The TTS deck equipment delivery are for six 28,000dwt
Multipurpose Heavy Lift Vessels. COSCO already operates eight
identically constructed vessels. Each ship is equipped with the
proven TTS NMF type DK II, two with SWL 350t and one with
100t lifting capacity.
The order is placed by Shanghai Shipyard Co. Ltd., part of the
China State Shipbuilding Corporation (CSSC).
“This contract is a milestone for our new company, as well
for the TTS Group,” says CEO Bjo¨rn Anderson. “We have firmly
believed that the new company will improve and gain a
competitive position in the market. Now we have the first proof
for choosing a proper strategy,” he says
“As initial order for the new Joint Venture it is a very
important project for TTS, SCM and CSSC,” says Geir Storaas,
Chairman of TTS SCM. “The new Joint Venture allows us to
combine high end technology with a most competitive position
in the heavy lift market,” he adds.
BASED ON EXPERIENCE
Formally the new joint venture company is established by TTS
subsidiary,TTS NMF, based in Hamburg, Germany in partnership
with CSSC-controlled South China Marine Machinery.TTS NMF
has been the leading global provider of heavy lift cranes for
decades and in order to maintain this position,TTS now ramps
up its heavy lift crane operations in the Middle Kingdom.
The company will target a market where the shipbuilding has
predominantly moved to China. The company will focus on
heavy lift cranes for general cargo and multipurpose vessels as
well as on the market for various offshore workboats and supply
In addition to reducing costs and securing market access, the
establishment of the new company is also a response to
stronger demands from Chinese authorities that equipment for
vessels built by Chinese yards ought to be made in China.
“In many ways, the Chinese are now creating the same kind
of maritime infrastructure as Japan did in the 1970s, and the TTS
Group intends to be a part of this development.While other
internationals increasingly turn away from partnerships with
Chinese players and start their own businesses on Chinese soil
from scratch, joint ventures will continue to be TTS’s preferred
avenue for getting a stake in the Chinese market for cargo
handling solutions. We believe that a joint development on equal
footing will be the best for both parties and also find it natural
to support CSSC’s strategy of localizing the entire value chain
close to their main market,” says Bjo¨rn Andersson.
Although the majority of the ship-owners in the general
cargo/multipurpose vessel segment are still European, they will
face strong competition from Chinese players in the future.
China Ocean Shipping Company (COSCO) has expressed a
clear ambition to become the world’s largest general
cargo/multipurpose vessel fleet operator.
OFFERS FULL RANGE OF HEAVY-LIFT CRANES
TTS-SCM will offer marine cranes from 100 to 800 tonnes, suited for a range of heavy lifts and project cargo, as well as
lattice boom cranes up to 1,500 tonnes for various offshore
work boats and supply vessels. The company will carry out
development, design, manufacturing and assembly of cranes.
“By combining TTS NMF’s design and state-of-the-art
technology with the utilization of local production facilities, the
new joint venture will be able to offer a wide range of
TTS-branded heavy lift cranes to CSSC and other important
Chinese shipbuilders — with the advantages of competitive
pricing and quick delivery. I believe that the new company will
be an obvious contender for the heavyweight title in the
Chinese crane market,” says Andersson.
The new joint venture is located in Guangzhou, the capital
and the largest city of the Guangdong province in South China
and an important trade and industry hub.
THE TTS GROUP
The TTS Group ASA is an international group that develops and
supplies equipment, cargo handling solutions and associated
services for the marine and offshore industries.
The TTS Group’s global operations counts a total of 1,100
employees with an emphasis on engineering skills. The group has
subsidiaries in Brazil, Finland, Greece, Italy, China, Korea, Norway,
Poland, Singapore, Sweden, Germany, USA and Vietnam.