Through its fully owned subsidiary TTS Offshore Handling Equipment AS, Bergen-Norway, TTS Group ASA has been awarded the first of two options. The called option is worth between 65 – 70 MNOK.
The contract with Kleven relates to new build no. 362 for delivery to Olympic Shipping AS. TTS will deliver a 250T active heave compensated crane for operations down to 3,000 meters depth.
TTS has long traditions in serving the worldwide shipbuilding and oil industry, where TTS Offshore Handling Equipment AS deliver offshore cranes and lifting equipment.
The delivery is scheduled for June 2013.
[mappress]
Source: TTS, June 21, 2012