Navalyze · Gas carrier (LPG) · Ship

MORITZ SCHULTE

IMO: 9220794
Type: Gas carrier
Average cargo carried: 368 t
Flag (estimated): Isle of Man
Port of registry: Douglas
Technical efficiency: EEXI 14.30 g CO₂/t·nm

ISM company (DoC holder) in 2025: Baldwin Shipping Limited

Report year

2023 at a glance

From the 2023 THETIS-MRV report. Carries about 2,543 t of cargo on average.

Fuel kg/nm

80.3

Gas carrier (LPG) median 83.3 kg/nm (−4%)

CO₂ per transport work (cargo)

96.5

g CO₂/t·nm · Gas carrier (LPG) median 41.8 (+131%)

Average speed

11.1 kn

Gas carrier (LPG) median 12.8 kn (−13%)

Fuel per day at sea

21.4 t/day

Fuel consumed

2,544 t

CO₂ emitted

7,770 t

Distance sailed

31,679 nm

CO₂ ÷ CO₂ per mile

Time at sea

2,854 h

119 days, 33% of the year

Within the gas carrier (LPG) fleet, 2025

Set against all 355 gas carrier (LPG) 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 63.2 kg/nm · median 81.5 (−22%)

49.8Ranks 71 of 355, lowest first124

Average speedThis ship 11.0 kn · median 12.6 (−13%)

8.8Faster than 27% of gas carrier (LPG) ships14.6

CO₂ per transport work (cargo)This ship 543 g CO₂/t·nm · median 35.6 (+1,426%)

14.4Ranks 352 of 355, lowest first120

Middle 80% of shipsMiddle 50%Gas carrier (LPG) medianThis ship

Where the emissions happen, 2023

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 ports27%
From the EU31%
Into the EU32%
At berth in the EU9%

Fuel burned laden

–

Not reported

CO₂ at berth

736 t

9.5% 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 Gas carrier (LPG) median is the middle ship of all gas carrier (LPG) ships reporting that year; it moves with the fleet, so a ship can gain on it without changing itself.

Fuel kg/nm

MORITZ SCHULTE
Gas carrier (LPG) median

60.070.080.090.0100.0

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

Average speed, kn

MORITZ SCHULTE
Gas carrier (LPG) median

6.08.010.012.014.0

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

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

MORITZ SCHULTE
Gas carrier (LPG) median

0.0200400600

’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	−1.5 kn	−22%	−31%	−10%	+189%	1.5 kn slower, fuel per mile down 22%; in line with the speed change.
2023→2024	+1.4 kn	+1%	+13%	+13%	+95%	1.4 kn faster, fuel per mile flat; better than speed alone explains (hull, engine or trade).
2022→2023	−1.6 kn	+17%	+2%	+106%	+9%	1.6 kn slower, fuel per mile up 17%; worse than speed alone explains (fouling, weather, loading or trade).
2021→2022	−0.5 kn	−12%	−15%	−66%	−43%	0.5 kn slower, fuel per mile down 12%; in line with the speed change.
2020→2021	+0.0 kn	−15%	−16%	+138%	+5%	Same speed, fuel per mile down 15%; better than speed alone explains (hull, engine or trade).
2019→2020	+6.4 kn	−3%	+90%	−37%	+4%	6.4 kn faster, fuel per mile down 3%; better than speed alone explains (hull, engine or trade).
2018→2019	+0.6 kn	−5%	+4%	−8%	−30%	0.6 kn faster, fuel per mile down 5%; 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	Baldwin Shipping Limited	2,036	6,432	32,195	2,914	11.0	63.2	543	–
2024	Baldwin Shipping Limited	2,902	9,214	35,890	2,878	12.5	80.9	188	–
2023	not published	2,544	7,770	31,679	2,854	11.1	80.3	96.5	–
2022	not published	1,057	3,336	15,397	1,216	12.7	68.6	88.6	–
2021	not published	3,520	11,186	45,187	3,432	13.2	77.9	156	–
2020	not published	1,741	5,581	18,977	1,432	13.2	91.7	148	–
2019	not published	2,836	9,092	29,945	4,413	6.8	94.7	142	–
2018	not published	3,221	10,326	32,437	5,220	6.2	99.3	204	–

Benchmark and verification

Year	ISM company	CO₂ per TW, g CO₂/t·nm	Gas carrier (LPG) median	vs Gas carrier (LPG)	Rank	Verifier	Methods
2025	Baldwin Shipping Limited	543	35.6	+1,426%	352 of 355	DNV	B+C
2024	Baldwin Shipping Limited	188	35.8	+424%	301 of 306	DNV	B+C
2023	not published	96.5	41.8	+131%	264 of 330	DNV	B+C
2022	not published	88.6	42.5	+108%	277 of 348	DNV	B+C
2021	not published	156	46.9	+232%	309 of 323	DNV	B+C
2020	not published	148	42.3	+250%	315 of 339	DNV	B+C
2019	not published	142	45.9	+211%	303 of 331	DNV	B+C
2018	not published	204	53.1	+285%	288 of 297	DNV	B+C

Fuel per mile and CO₂ per tonne-mile are the ship's own reported KPIs. Gas carrier (LPG) 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 gas carrier (LPG) 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.