Page 18: of Maritime Logistics Professional Magazine (Sep/Oct 2017)

CONTAINER PORTS

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LABOR

The EU Complication arrival with date and time of departure and arrival, cargo car-

Further complicating the maritime control space is the new ried and transport work.

emission reporting requirements for CO2 in Europe. Euro- The shipping industry is critical for global trade, responsible pean Commission is adding maritime emissions into its 2009 for transporting about 90% of goods; fuel costs account for up climate and energy package. European Union’s upcoming to 80% of total voyage expenses, according to Platts. These

Monitoring, Reporting and Verifcation (EU MRV) regula- regulations are coming at a time of prolonged fnancial stress tion requires ship owners and operators of ships over 5,000 for much of the maritime industry. Ship owners and operators

GT to monitor and report their CO2 emissions on all voyages need to choose wisely in their strategy for dealing with the to, from and between any EU or EFTA port. This regulation, sulfur cap and their emission reporting methodology. Those 2015/757, came into force on July 1, 2015 and requires per able to offer the lowest freight rates stand to increase their voyage reporting beginning in January of 2018. By August 31, market share as shipping margins become even tighter.

2017 all ship owners are required to provide monitoring plans to an accredited verifer.

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The EU MRV requires ship owners to report on specifc pa- r

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The Author rameters of fuel consumption. Presently, there are four accept- n

James Morgan is a Director in Opportune able fuel consumption monitoring methodologies:

LLP’s Process & Technology practice. He has • Bunker Fuel Delivery Note (BDN) and periodic more than 17 years’ experience in the energy stock-takes of fuel tanks industry, primarily focused in the trading and • Bunker fuel tank monitoring on board risk management area. He is experienced in • Flow meters for applicable combustion processes all aspects of a project life cycle from strategy • Direct emissions measurements.

defnition and business case development to production support, for both packaged and custom software implementations. He can be reached at [email protected].

Other relevant voyage details will also be required, includ- ing distance travelled, time spent at sea, port of departure and

Source: IMO 18 Maritime Logistics Professional September/October 2017 | |

Maritime Logistics Professional

Maritime Logistics Professional magazine is published six times annually.