LONDON--Rolls-Royce Holdings PLC (RR.LN), a global power systems company, said Tuesday it has won a 26 million pound order to provide an integrated design, power and propulsion and equipment package for four Rolls-Royce UT 771 CDL offshore supply vessels to be built at COSCO (Zhoushan) Shipyard Co. Ltd, in China for a Hong Kong owner.

MAIN FACTS:

-The contract includes options for four additional vessels.

-In addition to ship design, Rolls-Royce will deliver an extensive integrated systems package including: a propulsion system, a power electrical system, a bulk handling system, deck machinery, an automation and control system, as well as a dynamic positioning system that uses satellite technology to automatically maintain the vessels' position without anchoring.

-Four vessels are scheduled for delivery in 2014.

-Shares closed Monday at 904 pence valuing the company at 16.93 billion pounds.

-Write to Ian Walker at ian.walker@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Cosco Shipping Internati... (PK) (USOTC:CSCMY)
Historical Stock Chart
From Nov 2024 to Nov 2024 Click Here for more Cosco Shipping Internati... (PK) Charts.
Cosco Shipping Internati... (PK) (USOTC:CSCMY)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Cosco Shipping Internati... (PK) Charts.