Search results for: TTS Marine

82908 results

A list of search results

  • 21 March 2012

    Through its subsidiary TTS Ships Equipment AS, TTS Group ASA’s Marine division has signed a contract worth approximately NOK 23 million (approx USD 3.5 mln). The contract is with Hyundai Heavy Industries Co., LTD. in Korea and concerns delivery of offshore and marine cranes for three ships. The contract contains two options. The delivery will […]

  • 11 March 2014
    Business & Finance, Equipment

    The 200 tonne Leg Encircling Crane is based on the design principles of the TTS NMF in-house developed 900 tonne heavy lift offshore crane, which was installed on board the jack-up vessel Aeolus

  • 6 June 2012
    Business & Finance

    TTS Group ASA announced it has finalized its sale of the drilling equipment business to Cameron in an all cash transaction. CEO & President of TTS Group, Johannes D. Neteland said: ” This divestment is an active step by TTS to participate in the on-going further developments of the drilling equipment industry, and is industrially […]

  • 20 September 2018
    Business & Finance, Equipment

    TTS Group has signed two new contracts worth approximately NOK 46 million ($5.61 million).

  • 12 March 2012

    Through its subsidiary TTS Energy AS, TTS Group ASA’s Energy division has signed a contract worth approximately NOK 65 million. The contract is with Kleven Verft AS in Norway and concerns delivery of a subsea crane. The delivery will take place in May 2013. This contract includes an option of two identical cranes with respective […]

  • 14 April 2015
    Equipment

    Norwegian TTS Group ASA has, through its new 50/50 joint venture company TTS-SCM Marine and Offshore Machinery Co., Ltd. in China, entered into a contract for delivery of marine equipment packages, consisting of heavy lift cranes, hatch covers and winches to six new multipurpose heavy lift vessels. The package equipment approach brings the total order […]

  • 11 December 2014
    Business & Finance

    Norway’s TTS Group ASA has informed that its director Jan Magne Galåen has resigned.  Galåen resigned his position after accepting another one at Carnegie Investment Banking (Corporate Finance) from January 2015. According to TTS, in his new position Galåen is not permitted to hold directorships in listed companies. Galåen has been a member of the Board of TTS Group […]

  • 5 November 2013
    Business & Finance

    The Board of TTS Group ASA has entered into an agreement with Johannes D. Neteland regarding termination of his position as CEO of TTS Group ASA effective from today, November 5(th). The Board has decided to constitute Björn Andersson in the position until further notice. The Board of TTS Group ASA will begin the search for a new […]

  • 20 June 2016
    Equipment

    Austrian crane specialist Palfinger Marine is looking to acquire the Norwegian cranes and offshore access systems provider TTS Group. Palfinger, via its subsidiary Palfinger Marine, will offer NOK 5.60 in cash for one TTS share in the event of a positive due diligence outcome. The board of directors of TTS has resolved that shareholders of […]

  • 6 November 2018
    Business & Finance

    MacGregor has received a clearance decision from the German Federal Cartel Office for the acquisition of the marine and offshore businesses of TTS Group.

  • 25 March 2014
    Business & Finance, Equipment, Project & Tenders

    TTS Group ASA has, through its subsidiary TTS Offshore Handling Equipment AS in Bergen signed a new contract for delivery of a subsea crane. Value of the contract is approximately NOK 35 million. The contract is with a European customer, and concerns delivery of an active heave compensated subsea crane. The delivery will take place […]

  • 9 July 2012
    Business & Finance

    TTS Group ASA has entered into an agreement to purchase Neuenfelder Maschinenfabrik GmbH (NMF), located in Hamburg, Germany. Closing is expected to be finalized in the first half of August 2012. Expected turnover of NMF in 2012 is 660 MNOK (88 MEUR). The last 5 years NMF has delivered marine cranes for a value of […]

  • 21 August 2012

    NMF supplies heavy lift cranes and has 130 employees located in Hamburg, Germany. The product range of NMF will complement and strengthen TTS’s market position for marine and offshore cranes. The expected turnover for NMF in 2012 is around MNOK 660 (88 MEUR). At the end of May 2012 NMF had an order reserve of […]

  • 2 November 2015

    TTS Business Unit Offshore, a part of TTS Group ASA, has decided to implement further temporary workforce reductions with immediate effect, citing current offshore market situation.  Bergen-headquartered TTS Group is a company that designs, develops and supplies equipment for the marine and oil and gas industries. The reductions will be implemented in its subsidiaries in Norway and Poland. […]

  • 21 August 2012
    Business & Finance

    NMF supplies heavy lift cranes and has 130 employees located in Hamburg, Germany. The product range of NMF will complement and strengthen TTS’s market position for marine and offshore cranes. The expected turnover for NMF in 2012 is around MNOK 660 (88 MEUR). At the end of May 2012 NMF had an order reserve of […]

  • 31 December 2018
    Business & Finance, Equipment

    MacGregor, part of Cargotec, has received a clearance decision from the South Korean Fair Trade Commission on the company’s acquisition of the marine and offshore businesses of TTS Group. MacGregor announced the approval from the German regulator on 6 November 2018 but is still waiting for the approval from the competition authority in China. Norwegian-headquartered […]

  • 7 February 2012

    TTS Group ASA has through its subsidiary TTS Handling Systems AS in Drøbak, Norway signed a contract worth approximately MNOK 20 (approx USD 3.5 million). The contract with Samho Ltd. in South Korea concerns a shiplift for the South Korean Navy. Samho Ltd is responsible for building parts of the naval base located in Donghae. […]

  • 25 April 2016
    Business & Finance

    TTS Group, a provider of equipment for the marine and oil and gas industries, has appointed Toril Eidesvik as new CEO of the company with effect from April 24, 2016. Eidesvik follows Björn Andersson and resigns as Director of the Board of TTS Group. Toril Eidesvik has previously been CEO of Green Reefers and EMS […]

  • 21 August 2012
    Business & Finance

    TTS Group ASA has completed the acquisition of Neuenfelder Maschinenfabrik GmbH (NMF) at a price of MNOK135 (17.5 MEUR). NMF supplies heavy lift cranes and has 130 employees located in Hamburg, Germany. The product range of NMF will complement and strengthen TTS’s market position for marine and offshore cranes. The expected turnover for NMF in […]

  • 10 August 2012
    Business & Finance

    TTS Group ASA, through its subsidiary TTS Handling Systems AS, has signed two contracts of ship handling systems with a total value of approximately NOK 50 million – one with Samho Ltd. in South Korea and the other with Pella Shipyard in Russia. The contract with Samho Ltd. is for two shiplifts. The shiplifts will […]

  • 6 June 2012
    Business & Finance, Equipment

    Norway’s TTS Group ASA today announced it has finalized its sale of the drilling equipment business to Cameron International Corporation for USD 270 million, plus a turnover based earn-out model for a three-year period. CEO & President of TTS Group, Johannes D. Neteland said: “This divestment is an active step by TTS to participate in […]

  • 5 November 2013
    Business & Finance

    The Board of TTS Group ASA has entered into an agreement with Johannes D. Neteland regarding termination of his position as CEO of TTS Group ASA effective from today, November 5(th). The Board has decided to constitute Björn Andersson in the position until further notice.  The Board of TTS Group ASA will begin the search […]