SHIPPING CORPORATION OF INDIA PLACES ORDER FOR GREEN METHANOL VESSEL

has placed an order with to build and deliver a 3,000-dwt methanol dual fuel diesel electric platform supply vessel. This vessel will be the first vessel in the ’s fleet which is planned to operate on alternate fuel green methanol, a step towards the green shipping under the aegis of National Green Hydrogen Mission (NGHM). This move marks a significant step towards a low-carbon maritime future, aligning with the nation’s net zero commitments and reinforcing the nation’s thrust on indigenous shipbuilding. Both the companies are government undertaking entities. While operates the vessels for carrying cargo, is in the business of vessel construction. This order will benefit both the companies as will be able to save costs on green energy fuel and will be able to increase it's sales revenue with this order.