StormGeo announces EU MRV Certification
The European Union’s decision to monitor CO2 emissions for most vessels in excess of 5,000 gross tons affects owners or vessel managers with ships that are calling on ports in EU member states. The EU requires ship-specific monitoring plans to be in place by August 31, 2017, including being MRV compliant for Monitoring, Reporting and Verification. StormGeo's shipping division has been collecting data, monitoring data and reporting data on fuel consumption and emissions for over twenty years. More than 60,000 voyages utilised StormGeo’s methods of collecting and reporting data in 2016. StormGeo is supporting the new EU regulation and recently has gone the extra step to become EU MRV Certified. According to Michael O’Brien, StormGeo business development manager, “StormGeo is in the unique position to leverage decades of AWT’s vessel data collection and reporting to ensure seamless compliance for all facets of the EU MRV regulation. Understanding the importance of MRV compliance, we became certified as an EU MRV provider to give ship owners and managers peace of mind when relying upon our systems.” StormGeo’s Fleet Performance solution, FleetDSS MRV, incorporates a service level that was created in response to the European Union regulations that ships accurately measure their CO2 output. FleetDSS MRV provides a tool to help create monitoring plans, view leg-by-leg voyage reports as well as annual emissions reports. In addition, the required reports are sent directly to a verification entity. It includes tools to understand fuel consumption as it relates to performance speed. This gives additional insight into each fleet beyond the MRV regulations.