Through its subsidiary TTS Marine GmbH in Bremen, TTS Group ASA has signed contracts worth approximately 205 million NOK. The contracts are subject to owner’s approval. The delivery concern electric-driven winch systems for 20 container carriers at Daewoo Shipbuilding & Marine Engineering Co., Ltd in South Korea.
The deliveries will take place within 2012 – 14.
(205 million Norwegian kroner = 36.064215 million U.S. dollars)
[mappress]
Source: ttsgroup, November 11, 2011