First TTS Shipset Delivered to COSCO Shanghai Shipyard
TTS Group announced the delivery of the first of four shipset of TTS deck equipment to COSCO Shanghai Shipyard. In April 2015, Shanghai Shipyard Co. Ltd., part of the China State Shipbuilding Corporation (CSSC), ordered various TTS deck equipment for four 28.000 DWT Multipurpose Heavy Lift Vessels. The first official hand over took place this week end. The vessels are part of the ongoing fleet extension program of China Ocean Shipping (Group) Company (COSCO). COSCO already operates eight identically constructed vessels (Da Type 3) with a maximum lifting capacity of 700t in tandem operation – the largest cranes in the fleet, all made by TTS NMF. Each ship is equipped with two heavy lift cranes of proven TTS NMF type DK II with SWL 350t and one TTS NMF type DK II SWL 100t lifting capacity.
A Billion to One Shot
TTS has set its sights on becoming a billion euro business and is focusing on China as a key growth driver. Through long-term joint ventures with state-owned Chinese concerns, TTS has established itself as the leading (and largest) Norwegian business in China. Ivar K. Hanson, the chief operating officer of marine, offshore and ports and logistics equipment supplier TTS Group, has adopted the diplomatic smile of an experienced politician. He’s batted away a question about the tense…
