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Navalyze · Oil tanker · Ship

OLYMPIC FLAG

IMO
9271341
Type
Oil tanker
Average cargo carried
52,969 t
Port of registry
Piraeus
Technical efficiency
EEXI 2.86 g CO₂/t·nm

ISM company (DoC holder) in 2025: Springfield Shipping Co. Panama S.A.

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2025 at a glance

From the 2025 THETIS-MRV report. Carries about 52,969 t of cargo on average.

Fuel per mile
267.4 kg/nm
Oil tanker median 128.5 kg/nm (+108%)
CO₂ per transport work (cargo)
16.02
g CO₂/t·nm · Oil tanker median 7.95 (+102%)
Average speed
9.7 kn
Oil tanker median 10.7 kn (−9%)
Fuel per day at sea
62.4 t/day
Fuel consumed
1,227 t
CO₂ emitted
3,893 t
3,953 t CO₂eq incl. CH₄ and N₂O
Distance sailed
4,588 nm
CO₂ ÷ CO₂ per mile
Time at sea
472 h
20 days, 5% of the year

Within the oil tanker fleet, 2025

Set against all 1,665 oil tanker 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 per mileThis ship 267.4 kg/nm · median 128.5 (+108%)
76.1Ranks 1,642 of 1,665, lowest first190.8
Average speedThis ship 9.7 kn · median 10.7 (−9%)
8.0Faster than 26% of oil tanker ships12.1
CO₂ per transport work (cargo)This ship 16.02 g CO₂/t·nm · median 7.95 (+102%)
4.51Ranks 1,319 of 1,665, lowest first27.66
Middle 80% of shipsMiddle 50%Oil tanker medianThis ship

Where the emissions happen, 2025

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 ports55%
  • From the EU29%
  • Into the EU0%
  • At berth in the EU15%

85% of this ship's CO₂ falls under the EU ETS (3,324 t).

Fuel burned laden
–
Not reported
CO₂ at berth
15.4%
Alongside in EU ports
Methane (CH₄)
0.1 t
Mainly from LNG; small for oil
CO₂eq ÷ CO₂
1.015
Uplift from CH₄ and N₂O, counted in full from 2026

Over the years

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

Fuel per mile, kg/nm

  • OLYMPIC FLAG
  • Oil tanker median

Average speed, kn

  • OLYMPIC FLAG
  • Oil tanker median

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

  • OLYMPIC FLAG
  • Oil tanker median

Year on year

YearSpeedFuel per mileFuel per dayDistanceCO₂ per TWReading
2024→2025−2.0 kn+32%+10%+13%+242%2.0 kn slower, fuel per mile up 32%; worse than speed alone explains (fouling, weather, loading or trade).
2022→2024−0.7 kn+12%+6%−48%+16%0.7 kn slower, fuel per mile up 12%; worse than speed alone explains (fouling, weather, loading or trade).
2019→2022−0.6 kn−4%−8%+20%−1%0.6 kn slower, fuel per mile down 4%; worse than speed alone explains (fouling, weather, loading or trade).
2018→2019+0.5 kn−14%−10%+25%−25%0.5 kn faster, fuel per mile down 14%; 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

YearISM companyFuel tCO₂ tDistance nmAt sea hSpeed knFuel kg/nmCO₂ g/t·nmLaden fuel
2025Springfield Shipping Co. Panama S.A.1,2273,8934,5884729.7267.416.02–
2024Springfield Shipping Co. Panama S.A.8202,5664,06034611.7201.94.68–
2022not published1,4224,4607,86863412.4180.84.04–
2019not published1,2343,8446,57750613.0187.74.08–
2018not published1,1443,5635,24742012.5218.05.42–

Benchmark and verification

YearISM companyCO₂ per TW, g CO₂/t·nmOil tanker medianvs Oil tankerRankVerifierMethods
2025Springfield Shipping Co. Panama S.A.16.027.95+102%1,319 of 1,665DNVA
2024Springfield Shipping Co. Panama S.A.4.688.06−42%225 of 1,787DNVA
2022not published4.048.51−53%84 of 1,961DNVA
2019not published4.088.83−54%144 of 1,919ABSA
2018not published5.428.86−39%342 of 1,779ABSA

Fuel per mile and CO₂ per tonne-mile are the ship's own reported KPIs. Oil tanker 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 oil tanker 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.

OLYMPIC FLAG (IMO 9271341): fuel, emissions and EU ETS 2018–2025 | Navalyze