World News
LR Unveils EU MRV and IMO DCS Reporting Tool
Lloyd's Register (LR) has launched a new online tool it hopes will make it easier to comply with EU MRV and IMO DCS rules.
The CO2 Verifier is touted as a "one stop" compliance solution where LR's clients can manage their fleet compliance and submit data to regulators.
"Implementation of these regulations presents a significant compliance challenge for shipowners and operators – LR's CO2 Verifier offers one simple way to comply with them both. It will save our clients time and effort, enabling them to focus on their day-to-day business," said Nick Brown, LR Marine & Offshore Director.
The EU monitoring, reporting and verification (MRV) regulation is designed to gather data on CO2 emissions based on ships' fuel consumption.
IMO DCS was introduced in parallel, and is also based on collecting and analysing fuel consumption data.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 644.50 | 2.50 | 765.00 | 14.00 |
| Rotterdam | 607.50 | 0.50 | 764.50 | 24.50 |
| Houston | 632.50 | 4.00 | 807.50 | 5.00 |
| Fujairah | 650.50 | 1.00 | 882.50 | 6.00 |
| 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 |
Popular Now More
-
Apr 19The firm has chartered the 7,994 DWT barge Margherita to add to the operation, operated by Fratelli Cosulich. -
Apr 18Singapore's authorities are in the process of developing a regulatory framework for a methanol bunkering licence, and plan to call for applications for the licence by the end of this year. -
Apr 19The company is looking for candidates with proven experience in bunker trading and demonstrated leadership experience.