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.”