On February 1, COSCO Shipping Co., Ltd. signed a POOL agreement with Guangzhou Salvage Bureau
of the Ministry of Transport
(GSBMT) in Guangzhou Ocean Plaza
. According to the agreement, M.V. Hua Hai Long
, the 30,000 DWT semi-submersible vessel of GSBMT, will come into service under the management of COSCO Shipping Co. COSCO Shipping aims to become the lead integrator in the global semi-submersible vessel market therefore they have initiated the first POOL model among the Chinese shipping companies. The new joint semi-submersible vessel MV Hua Hai Long is a 30,000 dwt newbuilding with a length of 182.2m, a width of 43.6m and a depth of 11m. The Vessel has a large deck area, advanced ballast system, and can handle a wide range of cargoes. With the joining of the M.V. Hua Hai Long, COSCO Shipping’s semi-submersible POOL has reached five vessels, giving them the capability of transporting small, medium and large offshore and onshore cargoes.
Mr. Han Guo Min
, CEO of COSCO Shipping, pointed out, “The capability of COSCO Shipping’s semi-submersible fleet has been strengthened, and COSCO Shipping has become the only Chinese company in the list of global semi-submersible transportation suppliers
to receive a Green-class approval rating from Shell in regards to a HSE Management System audit. As the semi-submersible market changes, further cooperation and Pool will be a general trend.”