Navalyze · Bulk carrier · Ship

CETUS SPADE

IMO: 9731406
Type: Bulk carrier
Average cargo carried: 23,636 t
Port of registry: Majuro
Technical efficiency: EEXI 4.20 g CO₂/t·nm
Former names: VENTURE GRACE

ISM company (DoC holder) in 2025: cetus ship management (shanghai) ltd

Report year

2025 at a glance

From the 2025 THETIS-MRV report. Carries about 23,636 t of cargo on average.

Fuel per mile

62.0 kg/nm

Bulk carrier median 82.6 kg/nm (−25%)

CO₂ per transport work (cargo)

8.17

g CO₂/t·nm · Bulk carrier median 7.89 (+4%)

Average speed

10.5 kn

Bulk carrier median 10.7 kn (−2%)

Fuel per day at sea

15.7 t/day

Fuel consumed

300 t

CO₂ emitted

935 t

949 t CO₂eq incl. CH₄ and N₂O

Distance sailed

4,840 nm

CO₂ ÷ CO₂ per mile

Time at sea

459 h

19 days, 5% 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 62.0 kg/nm · median 82.6 (−25%)

61.0Ranks 412 of 3,610, lowest first114.1

Average speedThis ship 10.5 kn · median 10.7 (−2%)

8.8Faster than 45% of bulk carrier ships11.8

CO₂ per transport work (cargo)This ship 8.17 g CO₂/t·nm · median 7.89 (+4%)

4.80Ranks 1,921 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 ports0%
From the EU24%
Into the EU72%
At berth in the EU4%

52% of this ship's CO₂ falls under the EU ETS (485 t).

Fuel burned laden

–

Not reported

CO₂ at berth

3.7%

Alongside in EU ports

Methane (CH₄)

0.0 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

CETUS SPADE
Bulk carrier median

50.060.070.080.090.0100.0

’182018’202020’212021’222022’242024’252025

Average speed, kn

CETUS SPADE
Bulk carrier median

9.010.011.012.013.0

’182018’202020’212021’222022’242024’252025

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

CETUS SPADE
Bulk carrier median

5.06.07.08.09.010.0

’182018’212021’222022’242024’252025

Year on year

Year	Speed	Fuel per mile	Fuel per day	Distance	CO₂ per TW	Reading
2024→2025	−0.1 kn	+5%	+5%	−18%	+47%	Same speed, fuel per mile up 5%; worse than speed alone explains (fouling, weather, loading or trade).
2022→2024	−1.5 kn	−16%	−27%	−35%	−28%	1.5 kn slower, fuel per mile down 16%; worse than speed alone explains (fouling, weather, loading or trade).
2021→2022	+0.8 kn	−10%	−3%	+10%	−15%	0.8 kn faster, fuel per mile down 10%; better than speed alone explains (hull, engine or trade).
2020→2021	–	–	–	–	–
2018→2020	–	–	–	–	–

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	At sea h	Speed kn	Fuel kg/nm	CO₂ g/t·nm	Laden fuel
2025	cetus ship management (shanghai) ltd	300	935	4,840	459	10.5	62.0	8.17	–
2024	cetus ship management (shanghai) ltd	349	1,087	5,929	560	10.6	58.8	5.55	–
2022	not published	641	2,022	9,104	752	12.1	70.4	7.67	–
2021	not published	649	2,057	8,288	735	11.3	78.3	9.07	–
2020	not published	0	0	–	0	–	–	–	–
2018	not published	2,475	7,743	32,567	3,363	9.7	76.0	8.01	–

Benchmark and verification

Year	ISM company	CO₂ per TW, g CO₂/t·nm	Bulk carrier median	vs Bulk carrier	Rank	Verifier	Methods
2025	cetus ship management (shanghai) ltd	8.17	7.89	+4%	1,921 of 3,610	DNV	A
2024	cetus ship management (shanghai) ltd	5.55	8.09	−31%	531 of 3,089	DNV	A
2022	not published	7.67	8.71	−12%	1,468 of 3,968	EnvService	B
2021	not published	9.07	8.57	+6%	1,934 of 3,466	EnvService	B
2020	not published	–	–	–	–	EnvService	B
2018	not published	8.01	8.50	−6%	1,496 of 3,384	EnvService	B

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.