by bj2022 | Dec 30, 2024 | Uncategorized
Addressing greenhouse gas (GHG) emissions is one of the most pressing challenges of our time, particularly in the shipping and drilling industries, which account for a significant percentage of emissions. Cyanergy is at the forefront of this effort. With a mission...
by bj2022 | Dec 6, 2024 | Uncategorized
According to the DNV’s Maritime Forecast to 2050 report, decarbonizing the shipping industry will incur significant costs for shipowners, which will be compensated by increased freight rates and eventually affect the end consumer through an increase in the price of...
by bj2022 | Nov 12, 2024 | Uncategorized
CFO Insights: 5 Crucial Lessons for ESG Reporting in Shipping and Drilling The global shipping and drilling industries play pivotal roles in energy consumption and greenhouse gas (GHG) emissions. With the pressure to meet stricter environmental, social, and governance...
by bj2022 | Nov 12, 2024 | Uncategorized
Cyanergy’s cutting-edge emissions monitoring technology was recently highlighted in The Maritime Executive, a leading international publication dedicated to the shipping and maritime industries. The article emphasized how Cyanergy’s system addresses key...
by bj2022 | Oct 11, 2024 | Uncategorized
In July, India’s state-owned Oil and Natural Gas Corp (ONGC) unveiled a decarbonization roadmap, committing $24 billion to achieve net-zero operational emissions by 2038. The plan includes renewable energy projects, green hydrogen production, and carbon capture...
by bj2022 | Sep 2, 2024 | Uncategorized
Well drilling is tremendously energy intensive, and the greenhouse gas emissions (GHG) from drilling rigs account for about 15 percent of energy related emissions. While ambitious goals have been set by governmental and regulatory agencies, such as the International...
by bj2022 | Jul 29, 2024 | Uncategorized
The European Union has expanded its Emission Trading System to apply to the maritime industry in order to reduce greenhouse gas emissions, and shipping companies now need to account for emissions when traveling through or berthed in EU waters. The EU ETS will be...
by bj2022 | Jul 19, 2024 | Uncategorized
As the shipping industry faces new emission regulations—most notably the expansion of the EU ETS to include maritime companies—ship owners are looking for innovative decarbonization solutions. Shipping companies with vessels operating between EU ports or traversing EU...
by bj2022 | Jul 4, 2024 | Uncategorized
As of January 2024, the EU’s Emission Trading System (EU ETS) now applies to large ships of 5,000 gross tonnage or more. This means that these vessels will need to submit emission allowances when utilizing EU waters and entering EU ports. So how will this latest...
by bj2022 | Jun 24, 2024 | Uncategorized
Earlier this month, industry leaders gathered at one of the most prominent international shipping conventions and discussed how the shipping sector can rise to meet its environmental, economic and socio-political challenges. The Posidonia International Shipping...
