KR (Korean Register) has issued a Statement of Fact for the Vessel Performance Calculation Methodology developed by ShipWatch, an affiliated company of Navig8 and ADNOC L&S. KR’s technical review confirmed that the methodology aligns with the principles and performance-monitoring sequences established in the international standards ISO 15016:2015 and ISO 19030:2016.The Statement of Fact was formally presented to ShipWatch on September 2 during SMM 2026 in Hamburg, Germany.ShipWatch is a voyage execution and performance monitoring platform used across fleets operated by Navig8…