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ARTICLE · 28 NOVEMBER 2023

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Shipping Emissions Reporting: The Way Forward

Through the publishing of its latest Merchant Shipping (‘MS') Notice, namely MS Notice 182, Transport Malta shines the spotlight on the recent amendments made to Regulation (EU) 2015/57 (‘MRV Regulation')...

European UnionTransport

Through the publishing of its latest Merchant Shipping ('MS') Notice, namely MS Notice 182, Transport Malta shines the spotlight on the recent amendments made to Regulation (EU) 2015/57 ('MRV Regulation'), which make reference to the monitoring, reporting and verification of emissions created from shipping activities and also reminds all those concerned of the applicable MS Notices 133, 137 and 140, which speak of the MRV Regulation and THETIS-MRV, which shall be discussed in further detail below. The entry into force of the MRV Regulation was an important step towards the decarbonisation of the maritime transport sector, and on the 10th of May 2023, the MRV Regulation was amended via Regulation (EU) 2023/957 (the 'ETS Regulation') to include references to the EU Emissions Trading System ('ETS') and to the monitoring, reporting and verification of additional greenhouse gas emissions and other emissions from various ships.

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