Emissions reporting
ABS releases guide for shipping firms to annually comply with revised EU ETS directive
Brief provides a timeline of steps necessary to annually comply with EU requirements on emissions reporting and the surrender of emissions allowances, amongst others.

Published
2 months agoon
By
Admin
Classification society ABS on Saturday (30 September) released a regulatory news brief on the revision of EU ETS directive which entered into force on 5 June 2023, for the inclusion of maritime transport activities in the EU Emissions Trading System.
The brief provides a timeline of steps necessary to annually comply with EU requirements on emissions reporting and the surrender of emissions allowances:
INTRODUCTION
The revision of the EU ETS Directive entered into force on 5 June 2023.
Implementation for the maritime industry will begin on:
- 1 January 2024, for cargo and passenger ships of 5000 GT and above; and
- 1 January 2027, for offshore ships of 5000 GT and above.
To facilitate compliance with the new directive, this Regulatory News is intended to provide operators and shipping companies with the necessary guidance.
AMENDMENTS TO REGULATION (EU) 2015/757 – EU MRV
The extension of EU ETS Directive to maritime transport requires additional reporting requirements. This was facilitated by Regulation (EU) 2023/957, amending Regulation (EU) 2015/757 which was published in the European Journal on 10 May 2023. The ABS Regulatory News 10/2023 explains the amendments to the EU MRV Regulation.
MONITORING
- By 1 October 2023, the European Commission (EC) shall adopt delegated acts for the inclusion of
- CH4 and N2O emissions and the greenhouse gas (GHG) emissions from offshore ships.
- Additional delegated acts shall be adopted for the monitoring and reporting of the aggregated
- emissions data at company level and the submission to the administering authority.
- By 31 December 2023 or the soonest possible before 1 April 2024, shipping companies should
- submit to ABS through the THETIS-MRV platform the updated monitoring plans (MPs) according to the EC delegated and implementing acts for each of their ships.
- By 1 April 2024, shipping companies shall for each of their ships submit to their responsible
- administering authority an MP that has been assessed by the verifier.
- By 6 June 2025, the responsible administering authority shall approve the MP based on the assessment of the verifier.
For applicable ships which have not previously been subject to the requirements of Regulation (EU) n2015/757 prior to 1 January 2024, the shipping company will be required to submit an MP to their administering authority within three months of the ship’s first call in a port of an EU member State. The administering authority shall approve it within four months.
REPORTING
- From 1 January 2024, shipping companies shall monitor and report emissions for cargo and passenger ships of 5000 GT and above in accordance with the revised MP.
- From 1 January 2025, companies shall monitor and report emissions for the following additional vessel types:
- Offshore ships of 5000 GT and above
- Offshore ships and general cargo ships below 5000 GT but not below 400 GT.
- From 31 March 2025 and each year after, companies shall, for each ship under their responsibility, submit to their administering authority, flag states concerned and the European Commission, an emissions report for the entire monitoring period of the previous year which has been verified as satisfactory by their verifier. For the monitoring period of 2023, the deadline for submission of the emissions report remains 30 April 2024.
- From 31 March 2025 and each year after, shipping companies shall submit to their administering authority a verified emissions report at company level (aggregated emissions data under ETS).
Shipping companies must continue reporting their greenhouse gas emissions through the existing THETISMRV platform.
The administering authority may request companies to submit their verified emissions reports and the aggregated emissions data at company level prior to 31st of March, but not earlier than 28th of February of each year.

EU ETS DIRECTIVE APPLICATION
The EU Directive 2023/959 (amending Directive 2003/87/EC) will apply:
▪ From 1 January 2024 to cargo and passenger ships of 5000 GT and above.
▪ From 1 January 2027 to offshore ships of 5000 GT and above
CONTAINER TRANSHIPMENT PORTS
By 31 December 2023, the European Commission shall establish a list of container transhipment ports by
means of implementing acts. Stops of containerships in neighboring container transhipment ports are not considered a port of call for the purpose of minimizing the risk of evasive behavior.
Note: The full version of ABS Regulatory News on the ‘Revision of the EU ETS Directive- Timeline for Compliance’ can be viewed here.
Photo credit: william william on Unsplash
Published: 2 October, 2023
Decarbonisation
DNV: Preparing for the EU ETS – next steps
Ship owners and managers should make an agreement on who assumes the responsibilities for the EU MRV and EU ETS and to provide an updated Monitoring Plan to the verifiers, says DNV.

Published
1 week agoon
November 21, 2023By
Admin
Classification society DNV on Friday (17 November) released a statutory news for cargo and passenger ships above 5,000 GT sailing in the EU on the upcoming Emission Trading System:
Background
The EU amended the Emission Trading System (EU ETS) Directive to include shipping from 1 January 2024. The monitoring, reporting and verification requirements detailed in the EU MRV regulation have also been revised to support the EU ETS.
The European Commission (EC) is now in the process of developing implementation and delegation regulations providing more details, and DNV will communicate these in due course.
This news provides an update on the options for the responsible shipping company, as well as other relevant technical, operational and commercial matters when preparing for ETS. Please make sure to visit our revamped EU ETS topic page with a comprehensive FAQ section providing you with even more clarity and guidance on these critical topics.
Shipping company responsible for the EU ETS and EU MRV
The EC has adopted an implementing regulation detailing which company is responsible for monitoring and reporting greenhouse gas (GHG) emissions and surrendering emission allowances. The default responsible entity is the registered owner, also if the ship is on a bareboat charter. The responsibility can be shifted to the technical manager – i.e. the ISM company – only by an agreement between the registered owner and the ISM company explicitly stating the delegation.
The company responsible for monitoring and reporting under the MRV regulation must be the same as the company responsible under the ETS directive for surrendering emission allowances. However, the practical aspects related to monitoring and reporting – such as developing a monitoring plan, implementation, and developing emissions reports – can still be performed by technical management companies.
Options for managing the responsibility and practical aspects related to the EU MRV and EU ETS
There are basically three options for managing the responsibility and practical aspects related to the EU MRV and EU ETS:
1. The registered owner takes on the responsibility for compliance with the MRV and ETS and establishes its own monitoring system
The owner company should provide its Administering Authority (AA – see below) with a list of ships for which it assumes responsibility with the MRV and ETS obligations. The registered owner must establish its own monitoring system, develop a Monitoring Plan, have it assessed by a verifier, and submit it to the AA by 1 April 2024.
2. The registered owner takes on the responsibility for compliance with the MRV and ETS but delegates the practical monitoring to the ISM company
The owner company provides its AA with a list of ships for which it assumes responsibility with the MRV and ETS obligations. The ISM company can continue with the monitoring and reporting as today, but the Monitoring Plan must be updated referring to the owner as the responsible entity.
The ISM company will implement the Monitoring Plan and provide the emissions reports for the registered owner. It is still not decided if it will be possible for the ISM company to submit the plans and reports in Thetis MRV on the owner’s behalf.
3. The registered owner delegates the responsibility for compliance with the MRV and ETS to the ISM manager
The registered owner company and ISM company must sign a document clearly indicating that the ISM company has been mandated by the shipowner to comply with the MRV and ETS obligations. The ISM company may be mandated by several owner companies, but it remains a single shipping company responsible for the combined fleet under the MRV and ETS. Under this option, the existing Monitoring Plan can be continued, provided it is extended with the required additional elements required by the updated Monitoring Plan template (see below).
Shipowners and ship managers should make an agreement on who assumes the responsibility for the EU MRV and EU ETS, and update any documentation as needed.
Administering Authority (AA)
Each company, whether it is the registered owner or ISM company, will be assigned to an AA of an EU/EEA member state. Companies registered in an EU/EEA country will be assigned to the AA of that country. Companies registered outside the EU/EEA will be assigned to the AA of the country where their ships had the most port calls the last four years. The EC will provide a list of companies and their respective AA by 1 February 2024.
Each shipping company responsible for one or more ships under ETS needs to apply for a Maritime Operator Holding Account with its AA, within 40 days after the list is published by the EC. The practicalities related to this will vary between different AAs. The AA is then required to open the account within an additional 40 working days.
The documentation requirements for opening an account are common for all AAs and include:
• General info about the legal entity (e.g., name, address, contact person)
• If the company is the registered owner: a list of ships for which the company assumes control
• If the account holder is part of a group: a document clearly identifying the structure of the group (certified true copy required).
The AA may also ask for a document proving:
• Registration of the legal entity, its bank account details and confirmation of VAT registration
• Name, date of birth and nationality of the legal entity’s beneficial owner, including the type of ownership or control they are exercising
• A copy of the instruments establishing the legal entity
• A copy of the annual report or of the latest audited financial statements, or if no audited financial statements are available, a copy of the financial statements stamped by the tax office or the financial director.
Companies, who know which AA they will be assigned to, should apply for a Maritime Operator Holding Account as soon as possible.
Change of company and partial emissions reports
In case of change of company (i.e., either the registered owner or the ISM company), the MRV regulation requires that a partial emissions report is verified and submitted in the Thetis MRV no later than three months after the change. This ensures that both the previous and the next companies can submit a company level emissions report containing the emissions for which each company was liable for surrendering allowances for under the ETS in the reporting period. The need for a partial emissions report strictly follows from the responsible company, either the registered owner or the ISM company. In case the owner has assumed the responsibility, a change in the ISM company will not trigger the need for a partial emissions report. If the responsibility is delegated to the ISM company and the ship changes owner, it will depend on whether the new owner delegates the responsibility to the same ISM company. If the new owner assumes the responsibility itself, or a new ISM company takes over the responsibility, a partial emissions report is required.
Update of Monitoring Plan
An updated Monitoring Plan assessed to be in conformity by a verifier must be submitted to the AA by 1 April 2024. Regardless of which AA the company is assigned to, the submission of Monitoring Plans and emissions reports is performed through Thetis MRV.
The Monitoring Plan has been expanded to reflect the additional obligations under the MRV and ETS. The new plan template covers, among other smaller adjustments:
- Emission factors for CH4 and N2O, in addition to CO2
- Procedures related to determining the emission factors for biofuels, RFNBOs (renewable fuels of non-biological origin) and RCFs (recycled carbon fuels)
- Emission source class and slippage coefficient values for LNG-fuelled ships
- Detailed information on the shipping company
- Information on application of carbon capture and storage technologies
- Procedures covering data flow activities and risk assessment.
The figure on the following page summarizes the EU MRV/ ETS milestones as discussed in this news.
MRV/ETS requirements timeline

DNV recommends that companies establish or update their Monitoring Plans and submit them for assessment as soon as possible. Conveniently, the revised MRV Monitoring Plan online form from DNV is now available in Fleet Status on Veracity to support the preparation, with information from the previous plan revision readily available. Validation rules and info boxes will guide you to ensure all updated tables are filled in and the plan is ready to be submitted.
Recommendations
Ship owners and managers should make an agreement on who assumes the responsibilities for the EU MRV and EU ETS and to provide an updated Monitoring Plan to the verifiers. For DNV customers, the revised MRV Monitoring Plan online form is available in Fleet Status on Veracity. AAs should be updated on the ships as soon as it is clear which AA each company is assigned to. DNV recommends that companies, who know which AA they will be assigned to, apply for a Maritime Operator Holding Account as soon possible.
AAs should be updated on the ships as soon as it is clear which AA each company is assigned to. DNV recommends that companies, who know which AA they will be assigned to, apply for a Maritime Operator Holding Account as soon possible.
Photo credit: CHUTTERSNAP on Unsplash
Published: 21 November, 2023
Emissions reporting
RightSip achieves milestone with first employment of emissions-tracking tech in Japan
Firm said its emissions-tracking technology Maritime Emissions Portal has been employed for the first time in Japan by Port of Yokohama; technology calculates 16 key air emissions from vessels.

Published
2 weeks agoon
November 17, 2023By
Admin
Australia-based digital maritime platform RightShip on Wednesday (15 November) said its emissions-tracking technology Maritime Emissions Portal (MEP) has been employed for the first time in Japan by the Port of Yokohama.
“Yokohama has long been a pioneering and forward-looking port, and, in 2021, it announced its intention to become carbon neutral and to contribute to a global Green Shipping Corridor. MEP is the ideal solution for this mission,” RightShip said on its website.
Rightship said the MEP is a tool that calculates 16 key air emissions from vessels, using Automatic Identification System (AIS) data and innovative heatmapping technology to give ports a comprehensive view of the environmental impact of shipping within port boundaries and in the surrounding areas.
“With an intuitive workflow, MEP enables ports to develop effective decarbonisation strategies and track their impact over time. Crucially, it also enables ports like Yokohama to benchmark environmental performance, identify best practices, and collaborate with potential partners to achieve the common goal of a Green Shipping Corridor,” it added.
“We are excited to work with the Port of Yokohama, and to contribute to the decarbonisation of Japanese ports and shipping worldwide.”
Photo credit: Joedith Lego on Unsplash
Published: 17 November, 2023
Digital platform
ZeroNorth consolidates existing bunkering business following acquisitions
ZeroNorth Bunker will consolidate its 13 existing product offerings into six core products spanning Bunker Planning, Bunker Procurement, Bunker Supply and Trading, Bunker Pricing and e-BDN solutions.

Published
2 weeks agoon
November 15, 2023By
Admin
Marine technology company ZeroNorth on Tuesday (14 November) announced that it is consolidating its existing bunkering business under the ZeroNorth brand, to offer faster value delivery for customers, and driving enhanced data-driven insights, additional fuel savings, improved profit margins and emissions reduction.
ZeroNorth said it recognised the importance of digitisation across the entire bunker value chain to accelerate the decarbonisation of the shipping industry.
“To this end, the past 18 months have seen ZeroNorth invest heavily in the bunkering space, acquiring Clearlynx, Prosmar Bunkering and BTS to serve all parts of the market. The integration into ZeroNorth Bunker will see one unified team come together under a single brand, creating synergies across the different solutions to enable faster release of new features that respond to market needs,” it said in a statement shared with Singapore-based bunkering publication Manifold Times.
ZeroNorth Bunker is consolidating the company’s 13 existing product offerings into six core products spanning Bunker Planning, Bunker Procurement, Bunker Supply and Trading, Bunker Pricing and electronic bunker delivery notes (e-BDN) solutions.
“These solutions will facilitate data-driven decisions for customers, with this integrated approach bringing transparency and continuity to customers’ bunkering processes and delivering an enhanced user experience,” the firm added.
Kenneth Juhls, Managing Director for ZeroNorth Bunker at ZeroNorth, said: “Leveraging real-time market insights and with 50 million tonnes of bunkers already traded annually on the platform, we take pride at ZeroNorth in our ability to drive positive change in the bunkering industry. This includes accelerating digitalisation and transparency in the sector, which ultimately contributes towards our customers’ decarbonisation and commercial goals.”
The firm added ZeroNorth Bunker turns millions of live data points into actionable recommendations by optimising the bunkering process.
“More robust insights will be generated for customers through this integrated approach, as more data is being interpreted which will in time enable the data flywheel effect, delivering a positive feedback loop.”
“The platform will be able to deliver deeper, more granular insights into bunker optimisation, reducing fuel consumption and associated costs and emissions for customers, driving benefit for both profit and planet.”
Manifold Times previously reported ZeroNorth acquiring BTS PTE Ltd., a software platform for marine fuel suppliers, headquartered in Singapore.
The deal saw ZeroNorth acquiring BTS’s flagship suite of services - iBMS (Intelligent Bunker Management System) - which is software specially tailored for the marine fuel supply chain.
iBMS was one of the first projects supported by the Maritime and Port Authority of Singapore (MPA) under the Maritime Innovation and Technology Fund (MINT) in the early 2000s.
BTS is currently one of the three digital solution providers in MPA’s current list of approved digital bunkering solutions. MPA launched its digital bunkering initiative on 1 November 2023, becoming the first port in the world to implement e-BDN.
Last year, ZeroNorth launched ZeroNorth Bunker, an integrated solution for bunker planning, procurement, and analytics services. The firm said ZeroNorth Bunker enabled data-driven decision-making across a transparent marine fuel value chain.
Related: Singapore set to become first port in the world to debut electronic bunker delivery notes
Related: MPA Chief Executive: Port of Singapore begins digital bunkering initiative today
Related: ZeroNorth acquires Singapore’s bunker supplier software provider BTS
Related: ZeroNorth acquires Prosmar Bunker Dashboard solution and Bunker Pricer module
Related: ZeroNorth acquires US-based bunker market platform ClearLynx
Related: ZeroNorth unveils ZeroNorth Bunker for bunker planning, procurement, and analytics
Related: ZeroNorth opens new office in Singapore to expand in Asia
Photo credit: ZeroNorth
Published: 15 November, 2023

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