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> EU Shipping MRV Regulation - August 2016 Newsletter

EU Shipping MRV Regulation - August 2016 Newsletter

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Free EU MRV Seminar delivered by Verifavia Shipping at SMM, Hamburg on 6 September 2016


This free EU MRV seminar will discuss various aspects of the enforced Regulation 2015/757 on the Monitoring, Reporting & Verification (MRV) of carbon emissions and transport work of ships exceeding 5,000 GT visiting EU ports from the perspectives of ship operators, independent verifiers and other stakeholders. The aim is to provide owners and operators with a good understanding of the key deadlines, requirements and challenges of the EU MRV, and to help bridge the knowledge gap ahead of the legal deadlines.

This free EU MRV Seminar is organized jointly by Verifavia ShippingZephyr Trading and CarbonSink.

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Click here to register free of charge for the EU MRV Seminar
> To register for SMM, visit the official SMM website

European Commission published the draft Delegated & Implemeting Acts for Regulation 757/2015 on EU MRV 

The European Commission published the draft Delegated and Implementing Acts pursuant to Regulation 2015/757 (Shipping MRV). The Acts were open for public consultation until 25/26 August 2016 on the Commission's website.

The consultation is divided into four categories: The key document is the draft Monitoring Plan template which can be used by ship operators to describe their procedures and systems in place to monitor fuel consumption and other relevant information. Verifavia Shipping strongly recommends ship operators begin drafting their Monitoring Plan and have it assessed by an independent verifier, to identify any corrective action in a timely manner. As experts in the EU MRV Regulation, Verifavia Shipping is able to offer ship operators guidance on interpreting and understanding the nuances and requirements of the regulation. 

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Shipping needs to be ready for EU emissions rule


Shipping companies must be prepared to begin monitoring and reporting vessel greenhouse gas emissions for ships of more than 5,000 GT loading or unloading at European ports. Owners will need a monitoring plan for every ship, and will need to submit annually verified emissions reports to the European Union covering all voyages to/from/within Europe.

This is part of the EU’s monitoring, reporting and verification (MRV) regulation for CO2 emissions that comes into force next year. Regulation (EU) 2015/757 requires owners to have systems and practices that provide clear and precise evidence of compliance. Mandatory ship emissions monitoring will begin from 1 January 2018, but owners should have submitted monitoring plans by the end of August 2017.

Owners need to have the appropriate IT infrastructure and support in place to meet the requirements. They need to have these plans verified so that they demonstrate MRV compliance and have staff trained in the reporting. [...]

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Getting to grips with carbon legislation


With the European Union's upcoming MRV legislation continuing to cause confusion, experts are on hand to help vessel owners and operators achieve compliance.

The European Union’s new MRV (Monitoring, Reporting and Verification) legislation is causing significant confusion within the shipping industry, with shipowners continuing to grapple with the requirements. However, like it or loathe it, the MRV regulation is now a fact of life for more than 12,000 vessels visiting European ports every year and compliance is non-negotiable. [...]


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Are you ready for MRV?


[...] Verifavia Shipping, which provides verification services, advises owners to create monitoring plans now to prevent delays in 2017. “With thousands of ships needing to be assessed from 2017, there will be a bottleneck so owners should begin MRV plans now,” said Verifavia chief executive Julien Dufour. “Ship operators can select the monitoring method and have a plan ready by August next year. They should not wait untill the last minute, but should start now.” [...]

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