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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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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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