D’Amico gets entire 71 vessel fleet MRV compliant

MRV regulations require all ships destined for European ports must have verified monitoring plan by end of July

Italian shipowner d’Amico Group has had its entire fleet of 71 vessels verified under the EU rules for monitoring and reporting CO2 emissions.

The EU MRV regulations require that all vessels over 5,000 gt calling at European ports following January 1 next year must record CO2 emissions and report them annually. The data must be verified by an approved body, which for d’Amico was the Italian class society RINA.

Additionally, all vessels are required to have a monitoring plan in place by the end of July this year, which also needs to be verified.

The European MRV is part of the region’s long term strategy to reduce overall greenhouse gas emissions. It remains undecided what the collated data will be used for, but there remains a proposal for shipping to be brought into the next iteration of Europe’s emission trading scheme, or for a fund to be created to allow investment in maritime GHG abatement technologies.

In a statement, Salvatore d’Amico, Fleet Director of d’Amico Group said that his company created a fleet performance monitoring department more than five years ago. “We were among the first ones in Europe to do so and this allowed us to gain a significant competitive advantage on MRV compliance. We recognised the environmental and commercial benefits of meeting the new regulations and we are pleased to have worked with RINA on this initiative”.

Fathom-News