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Bulk carrier — emissions rankings

Bulk carriers are shipping's tramp workers: no fixed schedules, cargoes from iron ore to grain, and long idle spells at anchor that their emissions profile reflects. Per tonne of cargo, big slow bulkers are among the most efficient machines afloat — a Capesize at 12 knots moves a tonne of ore for less CO₂ than almost any other transport mode on earth.

The spread inside the type is what this ranking exposes: modern eco-Newcastlemaxes sit far below the fleet average while elderly Handysizes, small and hard-worked, populate the other end. Age and size explain most of the gap.

Verified data reported under the EU MRV regulation (source: EMSA / THETIS-MRV).

Most efficient: Bulk carrier

Ranked by CO₂ emitted per tonne of cargo carried over one nautical mile — the metric that makes ships of different sizes comparable. Lower is better.

#VesselCompanyRegistryEfficiency
1MandyImelda Shipping Pte LtdSingaporetop 1%
2Stornes—Rotterdamtop 1%
3Ionic KallirhoeIonic Bulk Carriers (mgt) Inc.MAJUROtop 1%
4Anatolian EagleDinamik Denizcilik Ve Tic. A.sMajurotop 1%
5FioraGrehel Shipmanagement CoMajurotop 1%
6TzoumazOceana Shipping AgBaseltop 1%
7Gcl ThamesAnglo-eastern Ship Management LtdMonroviatop 1%
8Topaz—Majurotop 1%
9Gcl GodavariAnglo-eastern Ship Management LtdSingaporetop 1%
10Flag SeamanGolden Union Shipping Co SaVallettatop 1%
11Babitonga BayAnglo-eastern Ship Management LtdMonroviatop 1%
12Cl Biliu HeHuayang Maritime CenterHong Kongtop 1%
13Cape Heron—Londontop 1%
14Bella OlympiaCarras (hellas) S.a.Monroviatop 1%
15Ns NingboY.k.j Shipping Co.,ltd.Majurotop 1%
16Csc VictorChina Steel Express Corp.Kaohsiungtop 1%
17GoodshipSeanergy Shipmanagement Corp.MONROVIAtop 1%
18AquapiscesCarras (hellas) S.a.Monroviatop 1%
19Sao Neptune——top 1%
20Shine PearlAnglo-eastern Ship Management LtdMonroviatop 1%
21Maran VirtueMaran Dry Management Inc.—top 1%
22Duhallow—Londontop 1%
23Cape RigiVirono Shipping S.a.MONROVIAtop 1%
24Cotswold—Londontop 1%
25Maran VigourMaran Dry Management Inc.Piraeustop 1%

Biggest CO₂ emitters

#VesselCompanyCO₂ 2025 (t)
1Shinwa-maruNs United Kaiun Kaisha, Ltd.43,277
2Berge IshizuchiBerge Bulk Maritime Pte. Ltd20,646
3Wang MayForemost Group20,134
4Cape KestrelZodiac Maritime Ltd19,606
5Aris TMarmaras Navigation Ltd19,476
6Cape ProteusPrimebulk Shipmanagement Ltd19,166
7BeltnesReederei Hans Jurgen Hartmann Ms "beltnes" Gmbh & Co. Kg18,279
8Sagar SamratTata NYK Shipping Pte Ltd17,848
9FjordnesFjordnes Shipping Gmbh & Co. Kg17,767
10StarnesStarnes Shipping Gmbh & Co. Kg17,668