NEDA Maritime Agency Co.Ltd has undergone a pre-verification GAP-Analysis audit by Verifavia Shipping to ensure the company is compliant with the European Union’s Monitoring, Reporting and Verification (MRV) regulation.
The EU’s MRV regulation, which came into force on July 1, 2015 will require from 2018 onwards all ships over 5,000 GT calling at EU ports to collect and publish verified annual data on CO2emissions. They will also be required to carry a document of compliance issued by an accredited MRV verifier.
NEDA has reportedly implemented a monitoring plan to generate emissions reports for the tankers in its fleet, enabling it to report its CO2 emissions in accordance with the new rules. Verifavia Shipping and NEDA have worked closely together over three months to collect data, perform calculation complete emissions report templates and ensure that the company closes the gap between the data already collected and what will be required to process and report to ensure MRV compliance.
This pre-verification analysis works by identifying compliance and system design issues, enabling ship owners to make corrections before enforcement begins in 2018.As part of the audit, Verifavia Shipping assesses the existing data accounting procedures and systems against the requirements of the Shipping MRV Regulation to identify any potential issues and non-compliance. Verifavia Shipping also reviews each company’s voyages, fuel and cargo data collection, transmission and transformation procedures, and performs detailed analysis of carbon emissions and activity data.
Panos Deligiannis, Tankers Technical Manager, NEDA Maritime Agency, said: “Working with Verifavia has put the NEDA procedures into shape, completing the pre-verification GAP-Analysis for MRV purposes and demonstrating the employment of best practice for energy efficiency and conservation throughout our fleet. Continuous improvement of our processes and procedures for data collection will ensure accurate and effective compliance with MRV regulations. We are now confident that we have the systems, capabilities and understanding to roll this out across our entire fleet.”
NEDA is currently one of five shipping companies to have asked emissions verification specialist Verifavia to test their data accounting procedures against the requirements of the EU’s MRV rules.
