TTS Group Receives Offshore Cranes Contract (Singapore)
- Business & Finance
TTS Group ASA has through its subsidiary TTS Offshore Handling Equipment AS Bergen signed a contract with a value of approx. 50 million.
The contract with Chinese shipyards and the delivery of two offshore cranes for an offshore vessel commissioned by a company in Singapore.
Delivery will take place in the second quarter of 2015.
The contract includes an option that must be exercised within 30 November 2013 for identical specification.