Rolls-Royce Gets $1 Billion Pact From FastShip To Power Fleet

Jan. 13, 2005
Rolls-Royce PLC will supply Philadelphia-based FastShip Inc. with gas turbine engines to power its high-speed transatlantic fleet. The $1 billion contract, Rolls-Royce's largest single order for marine engines, calls for the building of 25 marine Trent ...

Rolls-Royce PLC will supply Philadelphia-based FastShip Inc. with gas turbine engines to power its high-speed transatlantic fleet. The $1 billion contract, Rolls-Royce's largest single order for marine engines, calls for the building of 25 marine Trent gas turbines. Rolls-Royce also will provide a 20-year support package for the life of each engine and will establish a plant in Philadelphia to manage the contract. "We are delighted to be working with FastShip on this state-of-the-art project," said Bob Sunerton, Rolls-Royce's managing director for marine power. "This agreement has positioned the Trent engine to help FastShip revolutionize the transport of high-value, time-sensitive goods." FastShip is creating a seven-day, door-to-door North Atlantic transportation network linking the middle of Europe to the middle of the United States. The service is made possible through use of patented technology in hull design, propulsion systems, and terminal technology. Trial operations will start in the second half of 2002 with the initiation of commercial operations in early 2003.

Popular Sponsored Recommendations

Gain a competitive edge with real-world lessons on private 5G networks

Nov. 16, 2023
The use of private networks in manufacturing applications is rapidly growing. In this paper, we present valuable insights and lessons learned from the field with the goal of enhancing...

Managing Supply Chain Risk in Aerospace and Defense!

Dec. 6, 2023
A&D companies need to adopt digital technologies that enable greater collaboration, active monitoring of leading risk indicators, & integration of supply chain risk factors into...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Why DataOps may be the key to unlocking the full potential of digital transformation

Nov. 3, 2023
Read the 2023 market survey conducted by IndustryWeek

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!