TTS Group ASA has, through its subsidiary TTS NMF GmbH in Hamburg, Germany, entered a contract with Hyundai Mipo Dockyards Co. Ltd. in Ulsan, South Korea with a total value of NOK 40 million.
The contract concerns delivery of cargo cranes to Ray Shipping Ltd. for 4 x 61.000 DWT bulk carriers.
The deliveries will take place from 2014 to 2016.
Bergen, 09th December, 2013
TTS Group ASA
Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01
http://www.ttsgroup.com
Contact persons:
Björn Andersson
CEO
M: +47 911 33 671
Arild Apelthun
CFO
M: +47 918 19 265
Miao Reinlund
VP, Communications
M: +47 900 65 883
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.