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Ascenz’s Shipulse tool eyes MRV validation

Singapore-based Ascenz is working towards achieving assurance from a verifier for its risk monitoring and compliance tool, Ascenz Shipulse, to be MRV (Monitoring, Reporting and Verification) compliant.

Lee Hong Liang, Asia Correspondent

September 8, 2016

1 Min Read
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Chia Yoong Hui, founder, chairman and ceo of Ascenz, said the company has engaged global professional services firm PwC to do the verification for its Ascenz Shipulse, a tool that enables fleet operations and procurement professionals to monitor thousands of ships for performance or disruptive events.

“We have conducted trainings for our staff on the MRV regulations and we are in the process of getting our system assured by PwC for MRV compliant,” Chia told Seatrade Maritime News at SMM 2016 in Hamburg, Germany on Thursday.

The MRV regulations set out a procedure for measuring carbon dioxide emissions by monitoring bunker consumption. All ships needing to comply with the regulations will require emissions to be monitored, verified by an independently certificated body and with a document of compliance issued by August 2019. But ship-specific MRV plans approved by accredited verifiers will first have to be in place by end-August 2017, ready to be implemented from January 2018.

However, there are no accredited verifiers yet for MRV in the maritime sphere, though PwC is working towards being an accredited verifier, according to Jan Ludolf Heeres, sustainability and responsible governance senior manager at PwC.

Meanwhile, Ascenz is planning to open an office in Hamburg as part of its global market expansion plan, following the establishment of a new office in Rotterdam last month. The company already has a presence in Jakarta, Kobe, Seoul, Kuala Lumpur, Yangon and Taipei.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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