The integration of verified emission reporting systems using IMOS and Veracity software helps marine companies incorporate verified emission data into their operational and commercial workflows. This collaboration between Veracity and DNV directly transfers DNV's verified emission data to the P&L of the marine voyage in IMOS, thereby eliminating the need for manual reconciliation of commercial and regulatory records.
Challenges in Marine Operations
The main challenge for marine companies is that each voyage exists in two different forms: once as a regulatory record and again as a commercial record. This results in additional burdens on operational and reconciliation teams. With new requirements such as the EU ETS and UK ETS, carbon emissions have become one of the ongoing costs in the P&L of the marine voyage.
How the Connection Works in IMOS
Veracity connects to IMOS via API, allowing DNV's verified data to be directly transferred to IMOS. This data is clearly marked as verified and is included in the workflows and P&L of the voyage, so teams no longer need to manually input this data.
This integration enables our mutual customers to improve data accuracy, business agility, and decision-making quality.
Why Verified Data is Important?
Our shared goal with Veracity is to harmonize verified data and their definitions across systems so that teams can work with verified figures in their IMOS system. This ensures that all stakeholders work with the same information, facilitating processes.
Companies can start utilizing this integration by submitting a request to Veson support. According to Michael Rasmussen, General Manager of Pool Management at Hafnia, "We have historically spent a lot of time moving between systems to reconcile emission data. Having verified and accurate data in one place can facilitate this process."
As regulatory requirements continue to evolve, our collaboration will continue to support customers at all stages, from vessel updates to voyage P&L.
