China Merchants Energy Shipping (CMES), BHP and DNV have signed a Memorandum of Understanding (MOU) to collaborate on industry greenhouse gas (GHG) management through improved voyage data collection, verification and sharing via DNV’s Veracity data platform.
The three companies have now started their first joint pilot project, which focuses on the exchange and analysis of quality-assured data from selected ships and voyages. A first-ever Voyage GHG Verification Statement was issued by DNV as part of the pilot project, with a goal of establishing a trusted common source of data truth for use in various current or potential future business scenarios.
The partners claim that shipowners and charterers who work closely together may be able to reduce operational emissions by up to 15% by sharing data and insights compared to cases where there is little practical cooperation.
“China Merchants Energy Shipping is a company that embraces digitalisation transformation and honours its duty to a decarbonised shipping community,” said Huang Mao Sheng, Vice President of CMES.
“We are thrilled to be pioneering cross value chain GHG management driven by digitalisation with leading industry partners such as BHP and DNV. To master the industry’s challenges of tomorrow all parties across the value chain must come together on a trusted basis and establish a common source of data truth.”