Rolls-Royce secures contract for wave piercing offshore vessel

Friday, 4 April 2014

Rolls-Royce, the global power systems company, has signed an £11 million contract with Spanish shipyard Gondan for a wave piercing offshore vessel to be delivered to Simon Møkster Shipping in Norway.

The vessel is designed to pierce through the waves under harsh weather conditions, making it possible to keep a more constant speed, reduce the use of fuel and increase on board safety. This fits with Simon Møkster's philosophy of developing the most environmentally friendly fleet possible. The vessel, type UT 776 WP, will also feature the Rolls-Royce Unified Bridge, making the command centre of the vessel one of the most modern that exists today.

This is the second vessel of this design ordered by Simon Møkster Shipping in Norway, the first is scheduled for delivery from Gondan in August 2014.

John Knudsen, Rolls-Royce, President Offshore, said: "We are happy to be chosen again by Gondan and Simon Møkster Shipping to develop this highly innovative offshore vessel. Our experiences working closely together on the first vessel have been no less than excellent. It's also encouraging to note how fast our wave piercing offshore vessel concepts have been accepted among vessel owners and operators as a highly effective solution."

The vessel is developed specifically for missions in the arctic region and will be equipped to undertake oil spill recovery and fire fighting duties.

The delivery from Rolls-Royce includes an extensive range of advanced in board equipment, such as Azipull propellers, thrusters, DP2 dynamic positioning system, the latest generation of automation and control systems including the Unified Bridge, Automated Sea Fastening System (ASFA) to secure deck cargo and a dry bulk system. The vessel is expected to be delivered in 2016.

  1. Rolls-Royce's vision is to create better power for a changing world via two main business segments, Aerospace and Marine & Industrial Power Systems (MIPS). These business segments address markets with two strong technology platforms, gas turbines and reciprocating engines, for use on land, at sea and in the air.
  2. Aerospace comprises Civil Aerospace and Defence Aerospace. MIPS comprises Marine, Energy & Nuclear and Power Systems. Rolls-Royce currently has 50% ownership of Rolls-Royce Power Systems (RRPS), a collaboration with Daimler AG. RRPS was fully consolidated in the results of Rolls-Royce Holdings plc for the first time in 2013. On 7 March, 2014, Daimler announced their intention to exercise their put option to sell their 50% share in RRPS to Rolls-Royce Holdings plc.
  3. Rolls-Royce has customers in more than 120 countries, comprising more than 380 airlines and leasing customers, 160 armed forces, 4,000 marine customers, including 70 navies, and 1,600 energy and nuclear customers.
  4. Our business is focused on the 4Cs:
    • Customer - placing the customer at the heart of our business
    • Concentration - deciding where to grow and where not to
    • Cost - continually looking to increase efficiency
    • Cash - improving financial performance.
  5. Annual underlying revenue was £15.5 billion in 2013, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £71.6 billion at 31 December 2013.
  6. In 2013, Rolls-Royce invested £1.1 billion on research and development. We also support a global network of 29 University Technology Centres, which position Rolls-Royce engineers with the forefront of scientific research.
  7. Rolls-Royce employs over 55,000 people in 45 countries. Over 17,000 of these are engineers.
  8. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2013 we employed 379 graduates and 288 apprentices through our worldwide training programmes.

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