Recently, TTS Group ASA has received two contracts through its subsidiary TTS Ships Equipment AS to provide side loader systems and cranes worth approximately 100 million Norwegian kroner (about $175.645 million).
The first contract, from London-based ship owner Star Reefers, will deliver side loading systems for its four refrigerated vessels, each of which will be upgraded with three systems to increase loading capacity and the system is expected to be delivered in the second half of 2013.
The second contract came from a Norwegian shipowner, providing cranes for two offshore vessels built in European shipyards, each with three cranes, which are expected to be delivered in the fourth quarter of 2013 and the first quarter of 2014.
The first contract, from London-based ship owner Star Reefers, will deliver side loading systems for its four refrigerated vessels, each of which will be upgraded with three systems to increase loading capacity and the system is expected to be delivered in the second half of 2013.
The second contract came from a Norwegian shipowner, providing cranes for two offshore vessels built in European shipyards, each with three cranes, which are expected to be delivered in the fourth quarter of 2013 and the first quarter of 2014.
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