TTS Marine Division Bags SHI Contract (Germany)

Through its subsidiary TTS Marine GmbH in Bremen, TTS Group ASA has signed a contract worth approximately 30.0m NOK.

The contract with Samsung Heavy Industries in South Korea concern delivery of electro-hydraulic driven winch systems for 4 LNG Carriers for a Greek owner.

The delivery will take place within 2013 – 14.

[mappress]

Source: TTS Group, August 3, 2011;