TTS to Deliver Cranes to India

TTS Group's Energy Division has through its subsidiary TTS Energy Bergen signed a contract of more than 40 MNOK for deliveries of two offshore cranes with lifting capacity of 100 tons and 15 tons respectively.

The largest crane is also equipped with active heave compensation system.

The cranes will be installed in a newbuild at ABG Shipyard in India. The deliveries will take place during spring 2011.