Rolls-Royce Marine Business Fast Growth in China

According to Rolls-Royce chief executive John Rose, Rolls-Royce has been increasing its marine business in China by more than 20 percent. Annually over recent years. The Rolls-Royce office in Shanghai is responsible for the company’s marine activity in China, including gas turbines, diesel engines, propellers, water jets, rudders steering gear and deck machinery.

Recently, China Offshore Oil Corporation ordered seven supply vessels for which Rolls-Royce is supplying a range of marine equipment for five of them. This year, the U.S.-based Tidewater company placed orders for five high performance anchor handling tug supply vessels at Yantai Raffles Shipyard, for which Rolls-Royce will deliver anchor handling winches, bulk handling systems and steering gears for which the total business is worth more than $40 million.