Fueltrax earns EU and IMO vessel tracking certification by Verifavia

January 28, 2020

HOUSTON - Verifavia Shipping has certified FUELTRAX, against the European Union’s (EU) Monitoring Reporting and Verification (MRV) regulation requirements and IMO Data Collection System (DCS).  The  EU  MRV  regulation  requires  ships  of  5,000  gross  tonnages  or  higher  to  collect  data  from  previous  years to monitor CO₂ emissions, fuel consumption, and other parameters, such as distance traveled, time at sea, and cargo carried on a per voyage basis. This data is used to compile annual data into an emissions report submitted to an accredited MRV shipping verifier. FUELTRAX is pleased to be able to offer this reporting, which helps save our client’s time by providing the essential tools to assist in verifying that they are meeting the regulatory needs of EU MRV and IMO DCS.  Reports will be  generated  by  FUELTRAX  teams  using  data  collected  via  FUELTRAX  EFMS  on  board.  IMO DCS data that we provide is the totalized fuel consumption for the entire year as required for reporting per the regulation. As FUELTRAX continuously collects an independent GPS signal, EU MRV data can be provided per voyage between EU ports as required.

Nicolas Duchêne, COO & VP technical, Verifavia Shipping, said: “Ship owners  and  operators  need  confidence  in  the  system  they  choose  to  review  their  fuel  data  and  FUELTRAX is a system which optimizes fleet-wide reporting while minimizing resource and costs. Verifavia’s specialist team uses its extensive experience to provide an independent and efficient certification service. We know that certification provides our customers with third-party verified assurance that the systems meet the highest standards in emissions monitoring and reporting.”

John Donovan, VP operations, FUELTRAX, said: “In a post-2020 world every drop of fuel matters.  Early adopters who have already been using FUELTRAX are ahead of the curve as our system possesses multiple control measures to mitigate the rising cost of fuel. We are so excited to now offer compiling and generating of MRV and IMO DCS reporting to help fleets collect this additional data for IMO 2020 compliance and for their own carbon output analysis.”

Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.