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Verifavia, a verification company for the shipping transport sector, and the Liberian Registry have signed a cooperation agreement to conduct IMO DCS and EU MRV verification services for Liberian-flagged vessels.

As part of the new strategic cooperation Verifavia Shipping will le[ds_preview]verage its expertise as an independent EU Monitoring, Reporting and Verification (MRV) dual-accredited verifier to deliver verification services to Liberian-registered vessels. Verifavia will offer verification services under both the IMO’s DCS and the EU’s MRV regulations, which have clear objectives to reduce greenhouse gas (GHG) emissions from shipping.

Given the strong commonalities between the EU and IMO monitoring schemes, the strategic cooperation provides shipowners and operators with additional reassurance that independent EU MRV accredited verifiers have the knowledge, expertise, and understanding to provide support in navigating the requirements and challenges relating to both EU MRV and IMO DCS regulations.

According to Verifavia shipowners of Liberian-flagged vessels that are required to comply with EU MRV will also benefit from obtaining a verification service from a single point of contact and a single verification audit based on the same primary data and procedures. This consolidated approach will ensure a cost effective and streamlined reporting verification process the company stated.

The Liberian Registry includes more than 4,200 vessels aggregating 150+ mill. gt, representing 12 % of the world’s ocean going fleet.