24th Apr 2015 10:02
LONDON (Alliance News) - Rolls-Royce Holdings PLC Thursday said it has secured a contract to supply a power and propulsion package for a high-end ice-class multi-purpose vessel currently being constructed by Keppel Singmarine Pte Ltd, the Singapore-based offshore vessel construction company.
The package for the GBP132 million vessel, being constructed for New Orient Marine Pte Ltd, the Singapore shipping company, includes tunnel thrusters, two US ARC main azimuth thrusters and a single retractable thruster.
No financial details were revealed on the contract. Rolls-Royce expects to start delivering equipment to Keppel Singmarine in January 2016.
"We are delighted to have been awarded this power and propulsion contract. Not only does it mark the continued trust Keppel Offshore & Marine has in us, but the contract also represents a new shipowner customer for Rolls-Royce. We are looking forward to working with New Orient Marine and the yard on this prestigious project," said John Knudsen, president of commercial marine operations at Rolls-Royce.
Shares in Rolls-Royce were up 0.8% to 1,043.67 pence on Friday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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