Seaspan partners with DNV GL for EU-MRV Verification

Houston, Texas, Aug. 02, 2017 (GLOBE NEWSWIRE) — EU-MRV regulation aims to quantify and reduce CO₂ emissions from shipping while creating a new method for benchmarking. Due to the global nature of the maritime business, most vessels will trade in European waters. To prepare, ship owners with a global operation must act by January 2018.

“We have all the data necessary for verification in our Fleet Performance System; the fully digital approach of DNV GL allows for our existing data streams to connect directly into DNV GL’s MRV Engine to be managed automatically,” said Ian Robinson, Projects & Technology Director at Seaspan. “This approach improves efficiency and performance, while technology does the heavy lifting of reporting.”

Maintaining high levels of data quality is a key challenge and essential throughout the verification process. Connecting quality data delivers accurate results without a lot of added manpower. To ensure this happens, DNV GL continuously monitors the flow of information with the new ECO Insight data quality module, which Seaspan is subscribed to. This module checks incoming data from vessels and allows for immediate corrective action, if needed. The module also supports the incoming IMO-DCS scheme, which comes into force one-year after the EU-MRV scheme.

“We are very pleased with the opportunity to partner with Seaspan. Their vision for the future and willingness to adapt to a modern verification approach is highly regarded,” comments Nick Roper, DNV GL’s VP of Business Development, Region Americas. He continued, “Seaspan’s addition of 109 vessels to the existing fleet of several thousand vessels in the DNV GL EU-MRV verification platform is a clear sign of the digital transformation that is taking shape globally in the maritime industry. It is exciting to witness this while partnering with such dynamic companies, and to lead in digitalization.”

About the regulation
The EU-MRV regulation entered into force on 1 July 2015. It requires ship owners and operators to monitor, report and verify CO₂ emissions annually for vessels larger than 5,000 gross tonnage (GT) calling at any EU and EFTA (Norway and Iceland) port. Data collection takes place on a per voyage basis starting 1 January 2018. The aggregated ship emission and efficiency data will be published by the European Commission by 30 June 2019, and annually thereafter.

DNV GL supports compliance through a digital, data-driven, approach to verification. The creation of monitoring plans, which are due 31 August, 2017, are supported by the MRV Plan Generator app. This app is available and part of DNV GL’s customer portal – My DNV GL.

Verification of annual emission reports are done digitally by connecting a customer’s data collection to through a simple and standard interface.

About DNV GL
DNV GL is the world’s leading classification society and a recognized advisor for the maritime industry. We enhance safety, quality, energy efficiency, and environmental performance of the global shipping industry – across all vessel types and offshore structures. We invest heavily in research and development to find solutions, together with the industry, that address strategic, operational or regulatory challenges.

About Seaspan Corporation
Seaspan provides many of the world’s major shipping lines with creative outsourcing alternatives to vessel ownership by offering long-term leases on large, modern containerships combined with industry leading ship management services. Seaspan’s managed fleet consists of 114 containerships representing a total capacity of over 915,000 TEU, including 9 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2018. Seaspan’s current operating fleet of 105 vessels has an average age of approximately six years and average remaining lease period of approximately four years, on a TEU weighted basis.

Rachel Carmichael
DNV GL
(832) 776-6028
rachel.carmichael@dnvgl.com