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TINNews |

Arcadia Shipmanagement 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.

“This verification marks the first milestone for smooth compliance with the EU MRV regulation” said Mattheou Dimitrios, Managing Director of Arcadia Shipmanagement Co Ltd.

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.

“We would like to congratulate Arcadia Shipmanagement for being the first to receive EU MRV management plan verification, for their whole fleet, by DNV GL. It demonstrates their willingness to ensure that their vessels are out in front of the market in terms of compliance and in their sensitivity to the environment,” said George Teriakidis, Business Development Manager, DNV GL – Region South East Europe & Middle East.


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