This paper presents a novel semi-submersible (SEMI) platform concept, called the multiple small columns (MSC) SEMI that improves upon the hydrodynamic performance of the conventional SEMI. Unlike the conventional SEMI, the proposed MSC SEMI utilizes multiple small circular columns to support the deck and a large pontoon that increases the structural displacement. The novelty of the MSC SEMI is its reduction of the hydrodynamic load on the structure and suppression of its motion response, particularly in the heave direction. The MSC SEMI has the advantages of increasing the added mass, radiation damping, and natural period of the structure. A comprehensive investigation of the hydrodynamic performance of the novel MSC SEMI is conducted in both the time and frequency domains with a special focus on the resulting hydrodynamic load and motion response. Numerical simulation results demonstrate that the MSC SEMI concept can reduce the hydrodynamic load and motion response and improve the hydrodynamic performance of SEMIs as expected.