DNV GL Releases Guidance on MRV Regulation

Tuesday September 29, 2015

DNV GL has released a guidance document to assist ship operators in complying with the new Monitoring, Reporting and Verification (MRV) regulation, which was approved in European Parliament earlier this year.

"DNV GL has prepared an overview of how MRV will affect the maritime industry and what shipping companies need to do to achieve compliance," stated DNV GL.

"The MRV regulation aims to quantify and reduce CO2 emissions from shipping and will create a new kind of benchmarking system in Europe."

The guidance document includes an overview of the regulation, monitoring and reporting guidance, verification guidance, timeline information, and details on outstanding issues, as well as recommended actions for DNV GL customers.

DNV GL reminds ship operators that companies are to submit ship-specific monitoring plans to verifiers for approval by the end of the August 2017, with per-voyage monitoring set to start on January 1, 2018.

April 30, 2019 will see the requirement for verified annual emission reports to be submitted to the European Commission (EC), adds DNV GL, while June 30, 2019 will be the start date for the EC to make emission data publicly available.

In January, DNV GL announced that Hapag-Lloyd was in the process of having itself declared the worlds first MRV ready certified shipowner.