TTS Group ASA has, through its 50/50 owned companies TTS-SCM and TTS Hua Hai in China, signed new contracts for delivering of marine equipment packages to four new multipurpose heavy lift vessels. The total order value is approx. MNOK 45.

The contracts are signed with Guangzhou Wenchong Shipyard Co., Ltd. TTS's delivery includes SWL 150t heavy lift cranes and lift on/lift off hatch covers.

The deliveries will take place during 2017- 2018.

Bergen, 7th July 2016

TTS Group ASA

Tel.: + 47 55 94 74 00
www.ttsgroup.com

Contacts:

Toril Eidesvik
CEO
M: +47 900 78 218

Henrik Solberg-Johansen
CFO
M: +47 982 06 438

Miao Reinlund
SVP Corporate Communications
M: +47 900 65 883

TTS Group ASA published this content on 07 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 July 2016 11:45:03 UTC.

Original documenthttp://www.tts-marine.no/IR/Statements-to-OSE/New-contracts-for-marine-equipment-packages/

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