EU MRV and IMO DCS have been developed in the context of reduction of greenhouse gases (GHG)/carbon dioxide emissions, with the target to measure, and potentially reduce the CO2 emissions in the maritime industry.
Whilst the EU MRV (Monitoring, Reporting, Verification) scheme, which has been in place since the beginning of this year, focuses on shipping activities to, from and within the EU area, the IMO DCS scheme covers emissions from shipping globally and comes into force on 1st January 2019.
Both regulations only apply to vessels of 5,000 GT and above. According to Superyacht Intelligence, this is currently the case for only 33 yachts, however as the industry continues to grow, we will see this number rise and more yachts needing to comply.
You will also find lots of useful information here http://imo-dcs.com/.
You can also learn more about the directives by tuning in to a free webinar hosted by DNV-GL on 3rd July.
Register your place here.
Even if you are not working on one of the 33 yachts of 5,000 GT and above, the PYA would encourage ALL crew to be mindful of fuel consumption and take steps to minimise it where possible.