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DNV: How does EU ETS impact EU MRV reporting?

DNV expert Sven Dudszus shared insights on how the implementation of EU ETS will impact MRV reporting going forward, which will be revised to cover GHG emissions, ship types and sizes.
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Emissions for the EU Emission Trading System (EU ETS) will be reported and verified through the EU MRV system, which will be revised to cover GHG emissions, ship types and sizes. DNV expert Sven Dudszus shared insights on what these changes mean for the reporting process and compliance:

Can you give a brief overview of the current MRV (Monitoring, Reporting and Verification) reporting process and the challenges that still need to be addressed?

Currently, the EU MRV regulation applies to cargo and passenger ships above 5,000 GT operating in European Economic Area (EEA) waters. Since 2017, these vessels have been required to monitor and collect CO2 emissions data for EU-related voyages. The collected data is submitted as an Emission Report for verification to the European Commission by 30 April of the following year. One of the challenges faced by customers is ensuring the accuracy and quality of the data. At DNV, we have established digital reporting forms and automated data checks to address this challenge. This enables our customers to monitor their vessels’ data quality throughout the year and easily submit the Emission Report for verification. Our close collaboration with customers has made this process seamless for them.

How does the implementation of the EU Emission Trading System (ETS) impact MRV reporting going forward?

The implementation of EU ETS complements the existing EU MRV and UK MRV initiatives, forming a comprehensive decarbonization framework. Under the EU ETS, companies will be required to submit not only their vessels’ Emission Reports for verification but also a Company Emission Report summarizing their entire fleet’s performance. Additionally, managers will need to surrender greenhouse gas emission allowances to the administering authority. At DNV, we utilize the operational data received from our customers to create customized GHG reports to facilitate compliance with these new requirements.

Are there any key dates or numbers that are crucial in this change?

The deadline for the first Company EU MRV Emission Report submission to the Administering Authority is 31 March 2025. The deadline for surrendering allowances to the Administering Authority is 30 September 2025. 100% of GHG emissions will be considered for voyages or port stays within the EU. 50% of GHG emissions will be considered for voyages into or out of the EU. EU Allowances (EUAs) will be corresponding to 40% of the company emissions in 2024 and this percentage will gradually increase in subsequent years.

How can additional emissions impact compliance matters?

Including additional emissions would require companies to surrender more allowances to the Administering Authority. Failure to fulfil these requirements could result in liability for excess emissions with a penalty of 100 euros applicable per ton of CO2. Companies would still be obligated to surrender the required allowances. Non-compliance with the regulation for two or more consecutive periods may lead to denial of entry to the EU for all ships under the company’s responsibility.

What challenges do shipowners face and how can DNV support them in navigating these challenges?

Shipowners will face an expansion of the EU MRV scope which will include new greenhouse gases (N2O, CH4) starting in 2024. As of 2025, General Cargo and Offshore vessels above 400 GT will also be subject to the EU MRV Regulation. DNV’s digital solutions such as a plan generator, data quality checks, or system-to-system connection (API) have been developed to address these new regulatory requirements. Furthermore, we will continuously develop our digital GHG-related services and applications to assist our customers in initiating their decarbonization journey.

As the EU ETS changes approach, how important is preparation?

Preparation is crucial for companies to be ready to comply with the new regulations when they take effect. The first step is to register with an administering authority in the EU, as provided by the European Committee’s list. The second step is to submit an updated EU MRV Monitoring Plan to DNV once the revised regulations come into force. All applicable vessels must have a verified plan on board before the 2024 reporting period. To support our customers in meeting this deadline, we will release an update to our MRV Monitoring Plan Generator on our Fleet Portal. From 2024 onwards, we will develop various digital systems to aggregate fleet emissions and issue Company CO2 Emission Statements, which need to be submitted to administering authorities by 31 March.

About Sven Dudszus, Head of Environmental Technologies (GHG)

Sven Dudszus currently holds the position of Head of Environmental Technologies GHG at DNV in Hamburg, Germany. He manages an international team across different locations responsible for greenhouse gas-related services for the shipping industry such as EU MRV, UK MRV, IMO DCS, EU ETS, FuelEU, SEEMP III, CII and Fit for55.

 

Photo credit: Venti Views on Unsplash
Published: 16 June, 2023

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Winding up

Singapore: High Court to hear Norvic Shipping Asia winding up application on 31 July

Application for the winding up of Norvic Shipping Asia Pte Ltd was filed by Netherlands-registered Mur Shipping BV on 8 April, according to Government Gazette notice.
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July 22, 2026

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RESIZED singapore high court

An application for the winding up of Norvic Shipping Asia Pte Ltd was filed by Netherlands-registered Mur Shipping BV on 8 April, according to a Tuesday (21 July) notice on the Government Gazette.

It noted the winding up application is directed to be heard before the Judge sitting in the General Division of the High Court at 10am on 31 July.

Any creditor or contributory of the company desiring to support or oppose the making of an order on the winding up application may appear at the time of hearing by himself or his counsel for that purpose.

A copy of the winding up application will be furnished to any creditor or contributory of the company requiring the copy of the winding up application by the solicitors of the applicant’s, Oon & Bazul LLC, on payment of the regulated charge for the same.

The Applicant’s address is Hiridostraat 5, Gebouw Prismatrium, 1101CW Amsterdam, The Netherlands.

The Applicant’s solicitors are Oon & Bazul LLC of 103 Penang Rd, #04-04/05/06 Singapore 238467. 

Queries on the winding up application may be directed to the following email addresses: [email protected] and [email protected].

 

Photo credit: Manifold Times
Published: 22 July, 2026

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Methanol

World Fuel and partners complete first green methanol bunkering of car carrier in Shanghai

Operation involved the delivery of approximately 2,800 MT of green methanol to “Arctic Tern” via a ship-to-ship transfer using SIPG Energy’s dedicated methanol bunkering vessel “M/V Hai Gang Zhi Yuan”.
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July 22, 2026

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World Fuel and partners complete first green methanol bunkering of car carrier in Shanghai

Marine fuel provider World Fuel on Tuesday (21 July) said it successfully completed the first green methanol bunkering of M/V Arctic Tern, with EUKOR Car Carriers and SIPG Energy at the Port of Shanghai. 

Arctic Tern is the first vessel in the new Shaper Class series of car carriers. 

The operation involved the delivery of approximately 2,800 MT of green methanol to Arctic Tern via a ship-to-ship transfer using SIPG Energy’s dedicated methanol bunkering vessel M/V Hai Gang Zhi Yuan, the largest vessel of its kind in operation. 

The bunkering operation was carried out at Haitong Terminal, Waigaoqiao Port Area, Shanghai Port, with cargo handling operations conducted simultaneously during bunkering.

This marks EUKOR Car Carriers’ first green methanol operation and the first time Arctic Tern has bunkered methanol since its delivery on 9 July. The operation marked the first bunkering at Shanghai Port of green methanol produced locally in Shanghai for an international PCTC operator. 

It also demonstrated the city’s integrated green methanol value chain, spanning local production, storage and bunkering, and established a replicable “Shanghai Model” for green methanol supply.

World Fuel arranged the supply and delivery of the fuel on behalf of EUKOR Car Carriers, working with SIPG Energy as the physical supplier at the Port of Shanghai.

The green methanol supplied was produced from municipal solid waste, ISCC-EU certified, and had a carbon intensity value below 25 gCO₂e/MJ.

Arctic Tern is the first of fourteen Shaper Class vessels ordered by Wallenius Wilhelmsen. With a capacity of 9,300 car equivalent units and methanol dual-fuel capability, the vessel will be operated by EUKOR Car Carriers, jointly owned by Wallenius Wilhelmsen and Hyundai Motor Group. Following her first green methanol bunkering, Arctic Tern will continue her maiden voyage from Asia to Europe.

Xavier Leroi, COO Shipping Services at Wallenius Wilhelmsen and CEO of EUKOR Car Carriers, said: “Completing Arctic Tern’s first green methanol bunkering shortly after delivery is a significant milestone towards our decarbonisation ambition for both EUKOR Car Carriers and Wallenius Wilhelmsen. It demonstrates how investments in next-generation vessel technology and fuel flexibility are being translated into real-world operations. 

“This achievement reflects the strong collaboration between all parties involved. Together, we have shown how partnerships across the maritime value chain can help make lower-emission fuels available and operationally viable at scale.”

Mark Tamsitt, SVP Global Marine Sales at World Fuel, said, “The first bunkering event with a new fuel is a significant moment for any shipowner, and our role is to make it as seamless as possible. By connecting EUKOR Car Carriers with SIPG Energy’s proven green methanol capability at the Port of Shanghai, we were able to deliver on reliable supply, fuel quality, and safe processes. As more of our customers bring methanol dual-fuel tonnage into service, we are committed to being the partner that makes these kinds of operations routine.”

Mr. Zhang Da, General Manager of SIPG Energy, said, “Welcoming Arctic Tern to the Port of Shanghai for her first green methanol bunkering demonstrates the strength and maturity of our supply capability. Building on our well-established methanol ship-to-ship bunkering services for container vessels, we have already extended such services to pure car and truck carriers (PCTCs). This bunkering sets a new record for the largest single SIMOPs green methanol bunkering for PCTCs in China, marking another step in building Shanghai’s position as a global green energy hub for international shipping.”

This operation follows Wallenius Wilhelmsen’s announcement on 9 July that Arctic Tern would complete her first methanol bunkering shortly after delivery. The vessel entered service on routes between Asia and Europe immediately following handover from China Merchants Jinling Shipyard in Nanjing.

 

Photo credit: World Fuel
Published: 22 July, 2026

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Ammonia

HPA and MB Energy develop safety concept for STS ammonia bunkering

HPA says the Port of Hamburg will become “bunker ready” for ammonia, laying the groundwork for safe and reliable ammonia bunkering in the future.
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July 22, 2026

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HPA and MB Energy develop safety concept for STS ammonia bunkering

The Hamburg Port Authority (HPA) and integrated energy company MB Energy on Tuesday (21 July) said they have completed a comprehensive risk analysis and developed a dedicated safety concept for ship-to-ship ammonia bunkering.

MB Energy said the analysis lays the groundwork for the safe introduction of ammonia as a future marine fuel.

“With our planned ammonia import terminal in Hamburg-Blumensand, MB Energy intends to provide the reliable land side supply infrastructure needed to support this transition across northern German ports,” it said in a social media post. 

Mabanaft Group was renamed to MB Energy last year and merged over 50 existing brands under one identity. 

Separately, HPA said the Port of Hamburg will become “bunker ready” for ammonia, laying the groundwork for safe and reliable ammonia bunkering in the future.

“The focus is in particular on container ships, cruise ships as well as RoRo and ConRo (Container/RoRo) ships,” it said. 

“We expect ammonia to establish itself as an alternative marine marine fuel in the coming years. With our preparatory work, we are already creating the conditions to welcome the first ammonia-powered ships in Hamburg and to bunker them safely.:

HPA added that the import terminal for ammonia planned by MB Energy from 2029 will make a decisive contribution to ensuring the reliable availability of ammonia as a bunker fuel in northern German ports in the long term. 

“The use of an ammonia bunker barge is considered a possible addition to the landside infrastructure to enable ship bunkering in the port and beyond in the future,” it said.

Related: Mabanaft Group renames as MB Energy, merging over 50 brands under one identity

 

Photo credit: Hamburg Port Authority
Published: 22 July, 2026

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