NAPA launches FuelEU compliance tool after successful 1500-vessel pilot with ClassNK
FuelEU module streamlines data management and reporting from ship to shore to verifier, providing ship owners and operators with a compliance platform that enables a proactive approach to emissions reductions.
Helsinki, Finland: 28th August 2024 – NAPA, a global provider of maritime software and data services, has announced the launch of its FuelEU module. The new function is designed to help ship owners and managers comply with the European Union’s upcoming FuelEU Maritime regulation, by measuring expected penalties in real time and simulating different compliance scenarios for their fleet.
The FuelEU module’s initial rollout has demonstrated its ability to help owners and operators understand the carbon and dollar impact of the new regulation on their operations. The tool has been applied to around 1500 vessels through ClassNK’s ZETA platform, empowering organizations to proactively reduce their carbon footprint and meet regulatory requirements.
Using EU MRV and noon report data, as well as NAPA’s suite of ship performance analysis and simulation tools, the NAPA FuelEU module can help teams simulate various compliance scenarios and check expected penalties in real-time to evaluate different solutions, such as pooling, banking or borrowing CO2 emissions ‘from the following year. This will provide new insights to help ship owners and operators determine the right operational changes to positively impact their fleets’ fuel carbon intensity and ensure compliance.
NAPA’s FuelEU module will also help companies across all shipping segments streamline data collection and management, from ship to shore to verifier, to ease mandatory reporting. The FuelEU Maritime regulation will come into effect from 1 January 2025 and will apply to vessels over 5000 GT trading in the EU or European Economic Area (EEA). It will place a requirement on the GHG intensity of the energy used by vessels on a well-to-wake basis, to encourage the uptake of renewable and low-carbon fuels.
The software behind the FuelEU module was developed by NAPA while insights on the regulatory and reporting requirements were provided by ClassNK. The next stage will see NAPA develop additional features, including simulating the impact of fuel changes for past and future voyages in terms of penalties, costs and emissions. The system will also recommend optimal compliance alternatives.
Ossi Mettälä, Product Manager, Shipping Solutions at NAPA, said: “The development of this module is a true testament to the power of collaboration. Bringing together ClassNK’s regulatory expertise with our advanced digital capabilities and data insights, we are positioning our customers at the forefront of navigating shipping’s energy transition.”
Mr. Katsuya Naito, General Manager of Green Transformation Center of ClassNK, added: “NAPA’s digital technology and maritime expertise has been critical in bringing our vision to life. We want to narrow the gap between regulation and compliance and with this new tool to simplify data management, reporting, and operational optimization, we can see incredible potential for emissions reduction action.”
– ENDS –
NOTES TO EDITORS
About NAPA
NAPA is a leading provider of software and digital services for the global maritime industry, harnessing data science to enable safer, more sustainable and future-proof shipping. Founded in 1989 to provide smart solutions for ship design, NAPA is now the global reference in shipbuilding, with over 90% of new vessels built by NAPA customers. Today, the company’s expertise spans the entire lifecycle of a ship, from shipyards to operational safety and efficiency at sea. Over 3000 commercial ships globally sail with NAPA safety and efficiency solutions, which include digital ship stability systems that enable a proactive approach to safety at sea, cloud-based performance monitoring that delivers insights to unlock new operational efficiencies, and voyage optimization solutions that help reduce greenhouse gas emissions from voyages.
Headquartered in Finland, NAPA employs 200 experts and operates globally, with a presence in Japan, Korea, China, Singapore, the USA, Germany, Greece, Romania and India.
For more information, visit: www.napa.fi
About ClassNK
Founded in 1899, ClassNK is a ship classification society dedicated to safer and cleaner seas. ClassNK provides diverse technical services including surveys and classifications of ships and marine structures based on its own rules, statutory certifications on behalf of more than 100 flag states, management system certifications in line with ISO and other international standards. ClassNK joins the project to explore the appropriate ways to assess ship safety in the digital era based on the concept of ClassNK Digital Grand Design 2030.
For more information, visit www.classnk.com
Press contact
Rohini Lakhani
BLUE Communications
rohini@blue-comms.com
