ABS partners Greek owners for MRV solution

Industry Database

Classification services provider, ABS, has completed a project with Greek shipowners to support preparations for implementing the European Union’s Monitoring, Reporting and Verification (MRV) regulation for CO2 emissions.

The initiative aims to interpret clearly the regulation that allows companies to understand how they will be affected and what steps have to be taken to achieve and demonstrate compliance.

“The EU MRV Regulation establishes a regional regime that requires owners to put in place systems and practices that provide clear and precise evidence of compliance,” said Dr. Kirsi Tikka, ABS executive vice president - global marine.

“Leveraging its knowledge and experience, ABS has worked with these proactive owners to help them understand the requirements and to find solutions that minimize interruptions to their ability to trade,” she added.

EU regulation 2015/757, which applies to ships above 5000GT calling at member state ports, requires that owners establish and maintain accurate processes to provide evidence of compliance. It is widely seen as the forerunner to a global system of CO2 emissions reporting that will be established under the auspices of the International Maritime Organization. 

ABS joined tanker owners Maran, Thenamaris, Minerva, Euronav and Tsakos in 2014 to begin preparing an MRV plan which comprised six months of testing on a fleet of 15 vessels.

At the end of the data-gathering phase, ABS reviewed emission reports, assessing the reliability, credibility and accuracy of the monitoring systems and the resulting reported emissions data and information. The results were shared with INTERTANKO.

Although ship emissions monitoring does not begin until January 2018, plans must be submitted to the accredited verifiers no later than the end of August of 2017. Owners need to have the appropriate IT infrastructure and support in place to meet the requirements and make sure ship and shoreside staff are properly trained.

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