Monitoring of bunker fuel consumption

Monitoring of fuel consumption and GHG emissions from international shipping is currently under discussion at the EU level as well as at the IMO. There are several approaches to monitoring, each with different characteristics. Important differences exist with regards to the costs of the equipment, operational costs, the accuracy of the measurements, and the potential to monitor emissions of gases other than CO2. Moreover, some approaches offer more opportunities to improve the operational fuel-efficiency of ships and fit better to possible future policies than others.The following report discusses these approaches.