TTS Group Signs Two Contracts for Mooring Equipment

TTS Group ASA has, through its subsidiary TTS Marine GmbH in Bremen, Germany, signed two contracts for anchor and mooring winches with a total value of NOK 36 million (USD 5.8 million).

The contracts means that even more ships are adopting TTS’ products. The first contract is for three LNG Carriers for a Canadian owner. The second contract is for three large Container Vessels for a German owner.

The deliveries will take place within 2014 to 2016.

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TTS Group, December 10, 2013