Emissions Management
All the data and expertise you need for decarbonisation, energy efficiency and vessel performance.
The race towards net zero emissions of greenhouse gases will have a profound impact on shipping and maritime. Emission-related data has become a currency for trade to continue in commercial maritime activity.
When the Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) come into force on 1 January 2023, your ship's emission measurement will have direct implications to your trading and operations.
Just before that, on 14 July 2021, the European Commission proposed to
extend the scope of its Emissions Trading System (EU ETS) to include emissions from shipping. Companies must surrender allowances for all emissions that occur on voyages between ports within the EU and whilst ships are at berth at EU ports regardless if the ships fly an EU flag or whether the shipowner is incorporated in the EU. The directive will be effecive 2025.
You must act now in order to understand what measures need apply and manage your vessel's emission.
Data Monitoring Platform and Performance Management
Data Monitoring Application
Spark is an intuitive application for energy efficiency that provides key information to all layers in the organization, including the captain.
Spark provides standardized data and analytics across your fleet on GHG emissions through noon report data and sensor data extracted onboard vessels. This extension of Spark is exceptionally important for vessels trading in EU waters.
Under the upcoming EU Emissions Trading System (EU ETS) shipping companies must surrender allowances for their vessels emissions under the EU's "cap and trade" emissions trading system. For any vessel that does not meet the annual limits, a penalty will be charged.
Spark tracks emissions data and provides a cost estimate for the price to pay greenhouse gas emissions impact.
Performance Management services
We are ready to assist you in translating data into actions that results to reduction in operational expenses and environmental footprint. Our team ensures that you are aligned with the stricter environmental regulations coming into force from 2023 while keeping your sustainability focus with charterers, investors, banks and consumers.
The Performance Management team works hand-in-hand with your technical team and crew onboard to ensure that data is converted into actions onboard.
