English grammar

Phrases involving things in containers are often understood to mean the contents. For example, when we read (or hear) "a refreshing bottle of beer" we know that the beer is refreshing, not the bottle. I could eat or drink: a bottle of cool beer, a glass of cold milk, a cup of hot coffee, a satisfying can of beans. Thus "a cold bottle of water" is perfectly correct. I poured a cold bucket of water over my dog.

Better examples of my point are the perfectly normal phrases a hot cup of coffee, a cool glass of water, a warm bowl of soup.