V.Ships uses OceanScore to manage ETS / FuelEU compliance

V.Ships, one of the world’s leading third-party ship management companies, has adopted OceanScore’s Compliance Manager to address the growing complexities of European Union environmental regulations. The partnership enables V.Ships to efficiently manage compliance with EU ETS and FuelEU Maritime – through the streamlining of all processes, intuitive workflows and calls to action, and automated invoicing – ensuring transparency and operational excellence across its global fleet.

Navigating Regulatory Complexity with Confidence

The introduction of EU ETS (Emissions Trading System) and FuelEU Maritime regulations has further complicated the compliance requirements for shipping companies, creating new layers of complexity that require specialized expertise and strategic long-term planning. For V.Ships, which manages diverse fleets for owners these regulatory changes presented both challenges and opportunities to demonstrate industry leadership.

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

Technology-Driven Solutions for Complex Compliance

OceanScore's Compliance Manager has emerged as a critical solution in V.Ships' compliance strategy, providing the technological infrastructure and expertise needed to manage evolving regulatory requirements in an automated, efficient, and transparent way. The platform enables V.Ships to automate compliance tracking across its global fleet, streamline invoice management workflows for both EU ETS and FuelEU Maritime, and provide real-time transparency on compliance balances and exposure - all through API-based data flows that eliminate manual processes and reduce errors.

"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.

Partnership Excellence Beyond Technology

The collaboration between V.Ships and OceanScore extends beyond software implementation to encompass comprehensive service support and access to regulatory expertise. This holistic approach has proven invaluable as V.Ships continues to serve its diverse client base while staying ahead of regulatory developments.

"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," V.Ships emphasized.

Operational Excellence at Scale

Managing compliance across large-scale fleet operations requires both efficiency and transparency – qualities that are essential to V.Ships' service delivery model. The scale of V.Ships' operations demands solutions that can provide real-time visibility and streamlined processes without compromising service quality.

"Given the large size of the fleets we manage, securing efficient processes and 24/7 transparency is critical to maintaining world class service. OceanScore's Compliance Manager is helping us to do just this in the complex world of EU ETS and FuelEU Maritime," the company concluded.