TTS – Contract for the Marine Division 26.02.2010

Through its subsidiary TTS Ships Equipment AB in Gothenburg, the Marine Division has landed a contract worth approximately NOK 26m for delivery of ships equipment. The delivery will take place in January 2011.

The contract with Keystone Shipping Co in US concerns delivery of a stern slewing ramp and a stern door to one vessel in the Cape R series operated by Keystone for Marad.

The delivery includes construction and complete delivery of a stern slewing ramp and stern door with a total weight of more than 300 tones.
The contract also includes an option for delivery of an identical shipset to a third vessel in the class.

Other contracts for the Marine Division
Through it’s German subsidiaries TTS-LMG Marine Cranes GmbH and TTS Kocks GmbH, the Marine Division has landed orders for ships equipment accumulating to a total of NOK 39m in 2010.

Bergen 26 February 2010

Contact person:

Johannes D. Neteland  
President & CEO 
Tel +47 918 46 906

TTS Group ASA
Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01


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