TTS Group ASA has, through its subsidiary TTS Ships Equipment AS, signed two contracts regarding sideloading systems and cranes worth approx. 100 MNOK.
The first contract is with Star Reefers of London and regards delivery of Sideloading Systems for four reefer ships. The ships are to be upgraded with three sideloading systems each, an installation that handles both pallets and cars. The upgrade increases load capacity and reduces port turnaround. Delivery will take place during the second half of 2013.
The second contract is for a Norwegian shipowner and regards cranes on two offshore vessels being built at a European shipyard. Each ship will have three cranes installed. Delivery will take place during Q4 of 2013 and Q1 of 2014.
Bergen 7 November 2012.
Contact persons:
Johannes D. Neteland
President & CEO
Tel +47 918 46 906
Arild Apelthun
CFO
Tel +47 918 19 265
Miao Reinlund
VP Communications
Tel. +47 900 65 883
TTS Group ASA
Tel.: +47 55 94 74 00
Fax: +47 55 94 74 01