Rolls-Royce awarded £60m

Rolls-Royce announced today that it has won its largest ever marine order in the offshore industry in a deal worth around £60m.

Farstad Shipping has ordered four new anchor-handling ships at a total cost of more than £200m, to be built by Aker Yards in Norway. The ships have been designed by Rolls-Royce marine architects and will be fitted with Rolls-Royce engines, propellers, deck machinery, dynamic positioning systems and automation equipment.

The new vessels are all UT 731 CD variants and can operate as construction or supply vessels. Designed to operate under extreme conditions and work at depths of up to 3,000 metres, the ships are also capable of functioning in arctic environments.

Since the mid-1970s, over 530 of the vessels have been built or are currently on order.