VPS, DNV Veracity partnership tackles MRV reporting for offshore vessels

With new Monitoring, Reporting and Verification (MRV) regulations for offshore vessels due to start in 2025, VPS has joined with DNV’s Veracity to streamline emissions data verification and reporting for vessel owners.

VPS said the partnership will enable a seamless transfer of validated and checked operational MRV data from its Maress system to the Veracity data platform, where it can be verified in real time by DNV. By streamlining data collection, validation and verification, owners can simplify the emissions reporting process, while ensuring the quality of the data. Additionally, the system supports compliance with the reporting requirements of the EU Emissions Trading System (ETS), which will cover emissions from offshore vessels (5,000 gt and above) starting 2027.

More than 600 offshore vessels, ranging from platform supply vessels to anchor handlers to cable layers, use Maress for fuel and emission monitoring, optimisation, and reporting. One of those is Norway’s North Sea Shipping. “We collect all consumption data for our fleet in Maress and are excited that the validated and checked quality data in Maress automatically will flow to DNV for efficient verification,” said North Sea Shipping operations manager Sveinung Økland. “This reduces the admin related to MRV significantly for our staff.”

DNV Veracity executive director Mikkel Skou, said, “As verified emissions data becomes central to both regulatory compliance and contractual obligations, this collaboration simplifies the reporting process, helping fleet operators like North Sea Shipping share crucial data with confidence across the value chain.”

The new MRV regulations come into effect on 1 January 2025, covering offshore vessels over 400 gt entering EU/EEA ports. To address this, VPS’ Maress system for Data-Driven Decarbonisation is equipped with an MRV Reporting Module supporting data validation and checks, voyage validation and automated data transfer to Veracity by DNV. Maress’ advanced data quality algorithms are designed to minimise the need for verification cycles and accelerate compliance. The vessel owner receives reports including verified voyages ready for upload to Thetis MRV.

“This partnership represents a great step toward efficient and accurate MRV reporting for the offshore industry,” said VPS COO, digital and decarbonisation, Jan Wilhelmsen. “By combining VPS’s expertise in data-driven decarbonisation with DNV’s trusted verification platform, we are equipping offshore vessel operators with the tools to streamline compliance and accelerate their sustainability goals,” he concluded.