CO2 emissions and fuel consumption monitoring.

CO2 emissions and fuel consumption monitoring.

Helping you comply with EU MRV and IMO DCS regulations

A V ITAL M E ASURE

Addressing the challenge of reducing global shipping’s carbon footprint.

Shipping is the most efficient commercial mode of transport, but, as an industry, we have a responsibility to help reduce global carbon dioxide (CO2) emissions.

Our current contribution to total world greenhouse gas emissions is around 3%. That may not sound like much, but in terms of environmental impact it’s the equivalent of a major developed economy – and the International Maritime Organisation’s (IMOs) Third Greenhouse Gas Study showed that this figure is expected to grow by up to 250% by 2050.

The European Union (EU) and IMO have each introduced their own regulations to drive forward the process of reducing CO2 emissions from shipping. Both the EU’s monitoring, reporting and verification (MRV) regulation and the IMO data collection system (DCS) are based on collecting and analysing fuel consumption data; however, there are important differences in the types of information you need to collect, the submission deadlines and the responsible authorities.

MRV applies only to ships trading into, out of and between EU ports (including Norway and Iceland), while DCS is mandatory to ships trading worldwide. You may potentially only need to comply with one regulation, it is however more likely you will need to comply with both to maintain your licence to operate.

A VITAL MEASURE

Entered into force

EU MRV for CO2 emissions

IMO DCS for fuel consumption

July 2015

March 2018

First monitoring period 2018

2019

Application

Ships of 5,000 GT and above on commercial voyages into, out of and between EU ports

Ships of 5,000 GT and above on international voyages

Monitoring plan

Yes – standard template

Included in SEEMP Part II

Key parameters

Fuel and CO2 actual cargo port

Reports to

European Commission

Flag state

Verification by

Third-party independent accredited verifier

Flag state / Recognised Organisation (RO)

Disclosure

Public

Confidential

ASSURING COMPLIANCE

Distance time at sea and in port

LR'S CO2 VERIFIER SERVICE

Fuel design dwt

OUR WIDER CAPABILITY

Distance hours underway

A SS U R IN G COM PL IA NCE

Regulatory compliance against MRV and DCS requirements.

Although complying with the MRV and DCS regulations is mandatory, and there is guidance on how the required data should be collected, managed and reported, neither scheme specifies exactly how you should achieve compliance. It’s up to you as a shipowner or operator to determine which method you use to measure the fuel consumption and CO2 emissions for each ship in your fleet.

With both regulations running on different timelines and taking differing approaches, you need to provide a monitoring plan for the MRV regulation and a SEEMP Part II for the DCS regulation. Where it’s practical and you decide it’s the best option for your business, our software will help

A VITAL MEASURE

ASSURING COMPLIANCE

LR'S CO2 VERIFIER SERVICE

you streamline your approach to minimise the effort involved in developing and maintaining two plans.

However, our flexible approach also allows you to address them independently if it is logical to do so.

While the CO2 emissions and fuel oil consumption data reporting for MRV and DCS differ in terms of the content and the process of submission, our streamlined data exchange process for your compliance enables you to reduce the administrative burden. Additionally, our CO2 Verifier software gives visibility of your compliance status through structured access to plans, supporting data and certification.

OUR WIDER CAPABILITY

L R'S CO2 V E R IFIER S ER VICE

A simple, efficient and transparent verification.

With the MRV and DCS regulations now both in force, the key challenge for shipowners and operators is verification.

With these regulations being an operational necessity for applicable vessels LR understands that this could become an administrative burden for busy teams, as well as a significant overhead within your business. We have acted to address these issues through our service offering.

Our CO2 Verifier service is designed to make the verification process as straightforward, seamless and painless as possible. Requiring no specialist IT skills, it is easy to use and has been co-created within the industry by our innovation specialists, ensuring it meets your real-world needs. As well as enabling fast, secure and confidential document exchange, it provides at-a-glance reporting on your current submissions and status, and a direct link to our technical experts for information.

Meeting the requirements of both EU MRV and IMO DCS regulations, the CO2 Verifier enables fleet wide statutory verification to be carried out as applicable. Subject to flag state approval IMO DCS verification can be undertaken on both LR-Classed and non-LR Classed vessels.

A VITAL MEASURE

Designed and developed with you in mind This is a one stop solution to your compliance for both regulations offering you: • Safe and secure cloud-based application • One place to manage your fleet compliance • Streamlined data submission with quick multiple file uploads • Direct contact with technical experts • Quick turnaround after submission of information • Data submission to regulator • Access to compliance documents • Online user support CO2 Verifier – making your life easier We offer you: • Remote verification • Integration with your reporting system • Onboard access via the internet

ASSURING COMPLIANCE

Working with an open minded team, focused on the task at hand and the value we most require allowed this co-creation collaboration to deliver exactly what we envisioned in short time.

This is a true example of technology enabling agility. It’s very simple and easy to use and very focused on the MRV DCS verification service. Plus the onboard access is very useful.

Niels Hvid, Performance Management, TORM A/S

PACC Ship Managers Pte. Ltd, PLC Group

LR'S CO2 VERIFIER SERVICE

OUR WIDER CAPABILITY

How it works for you.

Key dates to remember: EU MRV

IMO

EU THETIS MRV

Document of Compliance

Document of Compliance

Certificate/Statement of Compliance

IMO DCS Data

EU MRV Data

Statement of Compliance

Appendix: • European Maritime Safety Agency (EMSA) • EU EMSA Port State Control inspection Database – THETIS • Fuel Oil Consumption Report (FOC Report)

LR CO2 Verifier

FOC Data

Document of Compliance

Certificate of Compliance

DCS data includes: SEEMP II FOC report Evidence pack of supporting documents

Flag

Emissons report

Emissons report

MRV data includes: Monitoring plan Evidence pack of supporting documents

KEY: EU MRV

A VITAL MEASURE

Fleet manager

IMO DCS

ASSURING COMPLIANCE

LR'S CO2 VERIFIER SERVICE

1 January - 31 December 2018:

First reporting period

1 January 2019:

Submission of emissions report starts

30 April 2019:

Emissions report verified and submitted to EC and Flag

30 June 2019:

Display Document of Compliance onboard and publication of emissions data by EC

IMO DCS 1 March 2018:

Chapter 4 of MARPOL Annex VI entered into force

31 December 2018:

SEEMP Part II assessed for compliance by Flag/RO. Certificate of Compliance issued

1 January - 31 December 2019:

First reporting period

1 January 2020:

Submission of FOC report starts

31 May 2020:

Flag/RO to issue Statement of Compliance on the FOC report

30 June 2020:

Verified FOC data transferred to IMO database

OUR WIDER CAPABILITY

Live updates. Real people

The power of co-creation

The CO2 Verifier is a powerful compliance management tool, allowing you to see at a glance what your status is and what needs doing, and ensure statutory documents are submitted on time.

The CO2 Verifier is a cloud-based application, which means you don’t need software installed on your ships or in your offices, and there are no separate licensing, maintenance, update, storage or security issues – they’re all handled at our end as part of our statutory verification services.

It’s based on a simple, intuitive dashboard interface that makes it easy to track the status of your monitoring plans and annual submissions for both MRV and DCS, removing any duplication of data.

You’ll receive an instant email notification when you submit a document or if the status of a live submission changes. Plus, you can set up your own automatic reminders and alerts, helping to ensure you never miss a vital deadline. The system lets you view your plans and submissions from previous years, as well as from the current monitoring period.

The dashboard requires a login, meaning you can be confident that your information is secure and confidential. As a ship or fleet manager, you can create additional accounts for your captains and other key personnel, as required.

Co-created with shipowners and operators, the CO2 Verifier requires no specialist IT knowledge or skills to use – if you can open a web browser or send an email, you can use this.

Also, because it’s the same software on board the ship, in your office and at LR, the system works seamlessly from data submission to certification, and can be easily scaled up or down to suit your fleet size. We can also provide an option to co-create more efficiently by connecting with your reporting system using the Application Programming Interface, so we can integrate your data with our system automatically if requested.

But the CO2 Verifier is more than just a technological solution: it also gives you direct, personal connections to our technical experts through a comment function that allows you to get quick answers to technical queries, or conduct more in-depth discussions with our specialists.

An end to site visits

Safe, secure, confidential

As well as enabling the submission of electronic data, our CO2 Verifier allows you to scan and upload paper documents, such as bunker delivery notes, for remote verification.

This removes the need for an assessor to carry out physical checks at your offices, saving you time and the unnecessary burden.

Both sets of regulations require you to submit commercially sensitive data for verification.

Our CO2 Verifier is a cloud-based portal that lets you upload your data directly in a wide range of formats, including Microsoft Excel spreadsheets, documents and images. We can also integrate it with your own third-party reporting software, allowing you to submit data at the click of a button.

It’s simple, fast, cost-effective and, crucially, far more secure than using emails.

The system is designed to handle mass uploads if you’re managing compliance for a large fleet; you can submit data in batches, which the software then sorts out and references automatically using your ships’ unique IMO numbers.

A VITAL MEASURE

ASSURING COMPLIANCE

LR'S CO2 VERIFIER SERVICE

OUR WIDER CAPABILITY

O U R W ID E R CA PA BIL ITY

One constant, wherever and whenever you need us.

LR’s network of 300 national and regional offices, spread across six operating areas, puts our customers around the world first, giving you access to our advice and expert service delivery from Ålesund to Zhoushan.

And, wherever you are, you can be confident that our entire team of over 8,000 specialists is never more than a phone call or email away.

A VITAL MEASURE

Adding value to every stage

Innovation

CAPEX assessment

Design

Build and commissioning

Operation

Life extension

Decommissioning and recycling

We are conducting world-class research and development into design, construction and operation for the next 20 years and beyond.

Before committing time and resources to developing your asset, you need to be sure it’s technically, commercially and financially feasible.

You also need accurate valuations for cashflow purposes, and to ensure the asset delivers the expected lifetime return.

At the design stage, our appraisal services and software give you confidence that your asset will comply with all class and statutory requirements.

At the build and commissioning stage, we help you ensure that assets are delivered to meet all contractual requirements.

In service, we help you keep your assets compliant, safe and performing reliably, enabling you to deliver business as usual and minimise downtime.

We can help you best manage the operational life of your assets. By assessing their condition, we provide you and your clients with assurance of their integrity.

We can also help you implement the latest technologies, and understand what return on investment to expect, so that you can increase performance and be more competitive in the market.

We can also work with you to extend the life of your assets.

At the end of your asset’s life, our services help you comply with recycling requirements and provide added confidence that you are conducting a safe and sustainable decommissioning process.

If you are developing novel technology, we can qualify its compliance and performance, helping you attract investment, prove your business case and find a route to market.

ASSURING COMPLIANCE

Our technical and financial specialists will help you identify operational benefits, potential risks and lifetime returns, and provide the clear, robust advice you need to make informed investment decisions.

We can also work with you to optimise your design so it achieves the best possible performance and return on investment.

LR'S CO2 VERIFIER SERVICE

We also help you make the right decisions when investing in designs and technologies.

OUR WIDER CAPABILITY

In line with your business needs, we can identify any remedial work or renovations that are required.

info.lr.org/MRV-DCS

September 2018 Except as permitted under current legislation no part of this work may be photocopied, stored in a retrieval system, published, performed in public, adapted, broadcast, transmitted, recorded or reproduced in any form or by any means, without the prior permission of the copyright owner.

Enquiries should be addressed to Lloyd’s Register, 71 Fenchurch Street, London, EC3M 4BS. © Lloyd’s Register 2018.

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