As of 30th of April 2021, the reporting period regarding the EU MRV Regulation for the estimation of CO2 emissions from maritime has closed.
The second stage regards the reporting of the Annual fuel consumption reports of the IMO Data Collection System, which ended in May 2021.
MRV is an EU Regulation on the Monitoring, Reporting, and Verification of carbon dioxide (CO2) emissions from ships, that first entered into force on 1/1/2018.
The regulation hs established rules for the development of Monitoring Plans and for submitting the Emission Reports to the verifiers accredited by an EU National Accreditation Body for ships more than 5,000 gross tons which arrive at or depart from ports under the jurisdiction of an EU member state.
As for IMO DCS, this is a scheme developed to monitor the annual fuel consumption of ships over 5000GT. The concept is the same with the EU MRV regulation, as shipping companies have to develop the Ship Energy Efficiency Management Plan Part II for their ships, and monitor their consumption and report the annual results to their Administration.