Rolls-Royce wins two Brazilian contracts
Engine developer Rolls-Royce has won two contracts to design and equip seven vessels for a Brazilian ship-owning company.
Engine developer Rolls-Royce has won two contracts to design and equip seven vessels for a Brazilian ship-owning company.
Navegao So Miguel is calling upon the UK company's services to fit out four oil spill recovery vessels and three bunker tankers, in a contract worth £23m to Rolls-Royce.
The oil spill response vessels will be equipped to prevent environmental damage from oil spills and have the capacity to transfer recovered oil for proper onshore disposal, while the bunker tankers will supply fuel to ships offshore.
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
All seven vessels will be equipped with advanced Rolls-Royce technology to support effective manuvering, cargo handling and safe operation. All vessels will be delivered before the end of 2014.
Anders Almestad, Rolls-Royce, President Offshore, said: "These vessels combine a proven Rolls-Royce design with a range of mission critical on-board technology, which has been specifically designed for the demanding deep-water oil and gas market. Our innovative technology will help to ensure that offshore companies can deliver their challenging operations safely."
jh
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
What is the 25x retirement rule and does it work?
The 25x retirement rule has been around for decades but many experts question if it is a suitable strategy
-
When is the self-assessment tax return deadline?
If you are self-employed, rent out a property or earn income from savings or investments, you may need to complete a self-assessment tax return. We run through the deadlines you need to know about