TTS Group ASA has, through its subsidiary TTS NMF GmbH in Hamburg, Germany, entered into an agreement for delivery of two 85 tonne lattice boom offshore cranes to Azerbaijan, with a total value of NOK 55 million.
The agreement is with Caspian Drilling Company in Baku. The cranes are for use on a semi-submersible drilling rig to be built at Caspian Shipyard Company in Baku.
The cranes are customized for the Caspian Sea’s harsh environment condition and enabling efficient load-handling.
In 2013 TTS NMF already received orders for two 70 tonne offshore lattice boom cranes. With another mid-size offshore lattice boom crane contract, TTS again has shown that the group can develop innovative products.
The deliveries are scheduled for July 2015.
[mappress]
Press Release, January 2, 2014