New customer for Rolls-Royce in China
Rolls-Royce, the global power systems company, has won an order to design and equip two platform supply vessels being built by Jiangsu Eastern Heavy Industries in China.
Rolls-Royce, the global power systems company, has won an order to design and equip two platform supply vessels being built by Jiangsu Eastern Heavy Industries in China.
The order is worth £12m and will entail Rolls-Royce designing the vessels and also supplying an extensive range of onboard equipment, including main engines, propulsion system, thrusters, automation and control systems, deck machinery, bulk handling systems, rudders, steering gears and shaft generators.
Jiangsu Eastern Heavy Industries is a new customer for Rolls-Royce in the offshore market.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The vessels are due for delivery in 2014.
JH
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Annual UK rent jumps £3,240 since Covid, says Zoopla
Zoopla finds rental costs have risen 27% since 2021, with rental costs far outstripping wages over that period
By Chris Newlands Published
-
The top stocks in the FTSE 100
After a year of strong returns for the UK’s flagship index, which FTSE 100 stocks have posted the best performance in 2024?
By Dan McEvoy Published