Rolls-Royce Wins $150M Marine Contracts

Tuesday, December 12, 2000
Rolls-Royce has won ship design and equipment supply contracts for offshore service and cable-laying vessels, worth approximately $150 million over the last three months, including its biggest-ever commercial marine order. Dr. Saul Lanyado, President -- Marine, Rolls-Royce, said: "This is a significant step for Rolls-Royce. Development of the marine business is key to the future strategy of the group. These orders demonstrate a growing demand for specialist offshore vessels. We have a competitive edge in this market." The largest single order ever won by the commercial marine business of Rolls-Royce is from Aker Brattvaag, supplying ship designs and equipment for seven offshore service vessels, worth 33 million pounds. The three anchor-handling tug supply vessels and four platform supply vessels will be built at two Aker Brattvaag shipyards in Norway for Gulf Offshore, a subsidiary of the American company Gulf Mark Offshore Inc. Work starts later this year and is due for completion in 2003. Also included in the announcement is the largest contract yet for cable-laying vessels. Four ships will be built for US-based CS TyCom Reliance at the Keppel Hitachi shipyard in Singapore.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

ASRY in Maritime Deal with Relay

UK-based engineering firm signs service agreement to provide direct services to vessels in ASRY, expanding the list of the yard’s onsite specialist contractors.

Huawei Bags MCT Submarine Cable Contract

Huawei Marine has signed a system design and construction agreement with a consortium comprising Telekom Malaysia Berhad, Symphony Communication and Telcotech

Solarworld Wants Duties on Chinese Solar Goods in U.S. Extended

German solar manufacturer SolarWorld will apply to the United States for an extension of duties on Chinese panel imports that are due to end this year, weekly Euro am Sonntag said.

Tanker Trends

Bahri Inks Contracts with Hyundai to Build 5 VLCCs

The National Shipping Co. of Saudi Arabia (Bahri) signed contracts on Thursday with Hyundai Samho Heavy Industries (HSHI) to build five very large crude carriers (VLCCs),

Red Tape, Industrial Relations Could Stifle LNG Potential

Australia could develop the world’s most technologically advanced LNG industry, according to a report by Accenture. But if industry is to reach its potential

HSH Bank to Split Off Bad Shipping Loans

German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1254 sec (8 req/sec)