06.03.2006

TTS Marine cranes to produce in Brazil

Norway’s TTS Marine Cranes and Germany’s TTS Kocks are to sign a production agreement with Brazil’s Techlabor Engenharia Equipamentos E Servicos Ltda, of Sao Goncalo, for the local production of TTS designs covering such equipment as deck cranes, winches and capstans..

The deal is driven by the anticipation that a spate of new ship building orders form Brazilian owners such as Transpetro, will be placed with Brazilian yards, with equipment supplied from Brazilian sources. The oil transportation company, Transpetro, a wholly-owned subsidiary of state-owned oil major Petrobras, for example is believed to be about to commence a new building programme involving some 22 tankers in Brazil.