Entire Fleet of d’Amico MRV Verified by RINA

Image Courtesy: d'Amico International Shipping

Italy-based RINA Services, part of RINA Group, has verified the entire fleet of compatriot shipping company d’Amico Group, which has met the Monitoring, Reporting and Verification (MRV) regulation requirements.

The fleet comprises 36 vessels which are managed by d’Amico Società di Navigazione and 35 vessels managed by its subsidiary Ishima.

The new regulation was developed in response to the challenge of reducing greenhouse gases in European territories to the 2050 targets set by the EU. By 2030, GHG must be reduced at least by 40% below 1990 levels. The EU Commission strategy suggests that the CO2 emissions from maritime transport should be cut by at least 40% from 2005 levels by 2050.

MRV is compulsory and is applicable to ships greater than 5,000 GT which call at any EU port.

By August 2017, shipowners are obliged to submit to their verifier the CO2 monitoring plan of each ship in their fleet. From 2018 onwards, they will have to monitor the emissions, fuel consumption and other parameters, which are to be yearly reported and verified.

“We created the Fleet Performance Monitoring department more than five years ago. We were among the first ones in Europe to do so and this allowed us to gain a significant competitive advantage on MRV compliance. We recognised the environmental and commercial benefits of meeting the new regulations and we are pleased to have worked with RINA on this initiative”  Salvatore d’Amico, Fleet Director of d’Amico Group, commented.

d’Amico’s monitoring plan is said to consist of a “complete and transparent” documentation of the monitoring methods, containing all the ships’ relevant information and a description of the procedures, systems used for determining, recording and storing all measurements required by the regulation.

“They (d’Amico) are the first company to have the entire fleet MRV verified by RINA. We have been accredited by ACCREDIA for this activity and we are also a designated operational entity (DOE) accredited by UNFCCC (United Nations Framework Convention on Climate Change) for the validation and verification of CDM projects,” Paolo Moretti, CCO Marine & Transport, RINA Services, said.

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