FleetGuard helps shipping companies comply with new EU-MRV regulation
March 2017: FleetGuard, MeteoGroup’s interactive tool for live fleet monitoring, planning and vessel optimization, helps shipping companies fully comply with the EU and IMO monitoring, reporting and verification (MRV) regulation, which requires companies report on the CO2 emissions of its vessels as of 1 January 2018.
All shipping companies operating vessels larger than 5,000 gross tonnage and calling at any EU port, will be required to submit a plan for monitoring, reporting and verifying its CO2 emissions by 31 August 2017, with data collection due to commence on 1 January 2018. Monitoring is required on a per ship and voyage basis and, amongst others, will need to cover amount and emission factor for each type of fuel consumed in total, CO2 emitted, distance traveled and time spent at sea, all of which can be logged using MeteoGroup’s FleetGuard tool.
FleetGuard, an integrated solution for fleet monitoring, planning and optimization, can help shipping companies ensure that they adhere to the new regulations and those already imposed by the International Maritime Organisation (IMO). Its flexible and dynamic noon reporting system and pivot style database collects all data required by the verification body and an API for third party systems offers an easy connection for transfer of compulsory monitoring data.
A concern for shipping companies is the accuracy of the information they are collecting and a significant amount of time is spent verifying data. FleetGuard supports customers with smart algorithms and experienced analysts, ensuring the validity of all data submitted.
What are the most effective ways of reducing fuel consumption and emissions?
Studies show the shipping industry can potentially reduce fuel consumption by up to 55%, with weather routing and speed reduction named as two of the 10 most effective existing measures, reducing emissions by 1-4% and 17-34% respectively and cost savings of up to 280€ per tonne. Weather routing and performance optimisation can be planned and monitored by FleetGuard to ensure shipping companies reduce emissions without compromising efficiency or ETAs. Read the full report here: http://bit.ly/2mIkVKO
FleetGuard acts as a complete analysis tool, not only ensuring monitoring regulations are adhered to, but also acting as a performance tool. Companies can monitor their own KPI’s, such as bunker type and consumption, speed, time and ETAs. User defined weather limits and restrictions, and extreme weather warnings ensure vessels are sailing at their optimum, helping to actually reduce fuel consumption and CO2 emissions.
Christel Pullens, Sales Director for Shipping at MeteoGroup said, “As a leading provider of weather solutions to the shipping industry, FleetGuard already provides added value to over 100 shipping companies. 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.”
The report data from the EU MRV regulation will be published by the EU by 30 June 2019.
You can find more information on FleetGuard here: https://www.meteogroup.com/product/fleetguard
Or for more information on the MRV regulation visit: http://www.lr.org/en/services/environment-and-sustainability/MRV-regulation.aspx
For more information please contact:
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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.