#Monitoring, Reporting and Verification (MRV) rules… What does this mean for shipping companies berthing vessels in European ports?

The European Commission’s Monitoring, Reporting and Verification (MRV) rules to collect emissions data officially Entered Into Force (EIF) on July 1, 2015.

What does this mean for shipping companies berthing vessels in European ports?

All ship owners and operators of ships exceeding 5,000 gross tons to monitor and report their carbon emissions on all voyages to, from and between E.U. ports. Information such as fuel consumption, cargo loads and energy efficiency parameters will also need to be provided.

The quick EIF is to ensure that the member states and relevant stakeholders have sufficient time to take all the necessary actions for the effective application of this regulation before the first reporting period.

Reflecting to the requirements laid out in the Regulation (EU) 2015/757 and the growing demand for more efficient and pollution reducing technologies, SetelHellas has made a start with the unveiling of an unconventional and innovative solution that enables shipping companies to meet the requirements of EU Shipping MRV efficiently and effectively.

The new MRV Solution is a ‘natural extension’ of SetelHellas' SeeMBox-V technology which is designed to help shipping companies to accurately collect, monitor and analyse data as well as to act strategically on energy efficiency matters minimizing the risks and costs of regulatory compliance and verification.