Latest news from Heavy Lift & Project Forwarding International Magazine

COSCO Shipping initiates semi-sub pool

February 14 - In signing an agreement with Guangzhou Salvage Bureau of the Chinese Ministry of Transport (GSBMT) to manage GSBMT's 30,000 dwt semi-submersible ship, Hua Hai Long, COSCO Shipping claims it has initiated the first 'pool model' among Chinese

COSCO Shipping says that the agreement symbolises that Chinese semi-submersible owners have entered a new era of integration and control which, it says, will lead to an even stronger position in the market.

Hua Hai Long is a 30,000 dwt newbuilding; 182.2 m in length, 43.6 m in width and 11 m in draught.

The ship has a large deck area, advanced ballast system, and can handle a wide range of cargoes, says COSCO Shipping.

With the addition of Hua Hai Long, COSCO Shipping's semi-submersible pool has reached five vessels, giving it the capability of transporting small, medium and large offshore and onshore cargoes.

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 pooling arrangements will be a general trend."

Heavy Lift | News

Zeaborn to take full control of Zeamarine thumbnail image

Zeaborn to take full control of Zeamarine

April 18 - The Zeaborn Group has signed an agreement to acquire the remaining shares in Zeamarine – the joint venture with Intermarine that was established in May 2018.
Views: 202
Tyne moves Bedford lifeboat thumbnail image

Tyne moves Bedford lifeboat

April 18 - After almost two years in covered storage, the historic Bedford lifeboat has been relocated from the port of Tyne to the North East Maritime Trust’s yard in the UK, ahead of a restoration project.
Views: 101
Panalpina improves profitability thumbnail image

Panalpina improves profitability

April 18 - In the first three months of 2019, Panalpina boosted its profitability by 15 percent compared to the same period of last year.
Views: 147
AAL calls in Felixstowe thumbnail image

AAL calls in Felixstowe

April 18 - AAL has made its inaugural call at the UK’s port of Felixstowe to deliver four rubber-tyred gantry cranes (RTG).
Views: 175

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.