Germany’s Schulte Group has launched Ocean Opt which it says acts as a one-stop solution for emissions management for ship managers, owners and charterers.

The new company has been launched as the tsunami of emissions regulation hits the maritime industry requiring the sector to demonstrate measurable progress toward climate neutrality. Following the introduction of the International Maritime Organisation’s (IMO) Carbon Intensity Indicator (CII) rating scheme and Energy Efficiency Existing Ship Index (EEXI) in 2023, effective this year, the shipping industry has been included to the European Union’s emissions trading system (EU ETS), which will have a major financial impact on shipping from 2025.

The industry is still busy adjusting to EU ETS but the next challenge is already on the horizon with FuelEU Maritime. In preparation for this new EU regulation, the monitoring plans for ships calling the EU must be submitted to authorised verifiers by end of August.