6.3% / 9.5%
- RINA4.0% / 3.7%
- ICS Verification Services3.9% / 4.9%
- EMICERT2.1% / 3.3%
- 7 others5.1% / 6.1%
How fuel is measured
Each ship's monitoring plan names one or more of the four MRV methods.
Most common combinations
- A60%
- B + C11%
- B11%
- C9%
- A + C5%
- A + B + C3%
- A + B1%
Share of 5,173 emission reports that name a method; a report can name several.
Notes
- Medians and rankings use 3,610 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.