Inactive Instrument

TTS Group ASA Oslo Bors

TTS ASA : New contract for successful offshore crane

December 19, 2014 at 05:11 am EST

TTS Group ASA has, through its subsidiary TTS NMF GmbH in Hamburg, Germany, secured a new contract for the delivery of one 800 tonne Leg-Encircling Crane. The crane is for a jack-up vessel, to be built for Belgium-based GeoSea at Uljanik shipyard in Croatia. The total contract value is approx. 120 MNOK.

Through this contract, TTS group has gained another foothold in the offshore market. The contract is the third in a row for a new, successful TTS design.

Soon after delivering a 900 tonne leg-encircling crane for windmill installation work in Q1 2014, TTS got another contract for this design. Now the third delivery is confirmed, marking an important milestone for TTS in the offshore market.

TTS NMF offers one of the widest ranges of offshore lattice boom cranes in the market from SWL 50t to SWL 1500t. The electro-hydraulic leg-encircling crane is supreme to safe deck space and ideally features high speeds for hoisting, luffing and slewing in each load step.

Delivery of the crane will find place in 2017

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Company Profile

Nekkar Asa is a Norway-based holding company in the Nekkar Group. The Nekkar Groupâs segment structure consists of: Shipyard Solutions, Digital Solutions and Others. The Shipyard Solutions segment includes the business related to deliveries of ship lift and docking systems along with other products and services to shipyards and naval bases, the Digital Solutions segment is the competence hub that serves both other business areas in Nekkar along with customers outside the Group, while the Other segment includes Group functions in the Parent Company, the development projects within Aquaculture and Renewables and group elimination. The Companyâs has two wholly-owned subsidiaries: Syncrolift AS and Nekkar AS.

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Heavy Electrical Equipment

Calendar

2024-05-16 - Q1 2024 Earnings Release

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