It is reported that TTS Group has signed a contract with a Chinese shipyard through its subsidiary TTS Offshore Handling Equipment AS (OHE) to deliver two offshore cranes worth approximately 50 million Norwegian kroner (US$8.4 million) for one A marine vessel ordered by a Singapore registered shipowner. The crane is expected to be delivered in the second quarter of 2015.
According to the introduction, the contract also includes an alternative ship order, which is expected to be confirmed before November 30, 2013, involving the same supply equipment.
According to the introduction, the contract also includes an alternative ship order, which is expected to be confirmed before November 30, 2013, involving the same supply equipment.
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