On-line supplement
to the Maritime Market magazine

TTS - Contracts to TTS Marine division

TTS Group ASA's subsidiary TTS Ships Equipment AS in Bergen signed contracts worth approximately NOK 88m

Oct. 19. 2011 - Today TTS Ships Equipment landed a contract with Tsuji Heavy Industries Co.LTD, China. The contract concerns delivery of side loading system, stern ramp, elevator and cranes for 2 vessels. The deliveries will take place in 2012 and 2013. TTS Ships Equipment has options for delivery of similar equipment for 2 additional vessels.

Furthermore earlier this month TTS Ships Equipment signed three contracts:
 - The contract with Gozo Channel company concerns delivery of hoistable cardecks for a car carrier. The delivery will take place in 2012.
 - The contract with STX OSV Trading concerns delivery of side loading system and cranes for 3 vessels. The delivery will take place in 2012. TTS Ships Equipment has options for delivery of similar equipment for two additional vessels.
 - The contract with Myklebust Verft AS concerns delivery of 3 cranes for ships under construction for Sanco Shipping AS. The delivery will take place in 2012.

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

Company press releases

• First TTS shipset delivered to COSCO/Shanghai Shipyard
• New contract for cargo access equipment
• New contract for cargo access equipment
• 3.500 ton shiplift order to Kuwait Oil Company
• PALFINGER intends to make a takeover bid for Norwegian TTS Group ASA