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Nekkar — Regulatory Filings 2014
Aug 13, 2014
3669_iss_2014-08-13_7883b91b-243c-4d08-8da5-afbcc1a2d083.html
Regulatory Filings
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TTS Group ASA : Further strengthened in the post-Panamax market
TTS Group ASA : Further strengthened in the post-Panamax market
TTS Group ASA has, through its subsidiary TTS Marine AB in Gothenburg, Sweden,
signed two firm contracts for delivery of cargo access equipment to in total six
car carriers. The total order value is approx. 137 MNOK.
The first contract is signed with Hyundai Heavy Industries, Ulsan, 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 is signed with Nantong COSCO KHI Ship Engineering Co, Ltd
(NACKS), Nantong, China. This contract concerns the complete deliveries to two
3,800 units LNG-driven car carriers which are currently under construction. The
TTS deliveries will be completed during 2016.
TTS has in recent years developed a strong position as a preferred supplier
within the emerging post-Panamax PCTC market, which is further strengthened
through these contracts.
Bergen, 13(th) August 2014
TTS Group ASA
Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01
http://www.ttsgroup.com
Contact persons:
Björn Andersson
CEO
M: +47 911 33 671
Henrik Solberg-Johansen
CFO (interim)
M: +47 982 06 438
Miao Reinlund
VP, Communications
M: +47 900 65 883
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
[HUG#1848501]