Emissions Connect
ADVANCE from raw data to continuous business control
Emissions performance is a crucial business factor
In today’s shipping industry shipowners and managers must comply with ever-tightening regulations and ever-rising expectations from stakeholders, customers and partners.
There is a need to manage and operationally control the performance of the Carbon Intensity Indicator (CII), precisely account for carbon emissions for the settlement of the EU allowances (EUAs) and, from January 2025, actively manage the FuelEU Maritime compliance balance throughout the year.
To give you the ability to achieve continuous control over the commercial implications of the EU Emissions Trading System (ETS) and FuelEU Maritime as well as other upcoming regulations, we developed Emissions Connect.
Emissions Connect is a unique digital solution that allows you to consistently monitor and manage your emissions data from voyage to fleet, easily integrate data streams from your data providers and quickly generate and share the required emissions statements supporting your business reality.
Gaining business control is critical
Driven by the EU ETS and FuelEU Maritime regulations, emissions performance is taking a place within the commercial terms between technical managers, shipowners and charterers – thereby affecting the entire maritime value chain.
Consequently, shipping companies need to have continuous performance insight, trusted data to facilitate contractual obligations and the oversight to align commercial management with compliance strategies.
All stakeholders in the maritime value chain require a common source of verified emissions data as the basis for trusted collaboration and commercial settlement. An efficient solution that allows for easy and automated data integration as well data management and quality control is needed. Continuous monitoring, reporting and the ability to share data and statements on demand is needed to meet the diverse and complex requirements of the maritime reality.
Emissions Connect provides the trusted end-to-end solution needed to stay in control. Building on the Operational Vessel Data (OVD) standard and standardized API connections, Emissions Connect gives you the tools you need to effectively manage your emissions data and share those with your customers and stakeholders. The solution is designed to provide you the necessary capabilities to facilitate the settlement of EU allowances under the EU ETS and to actively manage your FuelEU performance annually, down to the charter party and voyage levels.
A trusted source of verified emissions data is essential – an efficient system to continuously manage and report emissions performance is now business-critical.
Discover your advantages with Emissions Connect:
- High-quality emissions data: Daily verified Operational Vessel Data with an automated feedback loop for easy resolution of data-quality issues
- Real-time verified data sets: Non-aggregated, real-time data ready for analysis, export
- Verified voyage statements: Enhanced monitoring at fleet, ship and voyage levels supporting reliable EUA settlement and FuelEU Maritime compliance balance management
- Full control and collaboration: Manage and share emissions data across your value chain on a solid data platform serving as a single source of truth
- BIMCO ready: Receive support in meeting the requirements of commercial contracts
- Emissions performance simulation: Plan and project the impact of voyage planning on future CII scores, EU allowances and the FuelEU Maritime balance – allowing your to benchmark alternative scenarios
- Integrated operational data: Connect data across fleets, systems and partners using the OVD standard and digital verification schemes
- Data access and management: Access and manage data sets and control partner access to data and insights
We help strengthen your connectivity
We understand that acquiring and integrating data can be challenging for you. That’s why we are partnering with industry leaders to provide you with standardized API connections. These APIs allow you to seamlessly share data in the OVD format directly from your current fleet performance management system to the Veracity Data Workbench and Emissions Connect. Discover more about our Veracity Partner Network.
