Verifavia exceeds 1,000 ships under EU MRV assessment

Emissions verification company Verifavia, has announced that it now has more than 1,000 ships and Monitoring Plans (MPs) under assessment for compliance with the European Union's Monitoring, Reporting, and Verification (EU MRV) regulation.

Three months ago, Verifavia became the first globally accredited verifier to receive dual accreditation under ISO 14065 standard and Regulation 757/2015 three months ago. With accreditation from the United Kingdom Accreditation Service (UKAS) and France's national accreditation body, Cofrac, the company is able to assess or verify any ship, anywhere in the world, regardless of country of ownership, flag state, or class.

Commenting on the milestone, Verifavia Shipping CEO, Julien Dufour, said: "We feel proud and honoured that so many shipping companies have entrusted Verifavia to ensure a smooth EU MRV verification process. Verifavia remains committed to working collaboratively with ship owners and operators to achieve EU MRV compliance in an efficient, timely, and cost-efficient manner."

The EU MRV regulation entered into force on July 1, 2015, and requires ship owners and operators to annually monitor, report and verify CO2 emissions for vessels larger than 5,000 gross tonnes (GT) calling at any EU or EFTA port.

By August 31, 2017, ship owners must submit to their verifier the CO2 Monitoring Plan of each ship in their fleet. Then, from January 2018 onwards, they will be required to monitor the emissions, fuel consumption and other parameters, which will have to be reported on an annual basis and verified.

The aggregated ship emission and efficiency data is to be published by the European Commission by June 30, 2019, and then every consecutive year thereafter.

Verifavia says its client roster comprises many leading global shipping companies including The China Navigation Company (CNCo), The Wallem Group, E.R. Schiffahrt, Chios Navigation (Hellas) Ltd, Oldendorff Carriers, NORDEN, DFDS, Fairmont Shipping, OSM Maritime Group, and Enesel S.A & Limited. In addition, global information and communications technology (ICT) providers, such as StormGeo, are entrusting Verifavia to certify their EU MRV ICT solutions, which seek to streamline the data collection and reporting process for shipping companies needing to comply with the EU MRV Regulation.

The company is currently working with circa 60 shipping companies spanning 1,052 ships, and has certified EU MRV solutions and systems for 16 ICT providers.

Commenting on working with Verifavia, Samar Das, Manager - Fleet Optimisation, Technology & Projects, Wallem Ship Management, said: "Since commencing our EU MRV compliance process with Verifavia, we have been very satisfied by the team's professionalism, expertise, and knowledge of the regulation. It's reassuring to work with a verifier that appreciates the challenges we face as shipping companies, and we are grateful to the Verifavia team for always ensuring that our compliance process is easy and straightforward."

Sean Raghina, VP Marine - Marine & Technical Dept, Fairmont Shipping, remarked: "Verifavia has been extremely prompt and helpful every step of the way in assisting us to achieve compliance with EU-MRV regulations for our fleet of managed vessels."

"As global fleet performance experts committed to providing our clients with the highest quality service, we see great synergies in the service provided by Verifavia. It has been a pleasure to work in close partnership with Verifavia to ensure that our EU MRV solution genuinely helps ship owners and operators to achieve compliance with the regulation accurately and efficiently," said Michael O'Brien, StormGeo Shipping VP of Product & Business Development.

"Greece represents a significant portion of the global fleet that will need to comply with the EU MRV regulation. We are very pleased to be working with Verifavia and its team of EU MRV experts, who not only understand the regulation and its global implications, but also its applications for the Greece and Cyprus-based shipping markets," added Nicholas A. Kydoniefs, Technical Director, Chios Navigation (Hellas) Ltd.


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Verifavia exceeds 1,000 ships under EU MRV assessment

Working with around shipping 60 firms required to submit CO2 Monitoring Plans before August 31 deadline.

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