LR launches solution for EU MRV and IMO DCS compliance

LR launches solution for EU MRV and IMO DCS compliance

Lloyd’s Register (LR) has launched an online verification service to help shipowners and operators comply with the EU’s Monitoring, Reporting and Verification (MRV) regulation and the IMO’s Data Collection System (DCS) on CO2 emissions.

CO2 Verifier is a secure cloud-based application designed by LR’s technical experts and co-created with ship managers. Users submit data, with the option for multiple uploads to reduce time and increase the turnaround following data submission. The platform provides one place for LR clients to manage their data and submit to the EU and IMO for regulatory compliance.

Data can be integrated with ship managers’ existing reporting systems and users can contact an LR technical expert directly, as well as online to ensure compliance with CO2 data collection and reporting requirements under both the EU and IMO.

As an accredited third party verifier for EU MRV and a Recognised Organisation (RO) for IMO DCS, LR carries out the necessary checks and verification procedures and issues the respective certificates for Port State Control inspections when data is submitted.

Nick Brown, LR Marine & Offshore Director, said: “Implementation of these regulations presents a significant compliance challenge for shipowners and operators – LR’s CO2 Verifier offers one simple way to comply with them both. It will save our clients time and effort, enabling them to focus on their day-to-day business.”