- Zero44 partners with DNV’s Veracity maritime cloud platform.
- It offers functionalities to oversee EU ETS obligations.
- Mutual clients can streamline ETS processes by automating data processing.
zero44, a decarbonization-focused software startup, partners with DNV’s Veracity maritime cloud platform. The collaboration aims to assist clients in managing compliance with the European Union Emission Trading System (EU ETS), reports Container News.
zero44’s Tailored Software
zero44’s software is customized for Greenhouse Gas Emission (GHG) regulations.
It offers functionalities to oversee EU ETS obligations, monitor allowances and financial transactions, and facilitate EUA trading and Union Registry access.
Benefits of Integration
Continuous data verification post-voyage is essential for accurate EUA settlements.
Integration with Veracity and Emissions Connect ensures verified data, aiding clients in avoiding claim management issues and surprises at the ETS submission deadline.
The partnership enables a ‘plug-and-play’ experience for Emissions Connect customers, allowing seamless integration with zero44’s software.
Software Features
Catering to various charter types and business models, including time charters, voyage charters, off-hires, and idle periods.
Accommodates perspectives from all stakeholders (owners, charterers, managers), supporting ETS invoicing, payments, and trading activities.
Veracity Integrated Partner Program
Launched in 2022, the program enables data providers to integrate with Veracity, delivering real-time data according to DNV’s Operational Vessel Data (OVD) standard.
Verified by the class society, this integration ensures data authenticity and reliability.
Streamlining ETS Processes
Mutual clients can streamline ETS processes by automating data processing, from vessel to verification.
Connectors within the Veracity Data Workbench establish an automated flow of validated data from Veracity to zero44’s EUA settlement software.
Inaugural Beneficiary: Gram Car Carriers
Gram Car Carriers of Norway is the first beneficiary of the integrated offering.
They prioritize basing all EU ETS settlements on verified data, opting to use DNV Emissions Connect for monthly and voyage data verification throughout the financial year.
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Source: Container news
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