TTS Group ASA: Chinese shipyard order more TTS cranes


TTS Group ASA has secured a contract with Cosco (Dalian) Shipyard Co., Ltd in China for a shipset of cargo cranes and hatch covers. The total order value is approximately 25 MNOK.

The contract is for the third vessel in a series, and follows a similar announcement in October 2017 for the first two shipsets. The equipment is for use on multi-purpose vessels. Deliveries will be completed in 2nd half of 2018.

Bergen, 16 January 2018

TTS Group ASA
http://www.ttsgroup.com

Contact persons:

Toril Eidesvik
CEO
M: +47 900 78 218

Leiv Kallestad
CFO
M: +47 958 95 661

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.