Five shipping companies have tasked Verifavia, the world’s leading emissions verification company for the transport sector, with performing a pre-verification gap analysis against the European Commission’s (EC) Monitoring, Reporting and Verification (MRV) rules. DFDS Seaways, Euronav Ship Management, NEDA Maritime Agency, Seaspan Ship Management and Synergy Maritime, have all appointed Verifavia to assess their organisations for MRV readiness.

MRV Regulation 2015/757 came into force on 1st July 2015 and is viewed as a first step towards cutting CO2 emissions from maritime transport in the European Union (EU). From 2018, it will require operators of ships exceeding 5000 GT to monitor, report and submit their independently verified carbon emissions on all voyages to, from and between EU ports. The benefit of the pre-verification gap analysis is that, if carried out early, it can identify any compliance and system design issues, enabling correction by the shipping company in a timely manner.

As part of the audit, Verifavia Shipping assesses the existing data accounting procedures and systems against the requirements of the Shipping MRV Regulation to identify any potential issues and non-compliance. Verifavia Shipping also reviews each company’s voyages, fuel and cargo data collection, and transmission and transformation procedures, and performs preliminary analysis of carbon emissions and activity data. The shipping company’s operational documentation is also reviewed to determine if it contains sufficient details for the implementation of the allowed fuel consumption monitoring methods.