On-line supplement
to the Maritime Market magazine

TTS Group ASA: New contracts for multipurpose cranes to China

TTS Group ASA has, through its subsidiary TTS NMF GmbH in Hamburg, Germany, signed new contracts for delivery of multipurpose cranes to China. The contract value is MNOK100.

The contract is signed with Huanghai Shipbuilding Co. Ltd. (China) for delivery of heavy lift cranes to 5 eco-efficient multi-purpose vessels.  Four vessels will be equipped with 2 x 250 tons + 1 x 80 tons SWL (Safe Working Load) cranes. And one vessel will be equipped with 2 x 250 tons cranes.

With the new orders, TTS NMF has obtained a total of 18 x 250 tons cranes, and 4 x 80 tons SWL cranes within one month.

The respective crane deliveries will take place throughout 2014 and 2015. The order is a 100% repeat of earlier successful deliveries to same shipyard.

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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• PALFINGER intends to make a takeover bid for Norwegian TTS Group ASA