Manufacturing Prowess News

The last 12 months has been one for the books ... or the trash. There was no shortage of government inducements to turn the lackluster tide in 2012—stimulus spending in China and Japan, quantitative easing by the U.S. Federal Reserve, and multiple actions by the European Central Bank to strengthen the Eurozone. But as the year evolved, weak macroeconomic fundamentals decisively trumped monetary policy initiatives and continued their choke on global commerce, hence the maritime sector.

The responsibility of melding, developing and profitably leading one of the world's most prolific high-technology marine companies is, to say the least, a daunting task. Assuming the post with no marine industry experience would seemingly make the job all the more difficult. But Dr. Saul Lanyado enters his position as the new president of the Rolls-Royce Marine division armed with years of engineering and business success and savvy. Maritime Reporter recently sat with Dr. Lanyado in his Buckingham Gate, London office to discuss the company's current endeavors and future developments. At the outset of a discussion regarding Rolls-Royce's marine business, it is immediately evident the direction in which one of the world's new leading players in marine propulsion is heading.