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TTS Signs Another PCTC Contract to Korea

Maritime Activity Reports, Inc.

August 21, 2015

TTS Group ASA has through its subsidiary TTS Marine AB in Gothenburg, Sweden entered into a new contract for delivery of cargo access equipment to two pure car/truck carriers (PCTC). The total order value for the two ship-sets is approx. NOK 40 million (approx. USD 4.9 million).

The PCTCs are on order at Hyundai Samho Heavy Industries in South Korea. The TTS deliveries will be completed during 2016.

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