TTS Group ASA announced that its subsidiary, TTS Marine AB, has signed two contracts for delivery of cargo access equipment to six car carriers, two of which are fuelled by LNG.
The total order value is approximately NOK 137 million.
The first contract was signed with Hyundai Heavy Industries, South Korea. The contract concerns the deliveries to four post-Panamax car carriers, which are currently under construction at Hyundai Samho Heavy Industries in Mokpo. The TTS deliveries will be completed during 2015.
The second contract has been signed with Nantong COSCO KHI Ship Engineering Co, Ltd (NACKS), Nantong, China. This contract concerns the deliveries to two LNG-fuelled car carriers, which are currently under construction. The TTS deliveries will be completed during 2016.
Adapted from press release by Katie Woodward