OceanPass, DNV Link Up on Daily Emissions Data Sharing
OceanPass and Veracity by DNV will feed verified vessel emissions data to banks and charterers daily, closing gaps in Poseidon Principles reporting.
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Partnership targets financing data gap
OceanPass has partnered with Veracity by DNV to connect its emissions-intelligence platform to DNV-verified vessel data, delivered via the Veracity platform and Emissions Connect. According to a report by Smart Maritime Network, the collaboration is designed to give banks and charterers a live view of financed emissions to sit alongside standard annual reporting, supporting day-to-day financing and commercial decisions. Maritime Executive also covered the announcement.
Closing the reporting lag
The Poseidon Principles created a shared framework for measuring emissions tied to shipping loans, but that system depends on annual reporting cycles. Under current practice, lenders typically only receive their alignment scores 12 to 15 months after a reporting period ends — long after lending decisions have been finalized.
To narrow that gap, DNV’s Emissions Connect and Veracity platforms will provide continuous, daily verification of vessel emissions data rather than a once-a-year snapshot.
Coordination, not just data
Matthew Galston, CEO of OceanPass, framed the issue as one of timing and coordination rather than technology availability. “By the time a bank sees its emissions number, the loan is signed, the capital is deployed, and the ship has been trading for a year,” he said, adding that the partnership aims to give banks visibility “while the decision is still in their hands.”
Under the arrangement, DNV-verified data feeds into OceanPass’s portfolio intelligence tools for financial institutions. OceanPass combines this verified feed with blind-validated estimates for vessels that lack live data connections, allowing banks to track a broader portion of their loan portfolios even where direct data isn’t yet available.
Mikkel Skou, Executive Director of Veracity by DNV, said the goal is to extend DNV’s independently verified data into ongoing portfolio insight, giving banks “a more current and reliable basis” for decisions shaping their investments.
What it means for owners and financiers
For ship owners and managers, the shift toward continuous emissions verification signals that lenders and charterers may increasingly expect near-real-time data access rather than relying solely on annual disclosures. As financial institutions push for more frequent visibility into vessel performance, fleets with reliable, verifiable emissions data pipelines could find themselves better positioned in financing and chartering discussions going forward.
Apeks view — The value here is cadence, not novelty: verified data that once surfaced annually now flows daily, closing the gap between when a loan is signed and when its emissions profile is actually known. For owners, that means financing conversations will increasingly hinge on continuous, verifiable performance data rather than a once-a-year disclosure. Fleets that can supply reliable, ongoing evidence—rather than estimates filled in after the fact—stand to fare better as banks and charterers tighten their expectations around timely, defensible numbers.
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