GTT signs a new Global Technical Services Agreement with KNUTSEN OAS SHIPPING AS

2020-07-22

Paris – July 22nd, 2020. GTT has signed in June a Global Technical Services Agreement (TSA) with the Norwegian ship-owner KNUTSEN OAS SHIPPING AS. This new agreement covers a fleet of 17 vessels by 2022 (12 currently in service and 5 under construction), all equipped with Mark III Flex or NO96 technologies, developed by GTT. In comparison, the previous contract, signed in 2018, covered 8 vessels.

GTT will support KNUTSEN OAS SHIPPING AS with the maintenance and operation of the vessels. This agreement includes GTT on-site technical assistance for inspection, maintenance, repairs, operations and engineering services. KNUTSEN OAS SHIPPING AS will also benefit from access to the HEARS®[1] emergency hotline, which enables ship-owners and their crews to contact GTT’s experts 24/7 to respond to operational issues.

Philippe Berterottière, Chairman and CEO of GTT S.A., said “We are pleased to renew and expand this agreement with a long term partner like KNUTSEN OAS SHIPPING AS, which owns and operates a growing fleet of vessels. Thanks to our tailor-made support services, adapted to the needs of our customers, we guarantee maximum efficiency and safety for vessels in operation.”


Media contact: press@gtt.fr / +33 (0)1 30 23 42 26 - +33 (0)1 30 23 80 80

Investor Relations contact: information-financiere@gtt.fr / + 33 (0)1 30 23 20 87

[1] Hotline Emergency Assistance & Response Service.