Rolls-Royce wins largest offshore vessels order, worth £83m

Wednesday, 13 June 2007

Rolls-Royce, a world-leading provider of power systems and services for use on land, at sea and in the air, has won its largest ever offshore marine order, worth £83 million.

It will deliver designs and equipment for six new Rolls-Royce UT Design offshore service vessels to OSM Schiffahrt, a joint venture between the Nordcapital Group in Germany and Norwegian ship management group OSM.
OSM Schiffahrt also has options for a further six vessels.

The vessels - designed by Rolls-Royce and incorporating a range of its marine equipment, including Bergen diesel engines, deck machinery, thrusters and dynamic positioning systems - will be built by Korean and Norwegian yards.

Four UT 786 CD deep water anchor handlers will be built at the Sekwang shipyard for delivery in the second half of 2009. Two UT 776 CD platform supply vessels will be built at Aker Yards Brevik for delivery in 2009 and 2010.

John Paterson, Rolls-Royce President - Marine, said: “Eight UT 755 LN supply vessels are already on order in Norway and the additional vessels mean OSM Schiffahrt has now specified Rolls-Royce designs and systems for the whole of its current building programme for new offshore vessels.”

Rolls-Royce UT-Design ships have been highly successful in the commercial shipbuilding market, with 570 vessels built or on order.

  1. OSM Schiffahrt, based in Hamburg, Germany, was created by the Nordcapital Group, based in the same city, and the Norwegian ship management company OSM as a 50:50 joint venture in November 2006.
  2. 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.

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