The assessment was conducted in accordance with Regulation (EU) 2015/757 (monitoring, reporting and verification of Carbon Dioxide (CO2) from shipping activities), also known as MRV Regulation. The MRV Regulation came into force on 1st July 2015 and is a significant feature of the European Union's commitment to reduce greenhouse gas emissions.

It was announced on 1st March 2017 that LRQA was among the first group of verification bodies to receive accreditation against ISO 14065, permitting the global delivery of assessment and verification services related to the MRV Regulation. The assessment of Capital Ship Management Corp. vessel M/T 'Alkiviadis' was undertaken by the LRQA Piraeus office.

Evangelos Marinakis, Chairman of Capital Maritime & Trading Corp. said:

"Once again, this achievement reflects our company's strategy and commitment to be proactive in moving towards a sustainable maritime industry."

LRQA's Dr. Kirikos Faraklas said:

"This initiative shows the commitment of Capital Ship Management Corp. to being one of the leading pioneers in environmental and energy efficiency matters."

Source: Capital Ship Management Corp.