BRIEF-TTS Group: three offshore and deck crane contracts

miércoles 15 de abril de 2015 05:10 GYT

April 15 (Reuters) - TTS Group ASA :

* Entered into three new agreements for delivery of offshore and deck cranes with a total order value of about NOK 105 million Norwegian crowns ($13.20 million)

* Main contract is with Triyards Marine Services Pte Ltd. in Singapore for delivery of two active heavy compensated (AHC) subsea cranes or two vessels contracted by an Indian owner

* Says deliveries will take place in Q2 and Q3 in 2016

* Says two other contracts are for shipyards respectively in Argentina and Norway

* Says Argentinian yard has ordered three deck cranes for a product carrier

* Says delivery will be in about 10 months

* For Norwegian shipyard Kleven Verft, TTS will deliver deck cranes for six offshore vessels to be built for Maersk

* Delivery time will be 12-16 months

Source text for Eikon:

Further company coverage: ($1 = 7.9610 Norwegian crowns) (Gdynia Newsroom)