Rolls-Royce to deliver innovative ship equipment to Volstad Shipping

Friday, 28 March 2014

Rolls-Royce has won a contract to deliver a unique package of advanced ship equipment for a new offshore construction vessel currently being built in Turkey for the Norwegian ship owner Volstad Shipping AS.

The contract is worth approximately £13.5 million to Rolls-Royce.

The package includes the new Unified Bridge from Rolls-Royce, and the first commercial delivery of tunnel-thrusters powered by permanent magnet (PM) technology. The Permanent Magnet tunnel thruster is a new addition to the Rolls-Royce family of thrusters, building on a completely new approach to thruster design and motor integration. The TT-PM meets the strictest requirements for performance, noise and vibration.

In addition Rolls-Royce will deliver azimuth-thrusters, engines, dynamic positioning, automation, navigation, drives, switchboards and electric motors.

John Knudsen, Rolls-Royce, President Offshore: "Volstad Shipping will receive a vessel that incorporates innovative technology from the control centre at the top with the Unified Bridge, down to the very latest thruster technology below the waterline. Our offshore team has worked closely with the ship owner and designer to develop the advanced equipment and features on this vessel."

The vessel is 125 meters long and is designed with ice class for operations in Arctic waters. It is a ST-259 design by Skipsteknisk and is under construction in Turkey. It will be delivered from the Tersan Shipyard in the second half of 2015.

  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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