First TTS shipset delivered to COSCO/Shanghai Shipyard
TTS Group is proud to announce the delivery of the first of four shipset of TTS deck equipment to COSCO / Shanghai Shipyard.
Reduction of waste volumes in the cargo hold
The patent pending movable deck lifter, TTS Intelligent Movable Deck Lifter (IMDL), developed by TTS help reduce waste volumes onboard PCTC vessels (Pure Car Truck Carriers) due to new and improved technique.
TTS releases intelligent flush station
TTS Marine AB releases an intelligent flush station, the patent pending TTS IFS-70™, which help save hydraulic installation time on merchant vessels by a factor of 10 times.
TTS introduces Cranes for the Future
In line with tomorrow’s lifting requirements and performance demands, TTS has developed an exclusive portfolio for offshore heavy lift operations.
TTS continues improvement of results
TTS Group continues the positive development through third quarter. The company reports an operating profit (EBITDA) of MNOK 41 in the third quarter 2016, compared to a loss of MNOK 12 for the same period in 2015. The order intake was strong, up 30% compared to the same period in 2015.
Positive operating profit in the second quarter
Despite difficult market conditions in some segments, TTS Group continues the positive development through second quarter. The group reports an operating profit (EBITDA) of MNOK 32 in the second quarter 2016, in line with the same period in 2015. For the first half, EBITDA was MNOK 59, an increase from MNOK 34 in the corresponding period last year.
Strengthened operating profit and stable order intake for TTS in Q1
The TTS Group reported an operating profit before interest, taxes and depreciation (EBITDA) of MNOK 26 for the first quarter of 2016, compared to a zero result for the same period last year. For this quarter the Group reported a profit before tax of MNOK 10.
Toril Eidesvik new CEO of TTS Group ASA
Toril Eidesvik (48) has been appointed as new CEO of TTS Group ASA after Björn Andersson (69). She enters the position immediately and resigns as Director of the Board of the company.
TTS equipped RoRo completes Airbus logistics chain
A third state-of-the-art vessel, purpose-built to support the Airbus logistics chain, and equipped by TTS, was delivered on 21 April 2009 by Singapore Technologies Marine Shipyard to Fret Cetam SA, the joint venture between Höegh Autoliners and Louis Dreyfus Armateurs.