EU MRV: Monitoring, Reporting, and Verification

There has been a growing focus on sustainability within the maritime industry. MRV (Monitoring, Reporting and Verification) was the first step of a larger process to start reporting fuel consumption and CO2 emissions in the European Union. It provides a standardized approach to data collection and reporting, enabling companies to track their carbon footprint on a per-voyage basis. The collected data is required to be verified by independent third-party organizations to ensure accuracy and compliance with environmental regulations.

Looking for a solution to comply with MRV regulations? Click here to learn more about Proseadure’s software

EU MRV monitoring plan

Vessel owners, managers and charterers are required to prepare a monitoring plan for each of their vessels that call ports within the EU and are above 5000 gross tonnage. These plans have to be submitted to a verifier and include technical data from the ship and methods to monitor greenhouse gasses (GHG). The European Commission has shared templates for the monitoring plan and needs to be on board the vessel at all times.

MRV Emissions Reporting

Another requirement for EU MRV is the annual procedure of reporting the collected data. Ship owners and charterers are required to collect and report data regarding their fuel consumption and carbon emissions for each voyage. This data is essential for monitoring and assessing the environmental impact of the maritime industry. The data needs to be reported to THETIS-mrv.

With the help of Proseadure’s, reporting becomes a streamlined and efficient process. Based on the vessel reports, MRV emission data is automatically calculated, eliminating the need for manual calculations and reducing the chances of errors. It provides a comprehensive overview of the fleet’s carbon footprint, allowing companies to track their progress toward sustainability goals and identify areas for improvement.

The Significance of Independent Verification

Verification plays a crucial role in the MRV compliance process. To ensure the accuracy and validity of reported data, independent third-party organizations that are accredited verifiers conduct audits on the collected information. This verification process instills confidence in the reported figures and enhances the credibility of companies in demonstrating their adherence to sustainability regulations.

At Proseadure, we understand the importance of independent verification and verifying emissions. Our software is designed to support the verification process by providing transparent and reliable data. With its robust data management capabilities, the software ensures that the reported information is accurate and can withstand scrutiny during the verification process.

The Benefits of EU MRV regulation

Ensuring MRV compliance brings numerous benefits to shipping companies. Firstly, it allows companies to track and report their emissions accurately, providing transparency and accountability. This not only demonstrates their commitment to sustainability but also builds trust among stakeholders, including customers, investors, and regulatory bodies.

Moreover, MRV compliance leads to better data-driven decision-making. By monitoring fuel consumption and carbon emissions on a per-voyage basis, companies can identify inefficiencies and implement emission reductions by optimizing performance and reducing costs. This ultimately contributes to a greener and more sustainable maritime industry.

Curious about the role of multi-voyage optimization in reducing carbon emissions? Learn more about this game-changing approach.

How Proseadure Enhances MRV Compliance

At Proseadure, our software offers a complete solution for MRV compliance and sustainable fleet management. It provides a user-friendly interface, making it accessible to all users, regardless of their technical expertise. The MRV system supports not only compliance for EU MVR but also CII, EU FUEL, and EU ETS, ensuring that your company meets the necessary reporting requirements.

Additionally, Proseadure goes beyond the requirements of MRV compliance. It offers a multi-voyage optimisation feature, allowing you to make data-driven decisions and reduce carbon emissions further. By taking into account weather conditions, the software helps you optimize fuel consumption and plan the most sustainable and cost-effective voyages.

Ready to take your fleet’s sustainability to the next level? Book a demo with our experts and see how Proseadure can benefit your business.

Frequently Asked Questions (FAQ) – MRV Compliance

1. What is MRV? MRV refers to the requirement of monitoring, reporting, and verifying fuel consumption and carbon emissions for vessels in the maritime industry. It is an essential step towards achieving sustainability goals and meeting regulatory requirements.
2. Which ships are in the scope of EU MRV? The MRV Maritime regulation applies to 5000 gross tonnage ships and above, regardless of their flag, that carry passengers or cargo for commercial purposes to or from EU ports. A limited category of ships is excluded such as warships, naval auxiliaries, fishing ships, ships not propelled by mechanical means and government ships used for non-commercial purposes. In addition, as of 1 January 2025, the regulation will also apply to offshore ships and general cargo ships of above 400 gross tonnage.
3. Which emissions do I need to report on for MVR compliance? The EU MVR regulation requires reporting on carbon dioxide (CO2).
4. Who is responsible for MVR compliance? The owner or ISM company is responsible for EU MRV compliance.
5. When are my voyages subjected to the EU MRV regulation? Voyages that have at least one of the two ports that are called must be located in EU territory. Only ports where cargo and/or passengers are loaded or unloaded are considered ports of call. Hence, emissions released during stops for repairs, drydocking, relieving the crew etc. are included if the previous or next port of call is an EEA port. Emissions released at berth, within an EEA port of call must also be reported.
6. Which EU ports fall under the MVR regulation? ports located in EU territory (e.g. where EU law applies) including Norway (except Scarbald) and Iceland. EEA member states overseas which do not qualify as ports of call under EU MVR are Aruba, Bonaire, Curaçao, French Polynesia, French Southern and Antarctic Territories, Greenland, New Caledonia, Saba, Saint Barthélémy, Saint Pierre and Miquelon, Sint Eustatius, Sint Maarten, Wallis and Futuna.
7. What is Thetis-MRV? THETIS-MRV is the EU MRV system to report CO2 emissions from ships, it is also used to submit the information to the third-party verifier.
8. When do I need to submit my MRV data? The reporting period is from the 1st of January till the 31st of December each year. By the 30th of April the following year companies need to submit their verified emissions report to the EU commission and to the flag states that are mentioned in the report. Therefore, it is recommended to submit your MVR emissions report to your verifier no later than the 31st of March.
9. How does Proseadure ensure MRV compliance? Proseadure offers a complete solution for MRV compliance. It allows you to accurately measure and report your fleet’s carbon footprint, ensuring transparency and accountability. The software supports various compliance standards, such as CII, EU FUEL, and EU ETS, making it easier for your company to meet reporting requirements efficiently.
10. How can I get started with Proseadure? Getting started with Proseadure is easy. Simply contact us for more information or to schedule a demo. Our team of experts will guide you through the onboarding process and show you how Proseadure can benefit your fleet management efforts.