Indian Yard Turning Out 12 Hybrid Coasters

Electramar+Stellamar_GCUS7050-1

Source: Chowgule & Company

A new generation of hybrid/diesel-electric cargo vessels ordered by Nordic interests is expected to make its debut in the short-sea trades during the third quarter of 2023.

The 5,350dwt Electramar will give first form to a series of 12 newbuilds encapsulating a design claimed to cut overall greenhouse gas (GHG) emissions, including CO2 per cargo unit, by nearly 50% relative to existing ships of similar size. The bold investment initiated by the Swedish company AtoB@C Shipping, a subsidiary of Finnish dry bulk specialist ESL Shipping, entails a production programme extending through the first half of 2026.

The technical standing of the project is complemented by the commercial significance of the contract as an endorsement of the capabilities of Indian shipbuilder Chowgule & Co. The latter’s Goa shipyards have a track record in small, multi-purpose cargo vessels for North European owners and operators, but the AtoB@C assignment signals an advance in technological standard.

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