To support the shipping industry's decarbonisation drive, the Baltic Exchange has calculated a set of indicative CO2 emissions figures and Energy Efficiency Operating Indicator (EEOI) reference values. These cover the standard Baltic vessels trading on the various routes for which we provide spot freight assessments.
Over time, it is hoped that this benchmark will provide the shipping industry with a valuable point of reference as the market seeks to factor in carbon emissions alongside charter rates. By understanding the variability in operating efficiencies across routes and size classes, owners and charterers will be able to take practical steps to minimise their carbon footprint.
At this stage, these figures have been calculated based on typical vessel and voyage characteristics. Members are encouraged to provide feedback and to provide their own findings and operating performance which the Baltic can then use to validate, maintain and update the index EEOI values.
Full details of the calculations used can be found here.
Please send any feedback to [email protected]
Cape
| Route | Description | CO2 (tonne) Eco Speed |
CO2 (tonne) Full Speed |
EEOI Eco Speed |
EEOI Full Speed |
| C5TC | Annualised EEOI, 12 months spot trading | 39,430 | 54,824 | 4.40 | 5.43 |
| C2 | Tubarao to Rotterdam 160,000 LT |
4,889 | 6,052 | 5.58 |
6.91 |
| C3 | Tubarao to Qingdao 160,000 LT |
8,075 | 9,981 | 4.12 | 5.09 |
| C5 | West Australia to Qingdao 160,000 LT |
3,587 | 4,426 | 5.58 | 6.88 |
| C7 | Bolivar to Rotterdam 180,000mt DWT |
4,342 | 5,361 | 5.98 | 7.38 |
| C8 | Gibraltar/Hamburg transatlantic round voyage 180,000mt DWT |
6,123 | 7,562 | 4.63 | 5.72 |
| C9 | Continent/Mediterranean trip to China-Japan 180,000mt DWT |
7,177 | 8,858 | 3.80 | 4.69 |
| C10 | China-Japan transpacific round voyage 180,000mt DWT |
3,587 | 4,426 | 5.58 | 6.88 |
| C14 | China-Brazil round voyage 180,000mt DWT |
8,075 | 9,981 | 4.12 | 5.09 |
| C16 | Mediterranean trip to Indonesia 180,000mt DWT |
5,202 | 6,415 | 3.76 | 4.64 |
| C17 | Saldanha Bay to Qingdao 170,000 LT |
8,041 | 9,956 | 5.52 | 6.84 |
Panamax
| Route | Description | CO2 (tonne) Eco Speed |
CO2 (tonne) Full Speed |
EEOI Eco Speed |
EEOI Full Speed |
| P5TC | Annualised EEOI, 12 months spot trading | 21,501 | 30,014 | 6.55 | 8.13 |
| P1A | Skaw-Gibraltar transatlantic round voyage 82,500mt DWT |
2,572 | 3,181 | 6.53 | 8.07 |
| P2A | Skaw-Gibralter trip to Taiwan-Japan 82,500mt DWT |
3,950 | 4,942 | 5.42 | 6.78 |
| P3A | Japan-S.Korea transpacific round voyage 82,500mt DWT |
2,751 | 3,401 | 7.86 | 9.72 |
| P4 | Japan-S.Korea trip to Skaw-Passero 82,500mt DWT |
2,792 | 3,504 | 4.42 | 5.55 |
| P5 | S.China, Indonesian round voyage 82,500mt DWT |
1,039 | 1,277 | 7.65 | 9.41 |
| P6 | Singapore round voyage via Atlantic 82,500mt DWT |
5,797 | 7,193 | 7.17 | 8.90 |
| P7 | USG to Qingdao grain 66,000 mt |
5,390 | 6,783 | 4.81 | 6.06 |
| P8 | Santos to Qingdao grain 66,000 mt |
5,797 | 7,193 | 7.17 | 8.90 |
Supramax
| Route | Description | CO2 (tonne) Eco Speed |
CO2 (tonne) Full Speed |
EEOI Eco Speed |
EEOI Full Speed |
| S10TC | Annualised EEOI, 12 months spot trading | 21,575 | 28,791 | 7.25 | 8.62 |
| S1B | Canakkale trip via Mediterranean or Black Sea to China-S. Korea 58,238 mt DWT |
2,504 | 2,954 | 5.94 | 7.00 |
| S1C | USG trip to China-S. Japan 58,238 mt DWT |
2,992 | 3,526 | 5.83 | 6.87 |
| S2 | N. China one Australian or Pacific round voyage 58,238 mt DWT |
2,523 | 3,045 | 10.11 | 12.20 |
| S3 | N. China trip to W. Africa 58,238 mt DWT |
3,137 | 3,696 | 5.78 | 6.81 |
| S4A | USG trip to Skaw-Passero 58,238 mt DWT |
1,605 | 1,892 | 6.10 | 7.19 |
| S4B | Skaw-Passero trip to USG 58,238 mt DWT |
1,608 | 1,896 | 6.19 | 7.30 |
| S5 | Supramax W. Africa trip via EC S America to N. China 58,238 mt DWT |
4,081 | 4,862 | 6.57 | 7.83 |
| S8 | S. China trip via Indonesia to EC India 58,238 mt DWT |
1,318 | 1,577 | 8.13 | 9.73 |
| S9 | W. Africa trip via EC S America to Skaw-Passero 58,238 mt DWT |
2,618 | 3,138 | 7.92 | 9.49 |
| S10 | S. China trip via Indonesia to S. China 58,238 mt DWT |
1,021 | 1,230 | 9.57 | 11.53 |
Handysize
| Route | Description | CO2 (tonne) Eco Speed |
CO2 (tonne) Full Speed |
EEOI Eco Speed |
EEOI Full Speed |
| HS7TC | Annualised EEOI, 12 months spot trading | 16,409 | 23,523 | 8.33 | 10.52 |
| HS1 | Skaw-Passero trip to Rio de Janeiro-Recalada 38,200 mt DWT |
1,309 | 1,693 | 6.70 | 8.66 |
| HS2 | Skaw-Passero trip to Boston-Galveston 38,200 mt DWT |
982 | 1,264 | 6.85 | 8.82 |
| HS3 | Rio de Janeiro-Recalada trip to Skaw-Passero 38,200 mt DWT
|
1,317 | 1,702 | 6.64 | 8.58 |
| HS4 | USG trip via USG or NC S America to Skaw-Passero 38,200 mt DWT
|
1,209 | 1,563 | 6.62 | 8.56 |
| HS5 | SE Asia trip to Singapore-Japan 38,200 mt DWT |
1,946 | 2,404 | 10.65 | 13.16 |
| HS6 | N. China-S. Korea-Japan trip to N. China-S. Korea-Japan 38,200 mt DWT |
2,090 | 2,556 | 12.35 | 15.11 |
| HS7 | N. China-S. Korea-Japan trip to SE Asia 38,200 mt DWT |
875 | 1,101 | 8.55 | 10.75 |