On 1^st July 2015 Regulation (EU) 2015/757 on the monitoring, reporting and verification of CO₂ emissions from shipping came into force, the aim of which is to gather reliable information on such emissions from the sector within the EU.

The regulation applies to ships greater than 5,000 GT undertaking one or more commercial voyages into, out of, or between EU ports regardless of a ship’s flag. It requires per-voyage monitoring of emissions and annual disclosure of aggregated data on a ship basis.

Each Company must produce a monitoring plan by 31 August 2017. The monitoring plan must be reviewed and approved before the monitoring period commences on 1^st January 2018.

Following the completion of each calendar year, each company must submit their emissions report for verification.

Companies therefore need to start considering the methodology that they will follow to fulfil their monitoring, reporting and verification obligations, and adapt their existing procedures to ensure they have a robust system for collecting and reporting their emissions.

Need help preparing your monitoring plan? Your monitoring and reporting procedures? Or preparations for verification? Contact us.