Maritime predictive analytics start-up Ceto has announced plans to launch an end-user platform for ship owners, managers and charter parties to monitor, report and control their fleet carbon emissions in preparation for the full implementation of the European Union’s Emissions Trading Scheme (ETS).
The new CarbonID system, offered as a monthly subscription through Ceto’s website, offers visibility into EU Allowance (EUA) requirements for voyages that fall under the ETS, allowing users to monitor and report consumption.
The software is also equipped with forecasting tools to efficiently plan for any route deviations, taking into account the costs associated with the change in passage plan.
Future planned features for the platform include the addition of verification services, the ability to invoice cargo owners directly from the system and optimisation of passages based on vessel performance data to meet EUA requirements on voyages with EU port calls.
“EU ETS compliance is simple; why should the software that monitors EUA exposure be complicated?” said Tony Hildrew, CEO at Ceto.
“This efficient and forward-looking platform prioritises transparency and eliminates the need for lengthy contractual negotiations, ensuring that maritime companies can confidently navigate the evolving environmental landscape.”
