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CYCAS

IMO
9403114
Type
Bulk carrier
Average cargo carried
383 t
Port of registry
Panama
Technical efficiency
EEXI 4.07 g CO₂/t·nm
Former names
NORD EXPRESS, IRIS EXPRESS

ISM company (DoC holder) in 2025: ORI TRADING LIMITED

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2025 at a glance

From the 2025 THETIS-MRV report. Carries about 383 t of cargo on average.

Fuel per mile
100.1 kg/nm
CO₂ per transport work (cargo)
824
g CO₂/t·nm
Average speed
11.9 kn
Fuel per day at sea
28.6 t/day
Fuel consumed
142 t
CO₂ emitted
447 t
454 t CO₂eq incl. CH₄ and N₂O
Distance sailed
1,417 nm
CO₂ ÷ CO₂ per mile
Time at sea
119 h
5 days, 1% of the year

Within the bulk carrier fleet, 2024

Set against all 3,089 bulk carrier ships with a full-year 2024 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 80.1 kg/nm · median 84.6 (−5%)
61.8Ranks 1,263 of 3,089, lowest first119.4
Average speedThis ship 11.2 kn · median 10.6 (+6%)
8.8Faster than 74% of bulk carrier ships11.8
CO₂ per transport work (cargo)This ship 5.74 g CO₂/t·nm · median 8.09 (−29%)
4.85Ranks 596 of 3,089, lowest first15.76
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 ports0%
  • From the EU82%
  • Into the EU8%
  • At berth in the EU11%

55% of this ship's CO₂ falls under the EU ETS (248 t).

Fuel burned laden
–
Not reported
CO₂ at berth
10.8%
Alongside in EU ports
Methane (CH₄)
0.0 t
Mainly from LNG; small for oil
CO₂eq ÷ CO₂
1.016
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

  • CYCAS
  • Bulk carrier median

Average speed, kn

  • CYCAS
  • Bulk carrier median

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

  • CYCAS
  • Bulk carrier median

Year on year

YearSpeedFuel per mileFuel per dayDistanceCO₂ per TWReading
2024→2025+0.7 kn+25%+32%−83%–0.7 kn faster, fuel per mile up 25%; worse than speed alone explains (fouling, weather, loading or trade).
2023→2024+1.4 kn+1%+15%−23%−19%1.4 kn faster, fuel per mile flat; better than speed alone explains (hull, engine or trade).
2021→2023−1.3 kn−10%−20%+86%−8%1.3 kn slower, fuel per mile down 10%; worse than speed alone explains (fouling, weather, loading or trade).
2018→2021–––––

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
2025ORI TRADING LIMITED1424471,41711911.9100.1823.81–
2024ORI TRADING LIMITED6662,0798,31674011.280.15.74–
2023not published8582,67210,7601,0969.879.77.07–
2021not published5141,6185,78452211.188.87.70–
2018not published00–0––––

Benchmark and verification

YearISM companyCO₂ per TW, g CO₂/t·nmBulk carrier medianvs Bulk carrierRankVerifierMethods
2025ORI TRADING LIMITED––––China Classification SocietyA
2024ORI TRADING LIMITED5.748.09−29%596 of 3,089China Classification SocietyA
2023not published7.078.27−15%1,221 of 3,548China Classification SocietyA
2021not published7.708.57−10%1,317 of 3,466RINAA
2018not published––––Verifavia–

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.

CYCAS (IMO 9403114): fuel, emissions and EU ETS 2018–2025 | Navalyze