Paxocean Orders Two Rolls-Royce Designed Vessels

Rolls-Royce announced an order from Singapore-based offshore company, PaxOcean, to provide the ship design, propulsion systems and deck machinery for two platform supply vessels. The order is worth over $19.1m to Rolls-Royce with additional options to construct a further four vessels of the same type.

The UT 755 CD is a development of the popular UT 755 series. The vessels will be built at PaxOcean Engineering’s offshore vessel shipyard in Zhuhai, China, with delivery due in 2012. Since the first UT 755 was delivered in 1996, more than 170 vessels of this design have gone into service or are on order worldwide. The latest models feature increasingly efficient hull designs and diesel electric propulsion technology, which minimise the impact on the environment and improve the comfort and safety of the crew. In total, more than 650 Rolls-Royce designed UT vessels are in service around the world.