Navios Maritime Partners selects ABS Wavesight platform to enable fully digitalised FuelEU and EU ETS compliance
ABS Wavesight™, the ABS-affiliated software-as-a-service (SaaS) company, has been chosen by Navios Maritime Partners L.P. to provide a single integrated platform to support compliance with the FuelEU Maritime Regulation and EU Emissions Trading Scheme (ETS) requirements.
As of January 1, 2025, companies with ships calling on EU ports must collect and report key fuel-related data in preparation for EU submission deadlines. The ABS Wavesight platform offers a seamless experience that automates data reporting and simplifies the process of submitting data for statutory verification to ABS through a convenient API connection.
“Meeting environmental requirements is key for our clients and we are continuing to make strategic investments in digital solutions that help simplify their operations and processes,” said Staci Satterwhite, CEO of ABS Wavesight. “By combining state-of-the-art capabilities from ABS Wavesight such as operational insights, emissions tracking and environmental monitoring, with a simplified connection to ABS for statutory compliance, clients now have a seamless experience.”
"In Navios we continue our ongoing commitment to operational efficiency, environmental responsibility, and the long-term decarbonisation of our fleet,” said Mrs. Chara Papaefthymiou, Technical Director - Projects of Navios Maritime Partners L.P. "With ABS Wavesight’s integrated platform, we now benefit from a unified fully digitalised solution that automates our reporting processes, provides on-demand emissions validation and voyage emissions statements, and enables seamless data transmission to ABS for statutory verification.”
The FuelEU Maritime Regulation and EU ETS are regulatory measures that aim to decarbonise maritime transport in the EU. EU ETS is a market-based measure which sets tank-to-wake emissions limits along with new CO2 emissions allowances which are continually reduced on a yearly basis. The Fuel EU Maritime Regulation targets the well-to-wake greenhouse gas intensity of a ship’s energy use, introducing three key requirements which include reducing the GHG intensity of the energy used on board, usage of onshore power supply in the main European ports and incentivising the uptake of renewable and sustainable fuels.