Rolls Royce Factory to Serve Equipment to Yards

Thursday, November 03, 2005
Rolls Royce has opened a new factory in Shanghai, China, to serve the world’s largest commercial shipbuilding market. Together with an existing facility in Korea, the factory forms a new production hub for north-east Asia enabling the company to supply shipyards with marine equipment at the point of manufacture – and open up new markets in the process. The Asian shipbuilding market is currently worth £19 billion annually and accounts for around 80 percent of all global construction. In 2004 new orders and deliveries reached record levels. Marine President Saul Lanyado, who officially opened the site yesterday, said: “This is a very exciting development for us and it opens up real opportunities to expand our business in Asia. This new factory will enable us to increase our market share and increase our volume of production, serving shipyards in China and Asia faster and more competitively than before. “The factory provides a long-term platform for expanding our operations here, and with our factory in Korea, it will act as a hub for the Asian marketplace” Deputy General Secretary Chen Changyu, of the China Association of National Shipbuilding Industry, said: “We are very pleased to see Rolls-Royce, a world leading company, establishing this new facility in Shanghai, it is a further demonstration of the company’s strong presence in China, and it will further strengthen cooperation with Chinese industry." Employing 75 people, and set to employ up to 150 by the middle of next year, the 9,000 square metre facility is the company’s largest investment in China to date. The equipment produced or assembled there includes tunnel thrusters, rudders, control and steering systems and deck machinery. Rolls-Royce is no stranger to doing business in China. The company has offices in Beijing, Shanghai, Dalian and Hong Kong and supplies aero engines to ten Chinese airlines. The company was also recently awarded a contract to provide pipeline compression equipment for the West East China Gas Pipeline Project.
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

World’s Largest Boxship is DNV GL classed

CSCL Globe, the world’s largest containership and the first of a series of five 19,100 TEU containerships ordered by China Shipping Container Lines (CSCL) in 2013,

New Players in Singapore Markets in OW's Absence

The downfall of a leading marine fuel supplier that prompted sellers to tighten credit terms in Singapore is skewing the post-OW Bunker jostle for market share

Japan Military Wants China "Crisis Management" Pact

Japan's highest-ranking military officer on Friday urged an early start to a "crisis management" mechanism with China amid conflicting claims to a group of tiny East China Sea islands.

Shipbuilding

World’s Largest Boxship is DNV GL classed

CSCL Globe, the world’s largest containership and the first of a series of five 19,100 TEU containerships ordered by China Shipping Container Lines (CSCL) in 2013,

ESSA's Fleet Upgradation Environmental Driven

State-controlled Exportadora de Sal SA de CV of Mexico ("ESSA"), one of the world’s largest salt exporters with a 10-million-ton annual production, has strengthened

Kleven Wins New Yacht Contract

Norwegian ship builder Kleven has secured a new contract for a high specification, 116-metre long Expedition Support Vessel. The order is placed by Mr Graeme Hart,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1500 sec (7 req/sec)