Acquisition Expands Rolls-Royce's Marine Capability

Wednesday, May 30, 2001
Rolls-Royce plc, has further expanded its capabilities with the acquisition of German company INTERING GmbH for an undisclosed sum. Rolls-Royce is now the only company able to offer tank stabilizers, through he INTERING purchase, and fin stabilizers, separately or as a combined package.

Saul Lanyado, president - Marine for Rolls-Royce, said: "This acquisition makes a good strategic fit with our existing capability, allowing us to become a market leader in ship stabilizer equipment, providing a unique, tailored service to the commercial and naval marine markets."

Hamburg-based INTERING was formed in 1969 and employs 30 people. Its products are in service with more than 600 ships and its sales last year were $4.1 million. As well as tank stabilizers, its portfolio includes: Anti-heeling stabilizers, designed to work while ships are stationary, securing horizontal ramps for fast loading and discharging; the INTERING Stability Test System, a stability measuring system improving both safety and payload, which won the Seatrade Award for Innovation in 1994; and the INTERING Parametric Roll Preventer, launched last year for large container and cruise vessels, protecting cargo and passengers.

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Major Ivorian Cocoa Buyers Boycott Local Exporters Scheme

Major cocoa buyers are boycotting a scheme in Ivory Coast aimed at guaranteeing local firms a share of the lucrative export market, arguing that these players lack

DSM Dyneema Names President’s Successor

Gerard de Reuver has elected to step down as President of DSM Dyneema on August 1, 2015 after five years in the post, the company announced today. He will be succeeded by Golnar Motahari Pour,

Matson Pumps $30 Million into Alaska Operations

Ocean cargo shipper Matson, Inc. said it is moving quickly to fund improvements in its new Alaska operations following its May 29 acquisition of Horizon Lines' Alaska services.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Sonar
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: 0.1774 sec (6 req/sec)