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Rolls-Royce wins largest ever offshore marine order

Friday, 27 October 2006

Rolls-Royce has won its largest ever marine order in the Offshore industry in a deal worth around £60 million.

Farstad Shipping has ordered four new anchor handling ships at a total cost of more than £200 million, to be built by Aker Yards in Norway. The ships have been designed by Rolls-Royce marine architects and will be fitted with Rolls-Royce engines, propellers, deck machinery, dynamic positioning systems and automation equipment.

The four UT-Design vessels are the latest to be ordered from Rolls-Royce and mark another chapter in one of the most successful ship design stories in commercial shipbuilding. Since the mid-1970s, over 530 of the vessels have been built or are currently on order.

The new vessels being constructed are all UT 731 CD variants. These ships can operate as construction vessels as well as acting as supply vessels - a unique capability. Designed to operate under extreme conditions and work at depths of up to 3,000 metres, the ships are also capable of functioning in arctic environments.

Anders Almestad, President - Offshore said: “Our Offshore business has been built on giving customers what they want. We are delighted to be trusted yet again to supply this kind of revolutionary, new capability to them.”

The Marine business of Rolls-Royce employs 7,400 people in 34 countries with the main manufacturing centres being in the UK, the Nordic countries, the United States and increasingly Asia.

Supply and anchor-handling vessels are still the most common ships to be ordered in the UT- Design, but in addition special variants have been developed for surveillance, coastguard duties, cable laying, seismology, oil-well intervention, operations on the sea floor, and for use in Arctic waters.
Rolls-Royce, the world-leading provider of power systems and services for use on land, at sea and in the air, operates in four global markets - civil aerospace, defence aerospace, marine and energy. Rolls-Royce has a broad customer base comprising 600 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces and more than 2,000 marine customers, including 70 navies. The company has energy customers in 120 countries.

Rolls-Royce is a technology leader, employing around 37,000 people in offices, manufacturing and service facilities in 50 countries. Annual sales total £6.6 billion, of which 54 per cent are services revenues. The firm and announced order book is £25 billion, which, together with demand for services, provides visibility of future levels of activity.

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