26th Sep 2007 10:45
26 September, 2007 ROLLS-ROYCE SIGNS ‚£24 MILLION MARINE POWER SYSTEMS DEAL
Rolls-Royce has signed a ‚£24 million contract with a Singapore-based shipping company to supply complete marine power systems for four heavy lift vessels.
The order marks an important milestone in the company's growing marine power systems business. Rolls-Royce has options for eight more vessels with SE Shipping in Singapore, which would triple the order value.
SE Shipping is a subsidiary of Indian based Suzlon Energy, one of the world's largest wind turbine suppliers. The company plans to use the vessels for the global transportation of wind turbine parts.
"This is the largest ever power systems contract for our merchant business", said President, Merchant Birger Myklebust, adding, "This project is a good example of the change in the traditional relationship between ship owners, suppliers and yards. Our customers can now see that by partnering with a key supplier like Rolls-Royce, they can improve their efficiency through better use of new technology."
Rolls-Royce is supplying equipment which powers and propels the ship including diesel engines, propellers, tunnel thrusters and steering gear. These are then allied to automation and control equipment which fully integrate the system.
For further information please contact:
Mark Alflatt
Director of Financial Communications
Rolls-Royce plcTel: +44 (0) 207 227 9164Fax: +44 (0) 207 227 9178
Email: [email protected]
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