For owners of ships over 5.000 Gross Tonnage (GT), reporting on their emissions is mandatory. The IMO-DCS regulation, as well as the EU-MRV for ships sailing in European waters, require them to do so. This reporting can provide useful insights into the emissions of chartered ships, to support internal and external reporting for charterers, which can help improve overall efficiency and therefore cost-effectiveness. Also, new reporting structures are entering the sector. Institutions like banks and financiers have formed the Poseidon Principles and charterers have recently signed the Sea Cargo Charter. These new initiatives also aim to reduce our sectors’ Green House Gas (GHG) emissions and set new requirements to collect emission data and report on these GHG emissions.
We can imagine that remote emission reporting for charterers isn’t something you’re familiar with right away. It is quite simple, however. There are two ways for reporting emissions of chartered ships, which vary in the way that data is collected and stored. Either we use the daily noon-reporting to report on fuel consumption and resulting emissions, or we use our in-house developed Digital Twin. Both ways have proven to be an easy way to remotely report emissions. No post-processing is required and the data can be used to report emissions of any vessel.
Our performance monitoring platform is the perfect solution for remote emission reporting.
When noon-reports are available, we can report fuel consumption and related emissions based on the daily reporting by the Master. The total consumption per voyage for different fuel types is calculated automatically and using IMO standard emission factors, a report can be generated per voyage or per period.
When no noon-reports are available (such as with voyage charters), We4Sea can report emissions through the usage of a Digital Twin. This is an exact virtual replica of the ship. All relevant data, like speed, weather, draught, and speed, are fed to this Twin. This results in an accurate representation of the ship’s performance, including its consumption and emissions, making it easy to track and report these emissions.
The ability to remotely report on a ships’ emissions of charterers is incredibly useful for a multitude of reasons. The most important ones are listed below.
Remote emission reporting through our We4Sea tool supports an independent data gathering process, independent from the shipowner. Using a standardized approach, issues with different data formats and definitions are a thing of the past.
Reporting emissions through our tool is not only easy but also a lot less time-consuming than other methods!
All collected data is stored in the cloud, and hence accessible from anywhere in the world. In addition, it is protected from loss, damage or similar risks that come with other types of data collection and storage.
Remote emission reporting through our We4Sea tool leads to clear and actionable insights into the emissions, as well as other parameters, of the ship. These can be used for internal and external reporting, and in the end to increase overall efficiency.
Would you like to find out more about the benefits of remote emission reporting, or do you have any other questions in regards to this topic? We’d be happy to tell you more, so don’t hesitate to let us know!