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Navalyze · Bulk carrier · Ship

THOE

IMO
9400588
Type
Bulk carrier
Average cargo carried
6,752 t
Port of registry
Majuro
Technical efficiency
EEXI 9.51 g CO₂/t·nm
Former names
ESTESUN

ISM company (DoC holder) in 2025: Malva Shipping and Engineering Ltd.

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2025 at a glance

From the 2025 THETIS-MRV report. Carries about 6,752 t of cargo on average.

Fuel per mile
38.6 kg/nm
Bulk carrier median 82.6 kg/nm (−53%)
CO₂ per transport work (cargo)
18.17
g CO₂/t·nm · Bulk carrier median 7.89 (+130%)
Average speed
8.0 kn
Bulk carrier median 10.7 kn (−25%)
Fuel per day at sea
7.4 t/day
Fuel consumed
955 t
CO₂ emitted
3,034 t
3,081 t CO₂eq incl. CH₄ and N₂O
Distance sailed
24,733 nm
CO₂ ÷ CO₂ per mile
Time at sea
3,095 h
129 days, 35% of the year

Within the bulk carrier fleet, 2025

Set against all 3,610 bulk 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 per mileThis ship 38.6 kg/nm · median 82.6 (−53%)
61.0Ranks 25 of 3,610, lowest first114.1
Average speedThis ship 8.0 kn · median 10.7 (−25%)
8.8Faster than 6% of bulk carrier ships11.8
CO₂ per transport work (cargo)This ship 18.17 g CO₂/t·nm · median 7.89 (+130%)
4.80Ranks 3,325 of 3,610, lowest first15.93
Middle 80% of shipsMiddle 50%Bulk carrier 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 ports25%
  • From the EU40%
  • Into the EU31%
  • At berth in the EU4%

64% of this ship's CO₂ falls under the EU ETS (1,954 t).

Fuel burned laden
–
Not reported
CO₂ at berth
4.2%
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 Bulk carrier median is the middle ship of all bulk carrier ships reporting that year; it moves with the fleet, so a ship can gain on it without changing itself.

Fuel per mile, kg/nm

  • THOE
  • Bulk carrier median

Average speed, kn

  • THOE
  • Bulk carrier median

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

  • THOE
  • Bulk carrier median

Year on year

YearSpeedFuel per mileFuel per dayDistanceCO₂ per TWReading
2024→2025−1.5 kn+6%−11%+119%−13%1.5 kn slower, fuel per mile up 6%; worse than speed alone explains (fouling, weather, loading or trade).
2023→2024−0.2 kn+1%−1%−25%+25%Same speed, fuel per mile flat.
2022→2023+0.1 kn+1%+1%+55%−6%Same speed, fuel per mile flat.
2021→2022+1.1 kn−10%+2%+69%−38%1.1 kn faster, fuel per mile down 10%; better than speed alone explains (hull, engine or trade).
2020→2021−1.8 kn+24%+3%−72%+67%1.8 kn slower, fuel per mile up 24%; worse than speed alone explains (fouling, weather, loading or trade).
2019→2020+5.2 kn−11%+80%−18%+0%5.2 kn faster, fuel per mile down 11%; better than speed alone explains (hull, engine or trade).
2018→2019−1.5 kn−12%−31%−20%+3%1.5 kn slower, fuel per mile down 12%; worse than speed alone explains (fouling, weather, loading 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
2025Malva Shipping and Engineering Ltd.9553,03424,7333,0958.038.618.17–
2024Malva Shipping and Engineering Ltd.4111,30011,3001,1859.536.420.92–
2023not published5411,71414,9681,5399.736.216.76–
2022not published3471,0999,6591,0099.635.917.74–
2021not published2277155,7176718.539.828.60–
2020not published6532,04520,4101,99010.332.017.12–
2019not published8922,79524,7854,8175.136.017.09–
2018not published1,2553,93730,8044,6876.640.716.66–

Benchmark and verification

YearISM companyCO₂ per TW, g CO₂/t·nmBulk carrier medianvs Bulk carrierRankVerifierMethods
2025Malva Shipping and Engineering Ltd.18.177.89+130%3,325 of 3,610DNVA+C
2024Malva Shipping and Engineering Ltd.20.928.09+159%2,944 of 3,089DNVA
2023not published16.768.27+103%3,172 of 3,548DNVA
2022not published17.748.71+104%3,615 of 3,968DNVA
2021not published28.608.57+234%3,411 of 3,466DNVA
2020not published17.128.24+108%2,942 of 3,150DNVA
2019not published17.098.38+104%3,111 of 3,360DNVA
2018not published16.668.50+96%3,076 of 3,384DNVA

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

THOE (IMO 9400588): fuel, emissions and EU ETS 2018–2025 | Navalyze