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Rolls-Royce Wins $112.5m Offshore Deal

Maritime Activity Reports, Inc.

October 27, 2006

Rolls-Royce has won its largest ever marine order in the Offshore industry in a deal worth around $112.5m. Farstad Shipping has ordered four new anchor handling ships at a total cost of more than $375.1m, to be built by Aker Yards in Norway. The ships have been designed by Rolls-Royce marine architects and will be fitted with Rolls-Royce engines, propellers, deck machinery, dynamic positioning systems and automation equipment. The four UT-Design vessels are the latest to be ordered from Rolls-Royce and mark another chapter ship design stories in commercial shipbuilding. Since the mid-1970s, over 530 of the vessels have been built or are currently on order.

The new vessels being constructed are all UT 731 CD variants. These ships can operate as construction vessels as well as acting as supply vessels - a unique capability. Designed to operate under extreme conditions and work at depths of up to 3,000 metres, the ships are also capable of functioning in arctic environments.

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