Guangzhou Salvage Co

Guangzhou Salvage Bureau of the Ministry of Transport (GS) is a national public institution directly under the Ministry of Transport and a professional marine emergency salvage team. Its main responsibilities include carrying out national policies and regulations, undertaking political, military and anti-disaster salvage and wreck-removal missions appointed by the state, performing the relevant international conventions, wreck removal for ports and channels, salvage of vessels, equipment and property at sea, and emergency removal of spilled oil or oil stored in sunken vessels and other anti-pollution work. GS also operates in offshore engineering, towing and transportation, tunnelling engineering, water project engineering, municipal engineering and shipbuilding. Since the salvage organisation reforms in 2003, GS has followed a policy of self-management while sustaining its salvage missions. GS has total assets of about 2.6 billion and owns over 40 vessels including large tugs, floating cranes and semi-submersible barges, as well as wharves, shipyards, warehouses, a deep-water diving base and a diving school. It employs over 600 senior management, technical and skilled personnel and holds first-grade qualifications for marine salvage operations, offshore oil engineering contracting, municipal utilities contracting, port and waterway engineering construction, port and coastal engineering and jetty engineering. Since 2003, GS has completed about 131 rescue missions, rescuing over 50 vessels and property worth over 4.9 billion, and about 170 emergency salvage missions with a success rate of nearly 100%. About 21 wrecks and 115 victims have been salvaged and 765 survivors rescued, including 114 foreigners. Its salvage operations include the 50,000 t coal carrier "Peng Yang", the Ukrainian AHT tug "NEFTEGAZ 67", the container carrier "LONG MU WAN" in Japan, the bulk carrier "TRANS SUMMER" and the Ming dynasty ancient ship "NAN AO I".