(20 second reading) Leading shipbuilder, Cochin Shipyard carried out the steel cutting of the first zero-emission feeder container vessel in the world using green hydrogen as the fuel for Samskip, a leading logistics company headquartered in the Netherlands.
The feeder container project is among the latest bagged by the CSL as part of its plan to turn green vessel construction into a key earning source in the next couple of years.
Europe is set to become a major market for green vessels and CSL is already flooded with queries from companies primarily from Western Europe looking to transition to green shipping as part of their commitment to reduce carbon emissions.
Average age of the fleet of these vessels (around 2,500 in numbers) could be getting close to 20 years.