The EU requires ship-specific monitoring plans to be in place by 31st August,, 2017, including being MRV compliant for monitoring, reporting and verification.
Through AWT, StormGeo has been collecting data, monitoring data and reporting data on fuel consumption and emissions for over 20 years. More than 60,000 voyages utilised StormGeo’s methods of collecting and reporting data in 2016.
According to Michael O’Brien, the company’s business development manager; “StormGeo is in the unique position to leverage decades of AWT’s vessel data collection and reporting to ensure seamless compliance for all facets of the EU MRV regulation. Understanding the importance of MRV compliance, we became certified as an EU MRV provider to give shipowners and managers peace of mind when relying upon our systems.”
StormGeo’s fleet performance solution, FleetDSS MRV, incorporates a service level that was created in response to the EU regulations demanding that ships accurately measure their CO2 output. FleetDSS MRV provides a tool to help create monitoring plans, view leg-by-leg voyage reports, as well as annual emissions reports.
In addition, the required reports are sent directly to a verification entity. The system includes tools to understand fuel consumption as it relates to performance speed. This gives additional insight into each fleet beyond the MRV regulations.
StormGeo’s higher level of service, FleetDSS Analytics, provides technical analysis capabilities that enables a user to analyse the performance of a vessel, to compare it to benchmarks, as well as to other vessels. The performance can be analysed with KPIs and graphs and tables to make the best decisions to improve overall performance.
This level of FleetDSS has all the key metrics for each vessel to proactively manage fuel efficiency and vessel performance, the company claimed.