V.Group and Aither team up to provide carbon trading solution for shipowners

Ship management and marine services company V.Group (V.) is teaming up with Aither, a carbon trading solutions provider for shipowners and other industries.

The aim of the partnership is to focus on carbon credit trading for the EU Emissions Trading System (ETS) scheme, benefiting shipowners with vessels managed by V. 

It will provide V. customers with a dedicated online portal to ascertain the cost of the carbon and purchase carbon credits, which can then be deposited with the EU Registry to maintain compliance with the incoming EU ETS scheme.

The verified emissions data for vessels under technical management by V. will be provided to shipowners via the ShipSure platform.  

The EU Emissions Trading System requires organisations to account for their greenhouse gas emissions, helping to reduce emissions and generate revenues to finance the EU’s green transition.

V. said in a statement that it has been closely monitoring the development of the EU ETS and preparing its systems and service offerings to be ready for its implementation.

René Kofod-Olsen, chief executive officer of V.Group, said: “Decarbonisation is top of mind for all shipowners around the world, and the inclusion of the shipping industry in the EU ETS scheme from 2024 has made the requirements for capturing verified emissions data even more imminent.

“We are pleased to be partnering with Aither to ensure that shipowners working with V. continue to receive the most seamless experience for carbon trading.”

Jacopo Visetti, co-founder of Aither, noted: “We are excited to be joining forces with V.Group which provides us with a second-to-none platform supporting decarbonisation in shipping. Through V.’s global reach and expansive digital infrastructure, we have been able to jointly build a solution for shipowners, which simplifies their journey through the incoming EU ETS legislation by providing an efficient platform in order to maintain compliance.”