Rolls-Royce to supply advanced positioning equipment to new vessels for Farstad Shipping

Wednesday, 29 January 2014

Rolls-Royce has signed a contract with the shipyard group Vard for its latest DP3 dynamic positioning system to be installed on two new offshore construction vessels.

Dynamic positioning (DP) control systems allow vessels to be held in exact position, when anchoring is not possible, by using satellite technology to enable automatic control of the vessel's thrusters.

DP systems with classification 3 are the most advanced defined by the International Maritime Organisation (IMO), and this is the first Rolls-Royce contract for DP3. Vessels constructed to DP3 standards are able to operate in very demanding situations where any loss of position has the potential to result in fatal accidents, severe pollution or damage with major economic consequences.

Arnt-Ove Austnes, Rolls-Royce, Sales Manager - Automation and Control, said: “We are very happy that Farstad Shipping is the first owner to select our DP3 system. Farstad is an important partner for Rolls-Royce in the continuous development of automation systems.

"An increasing number of offshore operations are performed with rigs and vessels having to be kept in precise position without using anchoring systems. With an increased focus on risk limitation in the oil and gas sector, we expect a growing demand for DP3 classed vessels."

The two vessels will be built at VARD Group, Langsten, Norway and delivered during the first half of 2015. Rolls-Royce will also supply engines, thrusters, propulsion systems, steering gears, and rudders. Rolls-Royce has already delivered many DP2 systems to VARD Group, across a range of ship designs.

  1. Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.
  2. As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 300 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.
  3. Annual underlying revenue was £12.2 billion in 2012, of which more than half came from the provision of services. The firm and announced order book stood at £69.2 billion at 30 June 2013, providing visibility of future levels of activity.
  4. Rolls-Royce employs over 45,000 people in offices, manufacturing and service facilities in 45 countries. Over 14,000 of these employees are engineers.
  5. In 2012, Rolls-Royce invested £919 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.
  6. Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company's engineers with the forefront of scientific research.
  7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.
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