Pherousa, led by Chairman Hans Bredrup, has received initial Approval in Principle from American Bureau of Shipping (ABS) and DNV for their innovative Ammonia Cracking technology, aimed at achieving fossil-free and zero-emission propulsion in the maritime industry. This technology utilizes PEM Fuel Cells and Fuel Gas Supply System to generate fully electrical propulsion, tapping into the clean hydrogen energy carried by ammonia. The Approval in Principle signifies the viability and safety of Pherousa's technology, making it a crucial milestone in sustainable maritime transportation. Pherousa's partnerships with key players like Deltamarin, Marshall Islands, Babcock International Group, and Metacon have been instrumental in advancing emission-free propulsion solutions. The Ultramax 64.000 dwt vessel, designed for transporting copper concentrates, is set to operate without any carbon footprint, meeting the global decarbonization goals. The use of Ammonia Cracking technology onboard vessels can pave the way for a cleaner, greener future in the maritime industry. The Ammonia Cracking technology by Metacon, exclusively licensed to Pherousa, converts ammonia into high-quality hydrogen fuel, offering versatile applications such as supplying hydrogen to different engine types for 100% emission-free propulsion. This innovation allows commodity players to choose from various emission-free technologies, reshaping the operational efficiency of vessels at sea. The transition from concept to scale-up and market entry demonstrates Pherousa's readiness to deploy their carbon-free propulsion system globally, aligning with evolving environmental standards and sustainable maritime practices.