90POE (Ninety Percent of Everything Ltd), a maritime software provider, has announced that its OpenOcean STUDIO platform has secured independent certification from Normec Verifavia. This certification verifies that the platform meets the stringent data, process, and functionality standards required by six significant maritime emissions and fuel compliance frameworks. These frameworks include the EU MRV (Monitoring, Reporting and Verification) and the EU ETS (Emissions Trading System).
For freight forwarders and logistics professionals, this certification is important as it indicates that carriers and vessel operators utilizing OpenOcean STUDIO will have a more reliable and verified method for reporting their emissions. This can lead to greater transparency in the supply chain regarding environmental impact and potentially streamline compliance processes for shippers who need to track their Scope 3 emissions. It also reduces the risk of non-compliance fines for shipping lines, which could indirectly affect freight rates if penalties were to be passed on to customers.
The certification helps shipping companies navigate the increasingly complex regulatory landscape for decarbonization, providing assurance that their reporting mechanisms are robust and accurate.