Applicability: All vessels over 5,000gt trading in EU ports*
On 28 April, 2015, the European Council approved a new shipping regulation on the monitoring, reporting and verification of CO2 emissions, as part of its overall strategy to reduce greenhouse gas emissions by 2050.
The regulation will enter into force on 1 July, 2015.
The following requirements will apply:
From 31 August, 2017, all vessels over 5,000gt trading to, from and between ports in the jurisdiction of EU member states will be required to carry on board a CO2 monitoring plan that has been reviewed by a third party verifier.
This plan must contain:
▪ vessel and company details
Monitoring will be on a per-voyage basis, and data will be aggregated into an annual emissions report.
The first reporting period requiring monitoring will be 1 January, 2018, to 31 December, 2018.
Once monitoring is completed, data collected in accordance with the monitoring plan will require verification by an approved third party.
Once the verification process is successfully completed, the vessel will be issued a Document of Compliance which will need to be kept on board for inspection.
The penalties for failing to carry a Document of Compliance include vessel detention and the issue of an Expulsion Order that prohibits entry into EU ports.
From 2019, verified annual reports must be submitted to the EU Commission and the flag authority for each vessel by 30 April each year.
These reports will consist of:
The Commission will make this information publicly available by 30 June each year.
Thank you & Best Regards,
IMC Group P.C.