Environmental & ESG
Carbon intensity monitoring, EU-ETS compliance & green investments
Fleet Avg CII
9.1 g/t·nm
Rating B average · 2025 annual
Vessels Rated A
2
/ 11
AFROS · AKMI
EU-ETS Balance
12,480 EUA
Q1 2026 remaining allowances
Green Investments
€1.8M
3 active projects · 1 completed
| Vessel | Type | CII Value | Rating | Trend | YoY | EEXI | Green Tech |
|---|---|---|---|---|---|---|---|
| AFROS | Ultramax · 63,402 DWT | 6.8 | A | ↑ improving | -12% | Compliant | Flettner Rotor |
| AKMI | Ultramax · 63,688 DWT | 7.9 | A | ↑ improving | -8% | Compliant | — |
| AEPOS | Ultramax · 63,745 DWT | 8.1 | B | ↑ improving | -5% | Compliant | — |
| AXIOS | Kamsarmax · 81,960 DWT | 8.3 | B | ↑ improving | -4% | Compliant | — |
| ALKIMOS | Post-Panamax · 95,308 DWT | 8.9 | B | → stable | 0% | Compliant | — |
| APOLLON | Kamsarmax · 82,082 DWT | 9.1 | B | → stable | +1% | Compliant | — |
| EVMAR | Kamsarmax · 82,039 DWT | 9.4 | B | → stable | 0% | Compliant | — |
| APEX | Ultramax · 63,403 DWT | 9.8 | B | → stable | -1% | Compliant | — |
| ALMA | Kamsarmax · 81,948 DWT | 10.2 | C | ↓ worsening | +6% | Action Required | — |
| COSMAR | Kamsarmax · 82,025 DWT | 10.6 | C | ↓ worsening | +4% | Action Required | — |
| ARCHON | Kamsarmax · 82,084 DWT | 11.1 | C | → stable | +1% | Action Required | — |
2026 Emissions (YTD)
18,420 t CO₂
Q1 actual · EU-scope voyages
Allowances Purchased
28,420 EUA
2026 annual allocation
Balance Remaining
12,480 EUA
After Q1 surrender
Avg EUA Cost
€68.40 /t CO₂
Weighted avg purchase price
Quarterly Breakdown — 2026
| Quarter | Emissions (t CO₂) | Surrendered | Surplus / Deficit | Cost (EUR) | Status |
|---|---|---|---|---|---|
| Q1 2026 | 18,420 | 15,940 | -2,480 | €1,090,296 | Reported |
| Q2 2026 | ~19,100 est. | — | — | — | Pending |
| Q3 2026 | ~17,800 est. | — | — | — | Not due |
| Q4 2026 | ~16,200 est. | — | — | — | Not due |
Per-Vessel EU-ETS Contribution — Q1 2026
| Vessel | EU Voyages | Emissions (t CO₂) | Share | Cost (EUR) |
|---|---|---|---|---|
| ALKIMOS | 2 | 3,840 |
21% |
€262,656 |
| APOLLON | 2 | 3,520 |
19% |
€240,768 |
| AXIOS | 1 | 2,980 |
16% |
€203,832 |
| ARCHON | 2 | 2,860 |
16% |
€195,624 |
| COSMAR | 1 | 2,640 |
14% |
€180,576 |
| AFROS | 1 | 1,280 |
7% |
€87,552 |
| Other vessels | 2 | 1,300 |
7% |
€88,920 |
Flettner Rotor — Wind Assisted Propulsion
Magnus Effect rotor sail · Reduces fuel consumption 8–10% on favourable wind routes
Vessel
Investment
€1,200,000
CII Impact
-12% CII (A rating achieved)
Payback Period
3.2 years
Installed
Oct 2024
Q1 2026 performance: 680 MT fuel saved, €394,400 in bunker cost savings, 2,115 t CO₂ avoided. ROI payback on track — 1.4 years remaining.
Silicon-based Hull Coating
Low-friction anti-fouling coating · Reduces hull drag and fuel consumption 3–5%
Investment
€380,000
Expected CII Impact
-3–5% CII
Payback Period
2.5 years
Target
Q2 2026 dry dock