TTS Receives $5.5-Million Contract In Shipyard Modernization
Total Transportation Systems (International) A/S (TTS) recently announced the receipt, through its United Kingdom subsidiary, of a $5.5-million contract to significantly modernize the steel fabrication facilities at Kvaerner Govan Limited in Glasgow, Scotland.
The historic Govan shipyard, which last year was bought by the Norwegian Kvaerner Group, plans to become of one Europe's most productive shipbuilders through the introduction of state-of-the-art technology. Its contract with TTS includes a new panel production line, a web line, a profile cutting line, and a new automated plant for shotblasting and painting of plates and profiles.
The custom-designed equipment will be engineered by TTS in Norway, and will be manufactured by Norwegian and British subcontractors. All welding equipment as well as a numerically controlled cutting machine will be supplied by the Swedish ESAB Group. ESAB is a world leader in welding and cutting technology and a partner in TTS's shipbuilding activities.
The new equipment will be delivered in the second half of this year. The contract includes installation, operator training, and start-up assistance. Prior to winning the contract, TTS provided consulting assistance to analyze the yard's material flow and advise on the most cost-effective technical solutions. TTS recently received a similar but smaller contract from a prominent German shipyard. Together, the two contracts confirm TTS's leading position as a supplier of shipyard production lines, resulting from the company's determined efforts to develop new shipbuilding technology.
According to Einar Pedersen, managing director of TTS, the outlook for the international shipbuilding industry is now rapidly improving after several difficult years. As a consequence, TTS is currently having discussions with several shipyards wishing to expand or modernize their facilities, and there is a new interest among shipbuilders to take advantage of new technology to improve productivity.
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