Cochin Shipyard Embracing Green Technology for Modern Shipbuilding
Key Ideas
  • Cochin Shipyard Ltd focuses on building 65 ships valued at over ₹22,000 crore, primarily including 14 Naval ships and 22 coastal ships for global clients, with a shift towards constructing 'green ships' powered by less-polluting fuels like methanol, electricity, green hydrogen, and hybrid batteries.
  • The company is incorporating green ship technologies like fuel cell, methanol, and electric propulsion, with plans to scale up through technology transfer agreements with European shipping technology firms to manufacture advanced ships for global and Indian markets.
  • Investments of ₹3,000 crore were made to complete a new dry dock and an international ship repair facility at Kochi, boosting ship repair capacity to over 160 ships annually. Additional investments will be considered to enhance ship repair facilities and streamline current orders.
  • Subsidiary companies of Cochin Shipyard in Kolkata and Udupi produce coastal and green ships, with the Kochi facility focusing on Indian Navy demands and developing technology demonstrator products like vessels running on hydrogen fuel cells.
Cochin Shipyard Ltd, a leading shipbuilder in India, is concentrating on constructing modern vessels powered by green energy. The company has a substantial order book of around ₹22,000 crore, with plans to deliver 65 ships to global and domestic clients, including the Indian Navy. Embracing the global trend towards reducing carbon emissions, Cochin Shipyard is shifting its focus towards building 'green ships', which utilize fuels like methanol, electricity, green hydrogen, and hybrid batteries. These green ship technologies are currently being incorporated primarily for western markets, with a vision to scale up through technology transfer agreements with European companies. The company has invested in new facilities for ship repair, including a dry dock and an international ship repair facility in Kochi, aiming to increase ship repair capacity significantly. Cochin Shipyard is also expanding its subsidiary companies to cater to the demand for green ships and modern vessels from Indian and European clients. The article highlights the company's emphasis on innovation, technology transfer, and sustainable shipbuilding practices, positioning itself as a key player in the green shipping industry.
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