Verifavia has independently verified SetelHellas’ SeeMBox-V MRV ICT Solution which can assist shipping companies with regulatory compliance with the European Union’s Monitoring, Reporting and Verification (MRV) by aggregating data.
As of 2018, ships over 5,000 gross tones that call at EU ports will be required to report their verified annual emissions and other relevant data under the MRV regulation. This will enable the EU to make data publically available for over 10,000 ships.
Ship owners and operators only have until 2017 to prepare plans to monitor and report their emissions.
In order to comply with the regulation there are four acceptable fuel consumption monitoring methods: bunker fuel delivery note (BDN) and periodic stock-takes of fuel tanks; bunker fuel
tank monitoring on board; flow meters for applicable combustion processes and direct emissions measurements.
The SeeMBox-V MRV Solution is compliant with all four methods, enabling ship owners to monitor all vessel types within the fleet with a single integrated tool. It accommodates both manual and online data entry to monitor operational data per voyage, conduct data quality checks and validations, and generate annual reports on a per vessel basis.
Verifavia carried out a thorough review of the SeeMBox-V MRV Solution against the regulation, using ISO standards 25051 on software engineering and 17065 on product certification and concluding that it is a robust system that will provide accurate and transparent data reporting.
George Marinakis, Managing Director, SetelHellas, commented: “Early MRV certification from experienced, independent verifier Verifavia Shipping is testament to our technology leadership position. We are committed to digital innovation and helping our customers to cope efficiently with the challenges of today, while also effectively preparing them to manage those that lie ahead. Our SeeMBox-V MRV Solution is a fantastic example of this, optimising fleet-wide reporting for compliance while minimising effort, resource and costs.”
