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2008 August 25   13:36

TTS Marine ASA wins NOK65m winch systems order from Korean shipyard

Norwegian marine and offshore systems and equipment provider TTS Marine ASA said on Monday (25 August) that its German subsidiary, TTS Kocks GmbH, has secured a NOK65m equipment contract from a South Korean shipyard.
The order covers electrical winch systems for nine container vessels and will be delivered during the first quarter of 2009.
TTS Kocks is part of TTS Marine's Deck Machinery division.
TTS Marine, headquartered in Bergen, Norway, is an international technology group supplying handling equipment to the marine and offshore industry. The group has 800 employees in 11 countries and has annual sales of NOK1.6bn.
One British pound (GBP) is worth approximately 9.94 Norwegian kroner (NOK).

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