Navalyze · Bulk carrier · Ship

PANDA

IMO: 9748277
Type: Bulk carrier
Average cargo carried: 14,984 t
Flag (estimated): Cayman Islands
Port of registry: George Town
Technical efficiency: EEDI 5.25 g CO₂/t·nm

ISM company (DoC holder) in 2025: Blumenthal Asia Pte Ltd

Report year

2020 at a glance

From the 2020 THETIS-MRV report. Carries about 15,989 t of cargo on average.

Fuel kg/nm

59.6

Bulk carrier median 86.5 kg/nm (−31%)

CO₂ per transport work (cargo)

11.8

g CO₂/t·nm · Bulk carrier median 8.24 (+43%)

Average speed

10.8 kn

Bulk carrier median 11.1 kn (−3%)

Fuel per day at sea

15.4 t/day

Fuel consumed

2,056 t

CO₂ emitted

6,511 t

Distance sailed

34,509 nm

CO₂ ÷ CO₂ per mile

Time at sea

3,208 h

134 days, 37% of the year

Within the bulk carrier fleet, 2025

Set against all 3,611 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 kg/nmThis ship 73.7 kg/nm · median 82.6 (−11%)

61.0Ranks 1,112 of 3,611, lowest first114

Average speedThis ship 10.0 kn · median 10.7 (−7%)

8.8Faster than 28% of bulk carrier ships11.8

CO₂ per transport work (cargo)This ship 15.8 g CO₂/t·nm · median 7.90 (+99%)

4.80Ranks 3,243 of 3,611, lowest first15.9

Middle 80% of shipsMiddle 50%Bulk carrier medianThis ship

Where the emissions happen, 2020

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 ports6%
From the EU33%
Into the EU58%
At berth in the EU4%

Fuel burned laden

–

Not reported

CO₂ at berth

266 t

4.1% 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 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 kg/nm

PANDA
Bulk carrier median

40.060.080.0100.0

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

Average speed, kn

PANDA
Bulk carrier median

9.010.011.012.013.0

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

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

PANDA
Bulk carrier median

5.07.510.012.515.017.5

’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	+0.1 kn	+48%	+49%	−75%	+123%	Same speed, fuel per mile up 48%; worse than speed alone explains (fouling, weather, loading or trade).
2023→2024	−0.3 kn	−28%	−30%	+227%	−52%	Same speed, fuel per mile down 28%; better than speed alone explains (hull, engine or trade).
2022→2023	−0.9 kn	+28%	+18%	−62%	+68%	0.9 kn slower, fuel per mile up 28%; worse than speed alone explains (fouling, weather, loading or trade).
2021→2022	−0.4 kn	−23%	−27%	−17%	+6%	0.4 kn slower, fuel per mile down 23%; better than speed alone explains (hull, engine or trade).
2020→2021	+0.7 kn	+19%	+28%	−63%	−30%	0.7 kn faster, fuel per mile up 19%; worse than speed alone explains (fouling, weather, loading or trade).
2019→2020	−1.5 kn	−9%	−21%	+77%	+23%	1.5 kn slower, fuel per mile down 9%; 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

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	Blumenthal Asia Pte Ltd	243	780	3,305	330	10.0	73.7	15.8	–
2024	Blumenthal Asia Pte Ltd	654	2,064	13,129	1,320	9.9	49.8	7.07	–
2023	not published	280	895	4,015	394	10.2	69.6	14.7	–
2022	not published	568	1,798	10,449	943	11.1	54.4	8.72	–
2021	not published	896	2,803	12,605	1,092	11.5	71.1	8.26	–
2020	not published	2,056	6,511	34,509	3,208	10.8	59.6	11.8	–
2019	not published	1,283	4,034	19,485	1,589	12.3	65.8	9.62	–

Benchmark and verification

Year	ISM company	CO₂ per TW, g CO₂/t·nm	Bulk carrier median	vs Bulk carrier	Rank	Verifier	Methods
2025	Blumenthal Asia Pte Ltd	15.8	7.90	+99%	3,243 of 3,611	Verifavia	A
2024	Blumenthal Asia Pte Ltd	7.07	8.09	−13%	1,106 of 3,089	Verifavia	A
2023	not published	14.7	8.27	+77%	3,065 of 3,548	Verifavia	A
2022	not published	8.72	8.71	+0%	1,988 of 3,968	Verifavia	A
2021	not published	8.26	8.57	−4%	1,580 of 3,466	Verifavia	A
2020	not published	11.8	8.24	+43%	2,542 of 3,150	Verifavia	A
2019	not published	9.62	8.38	+15%	2,144 of 3,360	Verifavia	A

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.