Marine Cranes Lands Order from Davie Shipyard

TTS Marine ASA’s Marine Cranes Division has through its subsidiary TTS Marine Cranes AS, Bergen, Norway landed a contract worth approximately NOK 38m for delivery of 3 offshore cranes to the yard Davie Quebec Inc., Quebec, Canada.

The cranes shall be delivered to 3 offshore construction vessels which are under construction for the CECON ASA shipping company. Delivery of the cranes will take place during spring 2009.