United Heavy Transport will no longer be the exclusive commercial manager of Guangzhou Salvage’s (GS) semi-submersible fleet. While the partnership remains steadfast, according to UHT, GS and Cosco have decided to form a joint venture to manage their semi-submersible fleet together. 

“The partnership between Guangzhou Salvage, GSP, and United Heavy Transport since 2018 has proven to be a very successful 5-year endeavour. We are grateful for the collaboration and support that GS has provided us to gain the trust and confidence of our clients around the world,” UHT said in its statement.

Going forward, the companies aim to explore new avenues of collaboration, leveraging the diverse marine assets available within GS portfolio. “Together, we are committed to maximising the synergies between our organisations and utilise the full spectrum of GS’s marine offshore resources,” the statement reads.

Focusing on complex transport

In the meantime, UHT said it will continue to focus on providing it clients with project solutions for complex ocean transportation requirements.

The recent geopolitical changes are creating additional logistical challenges for the timely delivery of cargo due to the scale and nature of the projects. UHT aims to leverage its in-house project management and engineering team, existing fleet of all United companies to provide turnkey solutions and reduce the number of interfaces for a client and mitigate risks for delivery delays.