A floating platform has a polygonal, submerged floating body constructed from concentric pipe sections whereby the space between each two concentric pipes is compartmentized and serves as storage facility as well as ballast tanks. Columns also constructed as upright concentric pipes extend from the submerged float and carry platform defining and establishing frame which carries e.g. a drilling derrick. The interior spaces of all inner pipes serve as transport path, a closed one being provided in the main float and elevator(s) as well as pump-up paths for liquid loads are provided in the columns.