A contribution to maritime digitalization Contents EXECUTIVE SUMMARY3INTRODUCTION4SCOPE AND OBJECTIVE5OPEN INDUSTRY DATA STANDARDS FOR OPERATIONAL DATA5DNV’s experience with Operational Vessel Data (OVD) as a standard5The history of OVD7The OVD Standard7Why is an operational vessel data standard needed –and what are the key success factors?8THE APPLICATION OF THE OVD STANDARD9How to get started with OVD12As a ship manager13As a shipowner13As a charterer (and cargo owner)13As a vessel performance management system provider13Other standard initiatives for Log Abstracts or “Noon reports”14Smart Maritime Network’s SVD14Energy LEAP’s Noon reporting standard14Use cases – supported by Veracity OVD14MRV and DCS verification14EU ETS and operationalization of CII14Charterer GHG accounting15ESG, KPI dashboard and Partner services15Create your own dashboards/services15Industry benchmarks16Is sensor-data-based reporting the future?16The DNV MASTER model – estimated consumption and emissions16SUMMARY17APPENDIX17Examples of OVD Log Abstract (OVDLA) format17 Executive Summary This whitepaper highlights the importance and benefitsof implementing an open industry standard for reportingoperational data in the maritime industry. The adoption ofa standard for sharing vessel data can enhance efficiency,connectivity, and sustainability by enabling interoperabil-ity between systems and applications. It also serves as afoundation for digital solutions and supports the indus-try’s decarbonization efforts. such as data validation, structuring, enrichment, analyt-ics, voyage logic, and data assurance. These featuresenable users to optimize their operational data, improvedata quality, and gain valuable insights through serviceslike Emissions Connect, and the Veracity Data Work-bench. The Veracity platform also supports integrationwith other industry stakeholders, such as ship managers,shipowners, charterers, and vessel performance man-agement system providers. DNV’s Operational Vessel Data (OVD) is an open industrystandard for reporting log abstracts and other opera-tional data from vessels. It is widely used by shippingcompanies and supported by various vessel performancemanagement and noon reporting solution providers.OVD data submitted through DNV’s Veracity platformundergoes validation, structuring, enrichment, and qual-ity assurance processes, providing users with reliable andvaluable insights. The whitepaper provides guidance on how to getstarted with OVD, including steps for data preparation,integration methods, and contacting DNV for support.It addresses different industry actors and their specificroles, highlighting the flexibility and benefits of usingOVD across the maritime ecosystem. Finally, the whitepaper presents various use casesutilizing Veracity OVD, such as MRV and DCS verifica-tion, EU ETS and CII operationalization, charterer GHGaccounting, ESG/KPI dashboards, partner services,and industry benchmarks. It also discusses the poten-tial of sensor-data-based reporting and introducesDNV’s MASTER model for estimating consumptionand emissions. DNV recognizes that there are other operational vessel datastandard initiatives ongoing in the industry and takes anactive part in collaborating in these developments to helpaccelerate digital transformation of the maritime industry. The whitepaper outlines the evolution and features of theOVD standard, including schemas for log abstracts andbunker reports. It emphasizes the need for a specific andpractical standard that supports industry use cases anddata requirements. The success of OVD demonstratesthe industry’s ability to align and report data uniformlythrough an open standard. In conclusion, implementing an open industry stan-dard like OVD for reporting operational data bringssignificant benefits to the maritime industry, includingimproved efficiency, connectivity, and sustainability.DNV’s Veracity platform and OVD Data Service providethe necessary tools and support for seamless integrationand utilization of the OVD standard, enabling industry-wide collaboration and innovation. The application of the OVD standard through DNV’sVeracity OVD Data Service offers several key features, Introduction DNV supports the development of standards to helpaccelerate digital transformation of the maritime industry,as described in this document. The company hasworked extensively over many years with standards andstandardization and wish to share the experiences in thisdocument, with an ambition to also collaborate withlike-minded initiatives in the industry. It is DNV’s intention to be fully transparent on data standardswith this document, and with further details described onwww.veracity.com Scope and objective This whitepaper is focused on promoting the imple-mentation of an open industry standard for reportingoperational data from vessels in the maritime industry.Its objective is to educate readers on the benefits ofadopting a standard as a means of enabling efficiency,conne