Verification of documents necessary to comply with the EU Emissions Trading System
How to ensure compliance with EU ETS regulations
What is MRV?
MRV stands for Monitoring, Reporting, and Verification. It is a mandatory system established by the European Commission to monitor greenhouse gas (GHG) emissions from ships. The system applies to ships of 5,000 GT and above, regardless of their flag, that call at EU ports for commercial purposes. Starting from 1 January 2025, the regulation will also apply to general cargo ships and offshore ships of 400 GT and above.
What does EU ETS mean?
The EU Emissions Trading System (ETS) is a “cap-and-trade” system established to promote reductions in GHG emissions (Directive 2003/87/EC). The “cap” represents the total amount of GHG allowed by the system, which is reduced annually to align with the EU's climate target.
The system currently applies to electricity and heat generation, energy-intensive industry sectors, aviation, and maritime transport.
How is the EU ETS applicable to maritime transport?
The revised EU ETS (Directive EU 2023/959) includes maritime transport, covering ships of 5,000 GT and above from 1 January 2024 and offshore ships of 5,000 GT and above from 1 January 2027, regardless of their flag. The system covers:
- 100% of the emissions from voyages between EU ports and within EU ports.
- 50% of emissions from voyages that either depart from EU ports and arrive at non-EU ports or depart from non-EU ports and arrive at EU ports.
Emissions within and from voyages to/from Norwegian and Icelandic ports will be considered at 100% once the revised ETS Directive is included in the EEA Agreement and implemented in national laws.
What we offer
- MRV Monitoring Plan Verification for ETS and Fuel EU Maritime (FEUM)
- Verification of emission report at both ship and company level, as well as DoC
- Verification of FEUM report calculations and DoC, in the absence of penalties
- Approval of FEUM banking and borrowing
- Approval of FEUM pool
Key benefits
- RINA is accredited by ACCREDIA (The Italian Accreditation System) and ESYD (The Hellenic Accreditation System) to perform verifications for MRV Monitoring Plan Verification (ETS), emission reports at ship level and company level, and DoC.
- RINA has a strong global presence, with offices and operations in many countries worldwide.
- RINA has a strong reputation in the marine industry and a long history of providing high-quality services to clients.
