Weekly Video Series by First Choice Carbon on EU MRV Regulation
With one of its kind of interactive video series, Tobias Konik from First Choice Carbon provides insights into the European Regulation on carbon emissions from ships and gives practical tips.The EU Regulation on the monitoring, reporting and verification (MRV) of carbon emissions from ships has come into effect today. From 2018 onwards, operators of vessels above 5,000 gt will be required to monitor and report on their carbon emissions and other relevant information for all voyages to, from or between EU ports, but also while at berth within EU ports.
Through this video series, Tobias Konik have tried to answer all the questions related to EU MRV compliance. Let’s dive deeper into what shipowners and managers must know to be better prepared for the new regulation.
Video 1 - What is MRV Shipping?
What is MRV Shipping? In this video and blog post you learn what MRV Shipping stands for, who must participate and what is the next step on the route to compliance with this new European regulation.
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Video 2 - Who is regulated under EU Regulation 2015/757?
In this video and blog post, First Choice Carbon take a closer look at EU Regulation 2015/757 to find out what type of vessels and operations are covered by the MRV system and which company is responsible for compliance.
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Video 3 - EU Shipping MRV - What are the next steps?
In this video, First Choice Carbon walks you through the various steps ship owners must take to become fully compliant with the EU Shipping MRV system.
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Video 4 - EU MRV Monitoring Plan - What ship owners must know?
In this video and blog post, First Choice Carbon shed some more light on the EU MRV monitoring plan and answer the questions: What is a monitoring plan and what does it contain?
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Video 5 - EU MRV Emissions Report - What ship owners must know?
In this video and blog post, First Choice Carbon takeS a closer look at the EU MRV emissions report. As mentioned in our video about the path to compliance, companies must submit to the European Commission a verified emissions report for each ship under their responsibility for the first time by 30 April 2019.
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In this video, First Choice Carbon takes a closer look at non-conformities - something ship operators may encounter when going through the MRV verification.
In this video, First Choice Carbon talks about misstatements and how they may affect the outcome of the MRV verification of your emissions report. A misstatement is defined as an omission, misrepresentation or error in the reported data. It can happen, for example, if the formula you have chosen to calculate fuel consumption is used incorrectly.
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In this video, First Choice Carbon compares two prominent Shipping CO2 regulations (EU vs IMO). You learn what are the main differences between the EU MRV Shipping regulation and the fuel oil consumption data collection system from IMO.
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In this video, First Choice Carbon shed some more light on the fuel oil consumption data collection system from the International Maritime Organization (IMO).
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In this video, First Choice Carbon picks up from where we left off in the previous video IMO data collection system - Part 1.
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In this video, First Choice Carbon discusses the different options companies have for complying with the European MRV Shipping regulation. This will help you, especially if you are at the beginning of the compliance process, to find the MRV compliance strategy that is best for you.
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In this video, First Choice Carbon talks about how the European MRV Shipping Regulation is enforced and what type of sanctions and penalties companies can expect in case of non-compliance.
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First Choice Carbon have already talked about the publication of reported information in one of our previous videos. In this video, First Choice Carbon takes a closer look at what information will be published by the European Commission and what shipping companies can do against the publication of commercially sensitive information.
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To subscribe to the weekly video series from First Choice Carbon, please visit their website www.firstchoicecarbon.com. Back to all Industry News
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Video 6 - EU MRV Document of Compliance - What ship owners must know?
In this video and blog post, First Choice Carbon talk about the EU MRV document of compliance. Because it has the same name, we need to be careful to not confound it with the other document of compliance – the one which demonstrates compliance with the ISM code.
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Video 7 - What is the MRV Shipping Verification?
In this video, First Choice Carbon talk about the MRV Shipping verification because the legislation requires ship operators to go through a verification on at least two occasions. There is the assessment of monitoring plan and the verification of your annual emissions report.
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Click here to watch the video
Video 8 - MRV verification - What are non-conformities?
In this video, First Choice Carbon takes a closer look at non-conformities - something ship operators may encounter when going through the MRV verification.
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Video 9 - From a EU MRV verifier's perspective - What are misstatements?
In this video, First Choice Carbon talks about misstatements and how they may affect the outcome of the MRV verification of your emissions report. A misstatement is defined as an omission, misrepresentation or error in the reported data. It can happen, for example, if the formula you have chosen to calculate fuel consumption is used incorrectly.
Click here to watch the video
Video 10 - EU vs IMO - Comparison between two Shipping CO2 regulations
In this video, First Choice Carbon compares two prominent Shipping CO2 regulations (EU vs IMO). You learn what are the main differences between the EU MRV Shipping regulation and the fuel oil consumption data collection system from IMO.
Click here to watch the video
Video 11 -IMO Data Collection System – Part 1
In this video, First Choice Carbon shed some more light on the fuel oil consumption data collection system from the International Maritime Organization (IMO).
Click here to watch the video
Video 12 - IMO Data Collection System – Part 2
In this video, First Choice Carbon picks up from where we left off in the previous video IMO data collection system - Part 1.
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Video 13 - What is the right MRV Compliance Strategy for you?
In this video, First Choice Carbon discusses the different options companies have for complying with the European MRV Shipping regulation. This will help you, especially if you are at the beginning of the compliance process, to find the MRV compliance strategy that is best for you.
Click here to watch the video
Video 14 - How is the MRV Shipping Regulation enforced?
In this video, First Choice Carbon talks about how the European MRV Shipping Regulation is enforced and what type of sanctions and penalties companies can expect in case of non-compliance.
Click here to watch the video
Video 15 - What information will be published by the European Commission?
First Choice Carbon have already talked about the publication of reported information in one of our previous videos. In this video, First Choice Carbon takes a closer look at what information will be published by the European Commission and what shipping companies can do against the publication of commercially sensitive information.
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Video 16 - How the EU defines a voyage and a port of call?
Article 9 (1) of the regulation requires shipping companies to monitor certain information for each qualifying voyage including fuel consumption, CO2 emissions, distance travelled, time spent at sea and cargo.
So before we can calculate any of these parameters, we first need to understand how the EU defines a voyage. When does a voyage start and when does it end?
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In the previous video, First Choice Carbon answered the question what is a voyage. Having identified the voyage, we must now identify all the voyages that are subject to MRV Shipping and, as a consequence, the mandatory per-voyage monitoring.
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So before we can calculate any of these parameters, we first need to understand how the EU defines a voyage. When does a voyage start and when does it end?
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Video 17 - What is the geographical scope of MRV Shipping?
In the previous video, First Choice Carbon answered the question what is a voyage. Having identified the voyage, we must now identify all the voyages that are subject to MRV Shipping and, as a consequence, the mandatory per-voyage monitoring.
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Video 18 - Monitoring within EEA port of calls
Shipping companies must not only monitor fuel oil consumption and CO2 emissions during a qualifying voyage but also within port of calls located on EU territory.
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Click here to watch the video
Video 19 - Part 2 - How to find the optimal compliance strategy?
As mentioned in earlier video, it's probably the single most important decision for shipping companies, so First Choice Carbon decided to release another video about the optimal compliance strategy.
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Click here to watch the video
Video 20 - Method A: BDN and periodic stocktakes of fuel tanks
In this video, First Choice Carbon takes a closer look at the first of the four monitoring methodologies shipping companies can choose from. In this video, reference is given to method A which is based on the Bunker Delivery Note (BDN) and periodic stocktakes of fuel tanks.
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Click here to watch the video
