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The EU-ETS for shipping sector and amendments to EU-MRV (2nd Report)
As announced in ClassNK Technical Information No.TEC-1299 (issued on 24 May 2023), the amendments to the EU Directive governing the European Emissions Trading System for the maritime transport sector ("EU-ETS Directive") and the related European regulation on the monitoring, reporting and verification of GHG emissions from maritime transport ("EU-MRV Regulations") have took effect from 1 January 2024.
Implementing regulations that provide the details of the implementation of the revised EU-ETS Directive and the revised EU-MRV Regulations have been published, and a list of the Administering Authorities for each shipping company was published on 1 February 2024.
This Technical Information identifies the actions required to comply with these regulations this year in Annex I and the important points regarding the update of the EU-MRV monitoring plan required by the revised EU-MRV Regulation in Annex II.
Special attention should be paid for the registered owners and management companies (ISM companies) that have ships calling at ports in EEA Member States* on or after 1 January 2024, as they need actions for these new requirements.
* EEA Member States: The European Economic Area, consisting of the 27 EU Member States plus Norway, Iceland, and Liechtenstein, for a total of 30 countries.
ClassNK issued "FAQs on the EU-ETS for Shipping (Edition 2.1)," which provides an overview of the EU-ETS and relevant information in EU-ETS for shipping sector in a Q&A style. We hope that the document will help maritime stakeholders in their preparations for EU-ETS.