TTS Group Strengthens Its Position in Chinese Market

Through a new contract for heavy lift crane deliveries to China, TTS Group ASA has strengthened its position as a key supplier for the important Chinese market. The cranes are for use on a Cargo Training Vessel (MPCV), and will be of great importance for future training of highly educated Chinese crane operators.

TTS Group ASA has entered into the contract through its subsidiary TTS NMF GmbH in Hamburg, Germany. The contract includes three heavy lift cranes, with a total value of NOK 27 million (approx. USD 4.3 million).

The cranes will be used on a new training vessel owned by Dalian Maritime University in China, one of the largest and best maritime universities and the only key maritime institution under the Ministry of Transport in China. Students from this university have become the backbone of China’s shipping industry.

The contract package consists of two 240 tonne and one 50 tonne heavy lift cranes. The cranes are of a type where TTS NMF is highly experienced. Through this contract TTS NMF also otherwise has strengthened its already solid foothold in this market segment.

TTS Group, January 13, 2014

Share this article

Follow World Maritime News

In Depth>


<< Jul 2019 >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >