Joining forces
In the face of the economic crisis it has been said that for companies to survive they will need to pull together to share expertise
S
haring expertise is one way that companies are seeking to beat the global economic crisis, however,
another trend has been consolidation between companies. Larger companies are starting to buy
up smaller companies and expanding their portfolio to meet clients’ needs better. Recently, TTS Group entered into an agreement to purchase Neuenfelder Maschinenfabrik GmbH (NMF), located in Hamburg, Germany. Te agreement was finalised in the first half of August. Te expected turnover of NMF in 2012
is expected to be NOK660 million (US$108 million). Over the last five years NMF has delivered marine cranes for a value of around
NOK 5.3 billion (US$87 billion). NMF has become a part of TTS existing
activities in Germany, where the existing turnover is in the range of NOK750 million (US$123 million) NMF’s product range is complementary to TTS’ existing range. On the other side of the world, Japanese
yards are issuing licenses to other yards for the construction of deck equipment. Mitsubishi Heavy Industries, Ltd. (MHI) signed an agreement with Imabari Shipbuilding Co., Ltd in Imabari, Ehine Prefecture, Japan, under which MHI licenses will allow the production and marketing of deck machinery. With this licensing, MHI says that it aims
to expand the market share of the Mitsubishi brand of deck machinery production.
Te production of licensed machinery is scheduled to start in April 2013. Te licensed deck machineries consist of
various configuration types and are capable for use in all ships. Hydraulic pumps and motors, which drive the machinery, will be supplied by MHI. Imabari plans to build the deck machinery at the shop in Dalian Imaoka Shipbuilding Co., Ltd. Te deck machinery consists of anchor
windlasses, which are used for anchoring and anchor hoisting, mooring winches. MHI has also licensed deck crane technologies to Jiangsu Masada Heavy Industries Co., Ltd in Nantong, Jiangsu Province and allowed production and marketing of steering gears, earlier this year. NA
Shipboard handling excellence
www.ttsgroup.com
MARINE The Naval Architect September 2012 115
Feature 4
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