Arcadia Shipmanagement Co Ltd became the first company to receive verification from classification society DNV GL for compliant monitoring plans for their whole fleet under the new EU MRV regulation. The company was presented with a certificate recognizing the achievement at DNV GL’s Piraeus office, the company said in its press release.
The EU MRV (Monitoring, Reporting, Verification) regulation entered into force on 1 July 2015, and it 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 1 January 2018. The aggregated ship emission and efficiency data will be published by the European Commission by 30 June 2019 and then every consecutive year.
About Arcadia Shipmanagement
Arcadia Shipmanagement Co Ltd manages a modern fleet of 15 oil tankers (seven Suezmax and eight Aframax), with four of the Suezmaxes being delivered by Hyundai Heavy Industries in 2016 and 2017. The company and all fleet vessels are conforming to the requirements of ISO 9001, 14001, 50001 and OHSAS 18001. Arcadia is a member of Helmepa and Intertanko, is a “Green Award” certificate holder, and in 2007 was given the Lloyd’s List “Tanker Company of the Year Award”.