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Press Release

More TTS equipped car carriers to come

TTS Marine AB continues to equip the world's fleet of car carriers with cargo access equipment and two additional contracts have been received to supply ro-ro equipment to four further car carriers.

marinepicturepr02032010The first contract was signed with Hyundai Heavy Industries for delivery of cargo access equipment to two newbuildings, hull no 2399 and 2400. The vessels are 6,500 units PCTC ordered by Glovis, a logistic company in the Hyundai Group.

The equipment to be delivered consists of quarter and side ramps, internal ramps and covers including hydraulic and electric systems. The equipment has a gross weight of about 615 tonnes per vessel. The vessels are similar to a series of vessels, in total 16 vessels under construction or delivered, to which TTS has delivered the ro-ro equipment. The vessels will be delivered to Glovis by January and March 2012, respectively.

The second contract was received from Mitsubishi Nagasaki yard for delivery of ro-ro equipment to two car carriers ordered by Wilhelmsen and Wallenius for service within the WWL network. The vessels are 6,400 units PCTC vessels and are number 11 and 12 in a series of car carriers built for Wilhelmsen at the same yard and with TTS equipment.

The ro-ro equipment to be delivered consists of quarter and side ramps, internal ramps and covers with hydraulic and electric systems. The total weight of the delivery is about 635 tonnes per vessel and the delivery includes complete equipments and supervision of installation. The vessels are due for delivery to the Owner by August and November 2012, respectively.

During second half of last year TTS Marine AB delivered equipment to another ten car carriers.  Hyundai has delivered four vessels to Eukor, Hyundai Samho has delivered three vessels to TMT and Hyundai Mipo has delivered another three vessels to Ray Shipping.


2011-03-02

Please see TTS Group ASA company electronic office

For further information, please contact
Bjorn Andersson,
CEO & President,
TTS Group ASA,
Phone (+47) 911 33 671

Henrik Solberg-Johansen,
CFO TTS Group ASA,
phone (+47) 982 06 438

Miao Reinlund,
Vice President Corporate
TTS Group ASA,
phone (+ 47) 900 65 883

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