Your Complete Solution for EU ETS Compliance
Residing on our new platform, Risk Manager leverages our extensive global experience in vessel routing backed by the industry’s finest vessel models, weather forecasts, and route optimisation engine to help you accurately manage your EUA exposure.
Key outcomes
Prior to a voyage, manage your EU ETS risk by simulating future exposure and providing the insights to build an EUA strategy.
During a voyage, monitor fuel consumption data against EU ETS voyages to get an accurate picture of your realised exposure.
After a voyage, balance your risk by tracking EUA transactions against the voyage.
Gain a comprehensive picture of your fleet across three key areas of functionality.
Simulate
Get the most accurate estimates of your exposure and streamline allocation by:
- Simulating a route
- Defining optimisation scenarios
- Setting voyage parameters
- Building multi-leg voyages
- Comparing and assessing simulated scenarios
- Analysing EUA costs and CII impact
- Saving voyages to a ship
- Allocating exposure to responsible parties
Plan
Gain insights and situational awareness of your total EU ETS exposure from start to finish by:
- Easily importing Union Registry transaction data
- Visualising EUA balances to be surrendered and EUA burn rate
- Analysing data at the fleet or vessel level with detailed voyage history and emissions statements
- Accessing detailed accounts including trading and accounting statements
- Tracking EUAs owed to and due from third parties
- Assigning EUAs in holding accounts to specific voyages
Monitor
Easily track your vessel’s voyage by voyage realised exposure and CII score by:
- Downloading consumption statements
- Linking LR Emissions Verifier subscription for validation reports in one place
- Viewing emissions history, historical voyages and reported data for selected enrolled vessels
Whatever your role, get a holistic approach to EU ETS compliance
One place to manage your EU ETS commercial exposure
As a shipowner, ensuring your entire fleet complies with all regulations is a top priority, especially with the growing emphasis on environmental standards. With the recent EU ETS updates, it’s now your responsibility to surrender the necessary EUAs. Additionally, you will need to claim EUAs from the operator of the vessel.
Risk Manager can support you through these changes and help you navigate these responsibilities effectively. It enables you to view and forecast voyage information, helping you understand and manage risk, allocate exposure to third parties, and avoid financial penalties.
This ensures effective brand management and maximises opportunities with charterers.
Simplify your EU ETS approach with one comprehensive platform
As the operator of your fleet, your priority is having the data needed to optimise performance and profitability. With the recent extension to the EU ETS, you'll now need to manage the task of buying EUAs for voyages or claiming them from charterers and transferring EUAs to the owner.
Risk Manager can support you in navigating these new responsibilities. It keeps you up to date with exposure, EUAs due, and vessel status. You can quickly and clearly view and forecast voyage information for agile decision-making, helping you manage costs and stay compliant. And, as it features simple user management and the ability to allocate exposure to third parties, with Risk Manager you can ensure alignment and effective communication with shipowners and charterers.
Stay compliant with EU ETS
As a charterer, its crucial you ensure compliance with EU ETS for the vessels you charter across EU waters. With the recent regulatory changes, you now have the responsibility to cover the exposure for your voyages, which can be settled with EUAs or at an agreed rate with the operator.
Risk Manager can simulate your upcoming exposure to empower your EUA strategy. It ingests fuel consumption data to minimise your risk, optimise profitability, and ensure compliance.
By using Risk Manager, you can maintain strong, continued relationships with owners and operators.
Why OneOcean Risk Manager
Gain fast access to live data
Generate scenarios for your fleet
Explore balances and rates
Get a detailed view of your exposure
Track consumption data
Explore your EUA transactions
Gain an intuitive experience
Choose LR OneOcean for forward-thinking maritime solutions
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