{mprestriction ids="1,2"}“We are very proud to be the first shipping company to have been awarded the verified EU MRV management plans, for our fleet, by the world’s leading classification society, DNV GL. This verification marks the first milestone for smooth compliance with the EU MRV regulation,” said Mattheou Dimitrios, managing director of Arcadia Shipmanagement.

“At Arcadia we are committed to providing safe and reliable transportation of oil by sea and continue to broaden the values and ideas that build safety and environmental excellence, applying effective management systems to comply with incoming regulations to consistently achieve reliable and environmental incident-free performance.”

The EU MRV (Monitoring, Reporting, Verification) regulation requires ship owners and operators to annually monitor, report and verify CO2 emissions 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 and starts January 1, 2018.

“The EU MRV is the first of many regulations that will require more of the shipping industry in terms of data collection and sharing,” said George Teriakidis, regional business development manager, DNV GL.

“We have invested in developing our competence and services for this new regime, including putting in place a set of digital solutions that will make compliance as simple and transparent as possible for our customers.”{/mprestriction}