TTS Group to Deliver Cranes to China

TTS Group ASA , through its subsidiary TTS NMF GmbH in Hamburg, has signed a contract for delivery of cargo cranes to China.

The value of the contract  is NOK 56 million ( USD 9.4m).

The contract is signed by Jiangsu Yichun Wujiazui Shipbuilding Industry Co. Ltd. in Nanjing, China, and it stipulates four cranes per ship set to six 48,500 tdw general cargo carriers.

The deliveries will take place within March 2015 and June 2016.

TTS Group ASA is a global enterprise that designs, develops and supplies equipment solutions and services for the marine and offshore industries. 

[mappress]

May 27, 2014