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Published: 13 November 2017      

More cranes from TTS Group ASA

In the past few weeks Norway’s TTS Group has reported a number of orders for cranes and hatch covers from Chinese shipyards

TTS Group ASA has secured two new contracts for crane deliveries in China - 10 shipsets of hose handling cranes and four shipsets of cargo cranes. The contracts were signed through TTS Bohai Machinery in Dalian, the 50:50 joint venture of TTS and Dalian New Shipbuilding Heavy Industry Co. The total order value is NOK58M (€6.1M) and deliveries will take place between 2018 and 2020.

The announcement follows hard on the heels of an announcement of two new contracts with Cosco (Dalian) Shipyard Co Ltd. This covers the delivery of two shipsets of cargo cranes and two shipsets of hatch covers. The total order value is close to NOK50M. The equipment is for use on two multi-purpose vessels and deliveries will be completed in H2 2018.

On top of that TTS reported several contracts worth a total of NOK60M. One concerns delivery of access equipment to a ro-pax vessel. The other sare for hatch covers for six different bulk carrier projects at various shipyards in China. Equipment deliveries will take place in 2018 and 2019.


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