TTS Group Receives Offshore Cranes Contract (Singapore)

TTS Group ASA has through its subsidiary TTS Offshore Handling Equipment AS Bergen signed a contract with a value of approx. 50 million.

The contract with Chinese shipyards and the delivery of two offshore cranes for an offshore vessel commissioned by a company in Singapore.

Delivery will take place in the second quarter of 2015.

The contract includes an option that must be exercised within 30 November 2013 for identical specification. 

 

Press Release, July 22, 2013

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