TEHO International Receives First Order for Newly Developed Magnaro-Twaron Mooring Ropes

TEHO International Receives First Order for Newly Developed Magnaro-Twaron Mooring Ropes

TEHO International Inc Ltd., a leading offshore marine and engineering equipment and service provider, has received its first order for its new line of Magnaro-Twaron mooring ropes worth approximately US$1 million to supply to four vessels.

Through research and development, TEHO's new mooring ropes are made to last longer and withstand exposure to higher temperatures as compared to traditional mooring ropes. It can also be recycled for other applications such as brake pads.

The orders were received from Berge Bulk, one of the world's leading independent dry bulk shipping owners with an outstanding reputation for the reliable, safe and efficient delivery of commodities around the world with a fleet of over 70 vessels equating to 15 million deadweight tonnage (DWT).

Commenting on the orders received, Mr Lim See Hoe, Executive Chairman and CEO of the Group, said, "We are extremely proud to achieve the successful commercialisation of our newly developed Magnaro-Twaron mooring ropes after many years of extensive research and development."

For the new products, which boasts greater heat resistance capabilities, the Group has placed higher emphasis on the sustainability and impact on the environment in the production and usage of the ropes. As such, the Group hopes that the ability for the Magnaro-Twaron mooring ropes to be recycled for other applications to reduce environmental impacts will be able to translate into greater pickup rates of these ropes in time to come.

The order from Berge Bulk is also a testament to the Group's commitment to providing high quality and innovative products to our customers through the use of technology and extensive research. The Group will continue its efforts to offer high performance products which are also environmentally friendly.