What are the expected emissions reduction and costs?
The MRV system is expected to cut CO2 emissions from the journeys covered by up to 2% compared with a 'business as usual' situation, according to the Commission's impact assessment. The system would also reduce net costs to owners by up to €1.2 billion per year in 2030.
In addition it will provide useful insights into the performance of individual ships, their associated operational costs and potential resale value. This will benefit ship owners, who will be better equipped to take decisions on major investments and to obtain the corresponding finance.
Source: European Commission Back to all F.A.Q.
In addition it will provide useful insights into the performance of individual ships, their associated operational costs and potential resale value. This will benefit ship owners, who will be better equipped to take decisions on major investments and to obtain the corresponding finance.
Source: European Commission Back to all F.A.Q.
