What next for EU MRV?
The EU MRV Regulation came into force on 1 July 2015. It dictates that any vessel exceeding 5,000 gross tonnage (GT), which calls at an EU port on, or after January 1st 2018 to load or unload cargo, or embark or disembark passengers for commercial purposes must monitor and record its fuel consumption, CO2 emissions, and associated transport work.
The first key legal deadline faced by shipowners and operators is 31st August 2017, when they must submit a Monitoring Plan (MP) to verifiers; outlining the procedures in place to monitor and report their carbon emissions and transport work. Once submitted, the MP must be successfully assessed by 31st December 2017, before the start of the first monitoring period.
The European Commission recently published an MP template along with the draft Delegated and Implementing Acts, which provides a reference point for owners and operators that are unclear of the regulations’ requirements or how to begin developing an MP. [...]
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