Tag: EU MRV Regulation

In late March, Lloyd's Register (LR) issued a report evaluating key factors for the new EU MRV and EU ETS regulations.

Lloyd's Register has issued an article to remind that shipowners and operators of ships of 5,000gt and above,  are required to submit annual fuel oil consumption data to their Flag Administration or a recognised organisation nominated by the flag.

DNV has released a technical update on the use of biofuels or biofuel blends to clarify the regulatory status and other considerations on the usage of such fuels. Seeing that biofuels are one of many ways to comply with the IMO’s strategy on the reduction of Greenhouse Gas Protocol (GHG) emissions from ships, DNV provides a summary of regulatory issues, safety and operational aspects.

Climate change is a key concern for sustainable shipping, and using that as a base during session 4 of the 2022 GREEN4SEA Forum, experts shared their opinions on air emissions, as well as relevant regulations, such as the CII and the EEXI of the IMO, and recent regulations Fit For 55 and FuelEU, that the European Union launched.

LR informs that the Bunker Delivery Note (BDN) submitted as part of the evidence pack for IMO DCS and MRV Emissions Report verification must, in all cases, indicate the fuel name and grade as specified in the ISO 8217 fuel standard to ensure the correct Emissions Factor is used.

Some important milestones for the EU MRV and IMO DCS are coming up in the first half of 2022. In that regard, DNV issued recommendations, highlighting that ship operators need to submit the reports as early as possible, at the latest by 31 March, to ensure timely verification.

SQE MARINE consulting firm has issued circular to provide guidance to ship operators in order to revise the existing verified EU MRV plans and include additional guidance for UK MRV legislation and reporting requirements.

As of 30th of April 2021, the reporting period regarding the EU MRV Regulation for the estimation of CO2 emissions from maritime has closed.

Ahead the 75th session of the IMO's Marine Environment Protection Committee (IMO MEPC 75), which will take place online 16 - 20 November, Commissioner Vălean underlined that the maritime sector is a global sector, so long-term solutions will also have to be found globally.

Following months of debates across the industry, the European Parliament voted to include CO2 emissions from the maritime sector in the EU Emissions Trading System, eyeing a 40% reduction in CO2 by 2030.