China: CMHI Delivers Heavy Lift Vessel HYSY 278 to COOEC

China - CMHI Delivers Heavy Lift Vessel HYSY 278 to COOEC

China Merchants Yard in Shenzhen (CMHI) yesterday held the delivery ceremony for COOEC 50000t Semi Submersible Heavy Lift Vessel “HYSY 278″. At 222 metres in length and deadweight of 53,500 tonnes, the vessel will be capable of carrying loads of up to 50,000 tonnes.

Dockwise will operate the vessel under a management contract in close cooperation with COOEC as part of the total Dockwise fleet of semi submersible vessels. Dockwise reached agreement with Offshore Oil Engineering Co. Ltd. (COOEC) to act as manager of COOEC’s new build type 1 marine transportation vessel for all third party projects. The company will be responsible for marketing the vessel and will be training the permanent crew.

China Merchants Industry Holdings Co., Ltd (CMIH) was established in November 1997 on the foundations of Yiu Lian Dockyards Limited and China Merchants Development Co., Ltd. under a business strategy of “Diversifying the Group and Specializing the Companies”. CMIH has financial and technical strengths and highly qualified human resource backed by China Merchants Group. CMIH manages a total asset more than HK$60 million by owning the largest dockyard, the second larges tugboat fleet in Hong Kong and one of the ten largest ship repairers in mainland China. It also owns aluminum alloys processing manufacturer, the first Chinese-foreigner joint venture in China. Major activities of the CMIH are ship repairs, offshore engineering, steel structures and piping engineering, port machinery, aluminum alloys processing etc.

Dockwise Ltd., a Bermuda incorporated company, has a workforce of more than 1,200, both offshore and onshore. The company is the leading marine contractor, providing total transport services to the offshore, onshore, and yachting industries, as well as installation services for extremely heavy offshore platforms. The Group is headquartered in Breda, the Netherlands. The Group’s main commercial offices are located in the Netherlands, the United States, and China, with sales offices in Korea, Australia, Brazil, Russia, Singapore, Malaysia, Mexico, and Nigeria.

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World Maritime News Staff, March 16, 2012; Image: CMIH