New contracts for heavy lift cranes 18.05.2017

TTS Group has signed new contracts for totally 18 heavy lift cranes. The cranes are for multipurpose vessels under construction at a Chinese shipyard. The total order value is approx. 240 MNOK.

The crane contract is signed through the 50/50 owned subsidiary TTS SCM Marine and Offshore Machinery Co., Ltd. (TTS SCM), established by TTS Group and South China Marine Machinery (SCM) in 2015.

Equipment deliveries will take place during 2018 - 2019.