TTS Group ASA has through its subsidiary TTS Handling System AS in Drøbak, Norway signed a contract worth approximately NOK 21m.
The contract with Baku Shipyard in Azerbaijan concerns a ship transfer system for the shipyard. Owners of the shipyard are Singaporean based Keppel Fels and Azerbaijan state owned Socar.
The delivery will take place during Q4 2013.
Bergen 26th October 2011
Contact persons:
Johannes D. Neteland
President & CEO
Tel +47 918 46 906
Arild Apelthun
CFO
Tel +47 918 19 265
TTS Group ASA
Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01
