Financial Ports

Shipping Cuts Emissions Red Tape With Two New Data Standards

CLAVE 1 / 4Version 1.0 of Operational Vessel Data (OVD) and Vessel Emissions Reporting (VER) frameworks released by BIMCO-led JIWG.

CLAVE 2 / 4Frameworks are voluntary and create no new reporting obligations for shipowners.

CLAVE 3 / 4OVD standardises operational vessel and fuel-consumption data exchange; VER handles emissions reporting with verification status.

CLAVE 4 / 4Bureau Veritas and RINA have already adopted the OVD framework for emissions data collection.

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