Navalyze · Vehicle carrier · Ship

PLATINUM RAY

IMO: 9210438
Type: Vehicle carrier
Average cargo carried: 5,719 t
Flag (estimated): Bahamas
Port of registry: Nassau
Technical efficiency: EEXI 14.07 g CO₂/t·nm

ISM company (DoC holder) in 2025: STAMCO SHIP MANAGEMENT CO LTD

Report year

2018 at a glance

From the 2018 THETIS-MRV report. Carries about 7,082 t of cargo on average.

Fuel kg/nm

310

Vehicle carrier median 104 kg/nm (+198%)

CO₂ per transport work (cargo)

137

g CO₂/t·nm · Vehicle carrier median 62.4 (+120%)

Average speed

14.9 kn

Vehicle carrier median 14.7 kn (+1%)

Fuel per day at sea

111.2 t/day

Fuel consumed

10,700 t

CO₂ emitted

33,487 t

Distance sailed

34,502 nm

CO₂ ÷ CO₂ per mile

Time at sea

2,310 h

96 days, 26% of the year

Within the vehicle carrier fleet, 2025

Set against all 506 vehicle 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 kg/nmThis ship 98.8 kg/nm · median 99.9 (−1%)

79.6Ranks 239 of 506, lowest first119

Average speedThis ship 13.4 kn · median 14.4 (−7%)

12.0Faster than 28% of vehicle carrier ships15.9

CO₂ per transport work (cargo)This ship 54.4 g CO₂/t·nm · median 55.4 (−2%)

34.7Ranks 244 of 506, lowest first158

Middle 80% of shipsMiddle 50%Vehicle carrier medianThis ship

Where the emissions happen, 2018

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 ports17%
From the EU30%
Into the EU27%
At berth in the EU26%

Fuel burned laden

–

Not reported

CO₂ at berth

8,579 t

25.6% of the ship's CO₂, alongside in EU ports

Methane (CH₄)

–

Mainly from LNG; small for oil, biofuel and methanol

CO₂eq uplift

–

CO₂eq on top of CO₂ alone, from CH₄ and N₂O

Over the years

Full-year reports only. The Vehicle carrier median is the middle ship of all vehicle carrier ships reporting that year; it moves with the fleet, so a ship can gain on it without changing itself.

Fuel kg/nm

PLATINUM RAY
Vehicle carrier median

0.0100.0200.0300.0400.0

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

Average speed, kn

PLATINUM RAY
Vehicle carrier median

13.014.015.016.0

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

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

PLATINUM RAY
Vehicle carrier median

25.050.075.0100125150

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

Year on year

Year	Average speed	Fuel kg/nm	Fuel per day at sea	Distance	CO₂ per transport work	Reading
2024→2025	−0.9 kn	+6%	−1%	+536%	−21%	0.9 kn slower, fuel per mile up 6%; worse than speed alone explains (fouling, weather, loading or trade).
2023→2024	−1.2 kn	−30%	−35%	−90%	+35%	1.2 kn slower, fuel per mile down 30%; better than speed alone explains (hull, engine or trade).
2022→2023	+0.1 kn	−2%	−1%	−48%	−3%	Same speed, fuel per mile flat.
2021→2022	+0.3 kn	+6%	+8%	−1%	+9%	0.3 kn faster, fuel per mile up 6%; in line with the speed change.
2020→2021	−0.5 kn	+4%	+1%	+62%	−27%	0.5 kn slower, fuel per mile up 4%; worse than speed alone explains (fouling, weather, loading or trade).
2019→2020	+0.9 kn	−10%	−4%	−47%	+5%	0.9 kn faster, fuel per mile down 10%; better than speed alone explains (hull, engine or trade).
2018→2019	−0.2 kn	−56%	−57%	+22%	−54%	Same speed, fuel per mile down 56%; better than speed alone explains (hull, engine 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	Hours at seah	Average speedknots at sea	Fuel kg/nmthis ship	CO₂ per transport work (cargo)g/t·nm, this ship	Laden fuel
2025	STAMCO SHIP MANAGEMENT CO LTD	1,232	3,880	12,475	928	13.4	98.8	54.4	–
2024	STAMCO SHIP MANAGEMENT CO LTD	183	573	1,962	137	14.3	93.3	69.1	–
2023	not published	2,508	7,889	18,825	1,214	15.5	133	51.0	–
2022	not published	4,910	15,513	36,278	2,355	15.4	135	52.3	–
2021	not published	4,654	14,709	36,597	2,419	15.1	127	48.0	–
2020	not published	2,753	8,713	22,538	1,441	15.6	122	65.5	–
2019	not published	5,730	17,958	42,205	2,870	14.7	136	62.4	–
2018	not published	10,700	33,487	34,502	2,310	14.9	310	137	–

Benchmark and verification

Year	ISM company	CO₂ per TW, g CO₂/t·nm	Vehicle carrier median	vs Vehicle carrier	Rank	Verifier	Methods
2025	STAMCO SHIP MANAGEMENT CO LTD	54.4	55.4	−2%	244 of 506	DNV	A
2024	STAMCO SHIP MANAGEMENT CO LTD	69.1	55.3	+25%	223 of 335	DNV	A
2023	not published	51.0	56.6	−10%	159 of 417	DNV	A
2022	not published	52.3	57.7	−9%	182 of 463	DNV	A
2021	not published	48.0	59.6	−19%	116 of 459	DNV	A
2020	not published	65.5	57.3	+14%	280 of 449	DNV	A
2019	not published	62.4	59.0	+6%	238 of 426	DNV	A
2018	not published	137	62.4	+120%	390 of 434	DNV	A

Fuel per mile and CO₂ per tonne-mile are the ship's own reported KPIs. Vehicle 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 vehicle 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.