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One spot per week will be allocated to a vessel registered as dual-fuel and capable of operating on at least one lower-emission fuel, such as ammonia. For the initial phases of the scheme, immediate use of the fuel will not be required, and the Canal Authority “recognize the investment and capacity to operate them once supply becomes available”.

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The Hydrogen Council has released its first Global Hydrogen Compass report, a state-of-play look at the industry. Ammonia is currently the largest offtake sector for clean hydrogen, accounting for 43% of the 3.6 million tons per year of binding offtake secured to date. Policy and regulatory clarity will be key to locking in further offtake, and developing the impressive global project pipeline.