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.
“This contract again confirms that TTS NMF has gained a foothold in the offshore market. The cranes are customized for the Caspian Sea’s harsh environment
condition and enabling efficient load-handling. In 2013 TTS NMF already receive 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,” TTS said in a press release.
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 deliveries are scheduled for July 2015.
January 02, 2014