On 28^th April 2015, the Council and European Parliament approved the Regulation on monitoring, reporting and verification (MRV) of CO2 emissions from maritime transport. The MRV Regulation will apply to ships above 5000 tons which arrive to or leave from a port under the jurisdiction of a Member State, as well as within ports under the jurisdiction of a Member State. From 31^st August 2017, companies will have to submit to qualified verifiers a “monitoring plan” indicating the method chosen to monitor and report the CO2 emissions released by their ships. The formal entry into force date of the MRV Regulation (which amends the previous Directive 2009/16/CE) is 1^st July 2015 and the operations will effectively start on 1^st January 2018.