Get Them While They’re Hot…Rolls Royce Receives £45 Million Order for PSVs

Rolls-Royce Marine received an order today from Korean shipbuilder Hyundai Mipo Dockyard Co, Ltd. to design and equip four deepwater platform supply vessels for an undisclosed European customer.  The contract is worth more than £45 million to Rolls-Royce and includes options for a further two vessels of the same type.

This is the eighth 4,400 ton PSV order placed in the past two days.

The vessel designs are UT 776 CD – a development of the popular Rolls-Royce UT 700 series, designed specifically for supplying equipment and services to deepwater oil and gas platforms.

Jørn Heltne, Rolls-Royce, Senior Vice President Ship Technology Offshore, said:

“Rolls-Royce UT design vessels are the benchmark in the deep water offshore oil and gas sector, combining proven ship design with leading edge marine technology. This latest order develops our long term relationship with Hyundai as a builder of these advanced vessels, designed to operate safely in the most challenging conditions.”

Hyundai’s President and CEO Mr. W.G. Choe said:

“We are extremely pleased to enter into this deepwater market segment by building offshore vessels of a world leading design from Rolls-Royce.”

The 4,400 tonne, 97 metre long vessels will feature a range of Rolls-Royce equipment including a diesel-electric propulsion system which improves fuel efficiency and lowers emissions when operating at reduced power levels. The propulsion system meets current Clean Design standards – an industry-specific range of stringent environmental and safety requirements that, through the design of the vessel, reduce emissions to sea and air.

The vessels will be built at the Hyundai’s shipyard in Ulsan, Korea, and are due to be delivered in 2013 and 2014.

The four vessels will feature a range of Rolls-Royce equipment including diesel engines, electric driven propulsion azimuth thrusters, electric driven transverse thrusters, a passive stabilizing system, automation and control systems, power electric system, a dynamic positioning system (DP II).The range of deck machinery on board will include a bulk handling system.

Since the first UT 700 series was delivered in the mid seventies more than 650 UT design vessels have gone into service or are on order worldwide. Increasingly efficient hull designs, diesel-electric propulsion technology and design solutions that minimise the impact on the environment and improve the comfort and safety of the crew are hallmarks of the newer models of the UT design from Rolls-Royce.

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