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Press Release

Leading position in post-Panamax market reinforced

TTS Group ASA has, through its subsidiary TTS Marine AB in Gothenburg, signed two separate contracts with Hyundai Heavy Industries in South Korea with a total value of MNOK 118.

The new agreements concern delivery of Cargo Access Equipment to two new Post-Panamax Car Carriers under construction, as well as an increased scope of supply for an existing contract with the Hyundai Group. All deliveries will be completed during 2015.

The contracts is signed only few weeks after TTS Group ASA announced delivery of four ship-sets of cargo access equipment to four post-Panamax car carriers, with a total value of MNOK 209.


2014-04-28

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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