On the 1st of July 2015 the EU-MRV Regulation (Monitoring, Reporting, Verification) entered into force /came into effect. What does this mean for shipping companies berthing vessels in European ports?
All ship owners and operators will have to monitor and report the verified amount of CO2 emitted by their vessels (>5000) on voyages to, from and between EU ports. Information such as fuel consumption, cargo loads and energy efficiency parameters will also need to be provided.
Download our updated 8-page MRV paper below, in which DNV GL experts summarize how the regulation may affect the industry.
- Learn about critical dates. When does the regulation affect you and your business?
- Consider submitting a “Monitoring Plan” of each of your ships until 31. Aug. 2017 for verification to an accredited Verifier (DNV GL applied to become a verifier)
- Be prepared and check whether you have an effective and all-encompassing monitoring and reporting tool for your ship and its operating data (incl. cargo data) to fulfil EU MRV requirements
- Be aware that IMO is establishing an “MRV-kind” global “Fuel Consumption Data Collection - System” possibly starting only one year (2019) after EU-MRV