Korean Shipyard Awards Deck Equipment Contract to TTS Group

TTS Group has, through its subsidiary TTS Marine GmbH in Bremen, Germany, signed a contract for deck equipment with a value of approx. 25 MNOK (about $4.2 million).

The contract concerns delivery of anchor and mooring winches for LNG carriers for a major Korean shipyard. The deliveries will take place in 2014/2015.

About the company:

Bergen-headquartered TTS is a global enterprise that designs, develops and supplies equipment for the marine and offshore industries. TTS is one of the top three largest suppliers in its specialised market segments. TTS is listed on the Oslo Stock Exchange and the group’s annual turnover is in the region of MNOK 2 500.

TTS Group, September 10, 2013

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