$140m Order for Rolls-Royce Offshore

Thursday, December 20, 2007
Rolls-Royce has won $140m of business on its largest ever offshore marine contract, taking the total order value to $310m. In June 2007, the company announced an $166m million contract to deliver designs and equipment for six new Rolls-Royce offshore service vessels to Nordcapital, which will be operated on their behalf by OSM Schiffahrt. The new order win covers a further four ships. The vessels - designed by Rolls-Royce and incorporating a range of its marine equipment, including diesel engines, deck machinery, thrusters and dynamic positioning systems will be built by the Korean yard Sekwang. The four UT 786 CD deep water anchor handling vessels are Rolls-Royce UT-Design ships which have been highly successful in the commercial shipbuilding market, with over 500 vessels built since the mid 1970s and around 100 currently on order.

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