V.Ships adopts compliance platform

The move comes as shipping firms grapple with the EU Emissions Trading System and FuelEU Maritime, both of which have added significant administrative and financial pressure to day-to-day operations.

“As a leading global third-party ship manager, we at V.Ships work with a wide range of owners across different segments,” said James Helliwell, commercial director at V.Ships.

“EU ETS and FuelEU Maritime have added substantial complexity to our role and we are happy to work with OceanScore to help us navigate these challenges.”

OceanScore’s platform centralises tracking, invoicing and reporting, replacing the spreadsheet-driven processes many companies still depend on. According to V.Ships, this has become essential for managing dozens of shipowners and charterers with differing exposure to the EU regulations.

“OceanScore’s Compliance Manager has allowed us to manage the complexity brought about by EU ETS and FuelEU in a way that allows us to support our customers, both ship owners and charterers, with world class services,” the company noted.

V.Ships says the partnership is not just about software, but also about access to regulatory expertise as the EU continues to adjust its climate policies. “At V.Ships, we are not only relying on OceanScore’s Compliance Manager to navigate the complexities of EU ETS and FuelEU Maritime, their service and knowledge are outstanding and have provided invaluable support many times,” it added.

With hundreds of vessels under management, V.Ships argues that visibility is now as important as accuracy. “Given the large size of the fleets we manage, securing efficient processes and 24/7 transparency is critical to maintaining world class service,” the company concluded.