V e n e z u e l a n Y a r d A w a r ds $ 1 . 2 - M i l l i o n Production Line C o n t r a c t To TTS

Total Transportation Systems, Inc. (TTS) of Newport News, Va., announced recently it was awarded a $1.2-million contract for a panel production line with associated welding equipment by Diques Y Astilleros Nacionales C.A. (DIANCA) of Puerto Cabello, Venezuela.

Rear Adm. Carlos Paez Celis, president of DIANCA, stated that the panel line will significantly enhance the yard's capability to compete in the new construction market. The new installation will initially be employed in construction of a 5,000-ton floating drydock which DIANCA has on order; however, the line is designed to suit a wide range of applications.

The order marks Total Transportation System's first installation in Latin America. The TTS Group, headquartered in Norway, has installed mechanized production lines and custom-designed material-handling systems in about 50 shipyards worldwide, including several installations in the U.S. In addition to the order from DIANCA, TTS is supplying equipment to shipyards in the Far East, Europe, and the U.S., and is engaged in development of material-handling systems for offshore industry customers.

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Maritime Reporter Magazine, page 42,  Mar 1983

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.