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Bulk Carrier Emissions & Retrofit Radar

Ships ranked by AER (Annual Efficiency Ratio) — grams of CO₂ emitted per tonne of deadweight carried one nautical mile (g CO₂/dwt·nm), the IMO carbon-intensity metric behind the CII rating — from official EU MRV emissions data for reporting year 2024. Lower is greener. Pick a segment and size class to see the greenest vessels first.

Segment rank (2024)
#22 of 3,531 bulk carriers
CO₂ intensity
2.0 g CO₂/dwt·nm
vs segment average (4.87)
-60% greener
A

CII band distribution

1,301 at D/E
A 1,145B 954C 1,317D 765E 536

4,717 rated vessels · 558 of the D/E set dock within 12 months

Docking pipeline — D/E vessels per quarter

96
Q3
123
Q4
133
'27 Q1
76
'27 Q2
58
'27 Q3
106
'27 Q4
102
'28 Q1
83
'28 Q2

Windows estimated from the class-expiry docking model, not bookings.

Top eligible retrofit measures for this segment

MeasureEligible CO₂ reductionCapex band PaybackConfidence
Propeller redesign / replacement 4,938 5–10% €400k–1,200k vendor claim
Bulbous bow reprofiling 4,887 2–6% €300k–900k vendor claim
Methanol dual-fuel conversion 3,009 5–15% €8,000k–20,000k vendor claim
Turbocharger cut-out 2,510 1–3% €80k–250k vendor claim
LNG dual-fuel conversion 2,442 15–25% €15,000k–35,000k vendor claim
Rotor sails (per unit) 2,405 route-dependent €1,500k–3,500k vendor claim

Capex bands are indicative vendor/literature priors. Payback appears once price parameters are configured.

Retrofit opportunity in this segment

1,096
D/E vessels with at least one eligible measure
€4,987–11,902M
capex range, top measure per vessel (1,096 of 1,096 with computable scaling)
0.25–0.47 Mt
annual CO₂ reduction available (vendor-claimed ranges × reported emissions)

Retrofit prospects — worst band first

VesselBand Age Drop year
STAITHES · 25-60k E 12y 2026
LANNA NAREE · 25-60k E 14y 2026
MAGNOLIA · 25-60k E 15y 2026
ASIAN PRIDE · 60-100k E 9y 2026
PERSEUS · 60-100k E 11y 2026
See all 4,717 rated bulk carriers with exposure and dock windows. Sign in →
3,604
vessels ranked
1.42
greenest (g CO₂/dwt·nm)
4.65
segment median
# Vessel Size (DWT) Built Carbon intensity — AER (g CO₂/dwt·nm) Grade
1 VULCANIA
IMO 9718686
82,036 2015
1.4
A
2 BO MAY
IMO 9980186
182,317 2025
1.6
A
3 SAO OASIS
IMO 9840465
324,690 2021
1.6
A
4 SAO PEARL
IMO 9840477
324,690 2021
1.6
A
5 SAO UNISON
IMO 9841380
324,690 2022
1.6
A
6 SHANDONG DE YUN
IMO 9872080
180,619 2020
1.7
A
7 ORE SHANTOU
IMO 9847542
324,983 2020
1.7
A
9 GARGANTUA
IMO 9712682
209,529 2015
1.8
A
8 GCL THAMES
IMO 9966221
182,334 2023
1.8
A
10 HENG MAY
IMO 9980174
181,500 2024
1.8
A
11 SM GEMINI1
IMO 9841586
324,972 2020
1.8
A
12 MOUNT ELBRUS
IMO 9945667
208,479 2021
1.8
A
13 NORD STEEL
IMO 9966233
182,288 2019
1.9
A
15 BERGE CAUBVICK
IMO 9335848
229,045 2006
1.9
A
14 FJ ROSSA
IMO 9921611
182,345 2022
1.9
A
16 SPRING HARMONY
IMO 9983578
182,498 2024
1.9
A
17 LAVINIA OLDENDORFF
IMO 9691931
207,562 2014
1.9
A
19 GOLDEN SWIFT
IMO 9702481
211,135 2016
1.9
A
18 SAMJOHN ARGONAUT
IMO 9745938
209,756 2014
1.9
A
20 SAO JOY
IMO 9824069
324,690 2020
1.9
A
21 GRAND SAKURA
IMO 9913949
181,924 2021
1.9
A
22 BOKM TIANJIN
IMO 9908607
324,922 2022
2.0
A
24 CAPE OLYMPIA
IMO 9860491
182,882 2020
2.0
A
23 SHINWA-MARU
IMO 9325295
297,541 2008
2.0
A
25 NAVIOS ALTAIR
IMO 9933092
182,115 2023
2.0
A
26 HELGA OLDENDORFF
IMO 9713040
209,171 2016
2.0
A
27 GOODSHIP
IMO 9311476
177,536 2005
2.0
A
28 KSL SALVADOR
IMO 9683271
180,958 2014
2.0
A
31 ARIADNE
IMO 9721877
207,520 2016
2.0
A
30 CAPE PLEASURE
IMO 9960124
182,096 2024
2.0
A
29 XH NINGBO
IMO 9948126
210,101 2023
2.0
A
32 ALPHA GALLANT
IMO 9747871
181,162 2016
2.0
A
33 CAPE OWL
IMO 9729219
179,510 2016
2.0
A
34 HEDWIG OLDENDORFF
IMO 9742728
209,239 2018
2.1
A
35 FRIEDRICH OLDENDORFF
IMO 9889265
208,822 2020
2.1
A
37 SHANDONG CIVILIZATION
IMO 9926415
210,963 2022
2.1
A
36 CAPE SUN
IMO 9953573
182,436 2023
2.1
A
38 CAPE KESTREL
IMO 9767510
181,267 2016
2.1
A
39 SHANDONG FU YI
IMO 9748801
81,783 2019
2.1
A
40 CAPE ELIANTO
IMO 9938602
182,328 2022
2.1
A
41 AWAJISAN MARU
IMO 9906805
181,994 2021
2.1
A
42 ORIENTAL EXPRESS
IMO 9346366
180,211 2006
2.1
A
43 BERGE MAWSON
IMO 9738868
181,160 2015
2.1
A
47 CAPE MERCURY
IMO 9943827
209,963 2023
2.1
A
46 TRUE CHARIOT
IMO 9726774
182,571 2015
2.1
A
45 FRIENDSHIP
IMO 9410454
176,948 2009
2.1
A
44 HT HUA SHAN
IMO 9468188
176,827 2009
2.1
A
48 SHANDONG NEW ERA
IMO 9910753
207,999 2022
2.2
A
50 NAVIOS AMETHYST
IMO 9960148
182,212 2023
2.2
A
49 AQUAJOY
IMO 9951111
182,082 2023
2.2
A
Page 1 of 71 — 3,531 vessels
Engine intelligence

Which engines power the greenest fleets?

The main engine is the single largest CO₂ source on board — typically well over 80% of a ship's emissions come from propulsion. We aggregated this ranking the other way around: every engine design is scored by the measured carbon intensity of the vessels carrying it, licensee-built units merged under their design brand. The verdict from the 2024 data — modern dual-fuel designs like MAN B&W's ME-GI and WinGD's X-DF families, together with EGR/SCR-abated and ultra-long-stroke G-type engines, consistently power the most emission-friendly ships in service.

Emission-friendly engine ranking

AER (Annual Efficiency Ratio) = annual CO₂ emissions ÷ (deadweight × distance sailed), the IMO carbon-intensity metric used for CII ratings. It is built only from measured CO₂, distance and deadweight — not the self-reported cargo transport-work figure, which is unreliable. Implausible outliers (top 2% per segment) are excluded. Grade A–E reflects each vessel's rank within its segment. Source: EMSA THETIS-MRV.