New Cargo Crane Contract for TTS NMF
- Business & Finance
TTS Group ASA has, through its subsidiary TTS NMF GmbH in Hamburg, Germany, entered a contract with Hyundai Mipo Dockyards Co. Ltd. in Ulsan, South Korea with a total value of NOK 40 million (approx. USD 6.5 million).
The contract concerns delivery of cargo cranes to Ray Shipping Ltd. for 4 x 61.000 DWT bulk carriers.
The deliveries will take place from 2014 to 2016.
TS Group ASA, December 9, 2013