Norway: TTS Increases Its Activities in the Offshore Equipment Market

TTS Group ASA, Bergen has through its subsidiary Company TTS ships equipment AS. secured four contracts with STX OSV Brattvaag building, STX OSV Soviknes and Kleven Maritime in a total value of NOK 30 Mln (approx USD 5.1 Mln).

The contracts with STX OSV Brattvaag relate to vessel no. 793 and vessel no.794 for shipowner Siem Offshore, and the contract with STX OSV Soviknes relates new build no. 776 for the shipping company DOF. TTS is going to supply ROV ports, port hangar, moon pool hatch, cargo hatch and provision port and mooring platforms for each of these vessels. Delivery will be in a periode of December 2012 to March 2013.

The contract with Kleven Maritime relates new build no. 359 is for delivery to REM Offshore. TTS is going to supply ROV doors and hangar door to this ship. Delivery will be in February 2013.

TTS Ships Equipment is a leading designer and supplier of cargo handling and cargo access equipment for a variety of vessel types, including dry cargo ships, reefer ships, RoRo vessels, cruise ships, car and passenger ferries and offshore vessels. Working closely with customers, the company combines knowledge and experience with creativity and innovation to develop optimal solutions for the many logistical demands of handling and accessing unitised cargo. Equipment for Offshore vessels TTS Ships Equipment AS can supply a wide variety of different external doors, moon pool hatch covers, hangar doors, observation platforms, provision platforms and other types of doors.

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Shipbuilding Tribune Staff, June 18, 2012; Image: ttsgroup