World News
MeteoGroup Underlines FleetGuard's Applicability for IMO and EU MRV Regs
MeteoGroup says its interactive tool for live fleet monitoring, planning, and vessel optimisation, known as FleetGuard, can help shipping companies fully comply with new regulations implemented by the International Maritime Industry (IMO), as well as European Union's (EU's) Monitoring, Reporting, Verification (MRV) regulation.
As Ship & Bunker has reported, the MRV regulation will require shipping companies to submit ship-specific monitoring plans to verifiers for approval by the end of August 2017, with per-voyage monitoring set to start on January 1, 2018.
"Studies show the shipping industry can potentially reduce fuel consumption by up to 55 percent, with weather routing and speed reduction named as two of the 10 most effective existing measures, reducing emissions by 1-4 percent and 17-34 percent respectively and cost savings of up to €280 per tonne ($298.46 per tonne)," explains MeteoGroup.
"Weather routing and performance optimisation can be planned and monitored by FleetGuard to ensure shipping companies reduce emissions without compromising efficiency or ETAs."
MeteoGroup says FleetGuard enables companies to monitor Key Performance Indicators (KPIs), including bunker type and consumption, speed, and time.
Further, with defined weather limits and restrictions, as well as extreme weather warnings, FleetGuard can "ensure vessels are sailing at their optimum," reducing both fuel consumption and associated CO2 emissions in the process.
"As a leading provider of weather solutions to the shipping industry, FleetGuard already provides added value to over 100 shipping companies," said Christel Pullens, Sales Director for Shipping at MeteoGroup.
"The new regulations imposed by the EU now mean that reporting is in the forefront of many people's minds, and I'm very pleased that MeteoGroup and FleetGuard are able to help more shipping companies meet these new requirements."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.00 | 8.50 | 779.00 | 29.50 |
| Rotterdam | 608.00 | 11.00 | 764.50 | 24.50 |
| Houston | 636.50 | 8.00 | 807.50 | 5.00 |
| Fujairah | 649.50 | 4.00 | 888.50 | 11.50 |
| Global 20 Ports Average | 665.50 | 6.50 | 870.50 | 14.50 |
| Global 4 Ports Average | 635.50 | 3.50 | 810.00 | 17.50 |
| Global Average Bunker Price | 725.00 | 2.50 | 925.50 | 8.00 |
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