Shanghai Salvage Co News

South Korea has chosen a consortium led by China’s state-run Shanghai Salvage Co. as the preferred bidder to raise the Sewol passenger ferry which sank off Jindo Island on April 16, 2014, the country’s Ministry of Oceans and Fisheries (MOF) said in a statement. The consortium of Shanghai Salvage and an unnamed South Korean company beat six other consortia competing for the contract. The 6,825-tonne Sewol ferry sank off the southwest coast in April 2014. A total of 295 bodies were recovered, but nine remained unaccounted for when divers finally called off the dangerous search of the sunken vessel last November. The Sewol lies 40 metres (130 feet) down on the sea bed and bringing it to the surface represents a substantial technical challenge.

China’s largest submersible-support vessel delivered to Shanghai Salvage by Wuchang Shipbuilding Industry shipyard. China’s largest submersible-support vessel has been delivered and put into service in Qingdao, Shandong province, marking a breakthrough in the development of the country’s deep-water salvage force. Shenqianhao, China's first ship that carries a saturation diving system allowing divers to work at depths of up to 300 meters, is the nation’s most advanced submersible-support vessel…