rolls-royce holdings-sp adr (RYCEY) Key Developments
Rolls Royce Holdings plc - Special Call
Apr 22 15
Rolls Royce Holdings plc - Special Call
Rolls Royce Holdings plc Announces Executive Changes
Apr 22 15
Rolls Royce Holdings plc announced that John Rishton has decided to retire as Chief Executive on 2 July 2015. He will be succeeded by Warren East, whose appointment follows an extensive international search. Warren East was CEO of ARM Holdings from 2001 to 2013. Warren has been a Non-Executive Director of Rolls-Royce since January 2014. As well as being a Non-Executive Director of Rolls-Royce, Warren East serves as a Non-Executive Director on the boards of BT, De La Rue, Dyson, Micron Inc. and Digital Catapult. His intention is to stand down from all but one of his current roles as a Non-Executive Director, in line with Rolls-Royce company policy.
Rolls-Royce Holdings plc Wins $9.2 Billion Order from Emirates
Apr 17 15
Rolls-Royce Holdings plc won order worth $9.2 billion, to provide Trent 900 engines and TotalCare service support to Emirates. The engines will power 50 Airbus A380 aircraft that will enter service from 2016. The decision confirms the Trent 900 as the engine of choice on the four-engine A380. It has secured more than 50% market share on the aircraft, in addition to being selected by the majority of A380 customers.
Rolls-Royce Unveils New MTU 8-Cylinder Gas Engine for Power Generation
Apr 14 15
Rolls-Royce has now rounded off its Series 4000 portfolio with the 8-cylinder version of its efficiency and power-enhanced Series 4000 gas engine. Starting in April of last year, the 12, 16 and 20-cylinder versions of the Series 4000 L64 gas engine with outputs from 1,523 to 2,535 kWe were introduced gradually onto the market for installation in on-site power generation systems carrying the MTU Onsite Energy brand. The 8V 4000 L64 unit extends the lower end of the Series 4000 power output range and delivers a 30% increased electrical power output of 1,012 kWe. It achieves 44% electrical efficiency in power generation. The engine is being unveiled to the public at the Hanover industrial trade fair and will be available to deliver from this December. The MTU and the MTU Onsite Energy brands are part of Rolls-Royce Power Systems within the Land & Sea division of Rolls-Royce. Besides being able to view the new 8-cylinder gas engine, visitors to the MTU Onsite Energy booth will also be able to learn a lot more about the company's up-to-date portfolio of products and services for gas engines. Apart from straightforward power generation systems, this includes high-capacity compact cogeneration modules for combined heat and power (and cooling) with outputs up to 2,530 kWe. MTU ValueCare - a programme of after-sales services that can be individually tailored to suit the customer's specifications - rounds off the repertoire. It includes made-to-fit maintenance agreements, extended warranties and swift, reliable delivery of high-quality original MTU spare parts developed and manufactured in-house. MTU Onsite Energy's overall portfolio also features system solutions based on diesel engines for generating emergency, base load and peak power. Power-enhanced Series 4000 gas units are suitable for use in straightforward generator sets for electrical power generation on site, or in compact cogeneration modules that generate electrical power and heat simultaneously. These are often installed in building complexes such as hospitals or industrial plants to keep them up and running.
Rolls-Royce Signs GBP 5.5 Million Worth Contracts with Basto-Fosen and Fjord 1
Apr 13 15
Rolls-Royce has signed contracts with Basto-Fosen and Fjord 1 in Norway for azimuth propulsion systems for five new double ended ferries. The contract value to Rolls-Royce is GBP 5.5 million in total. The ferries are scheduled to enter into service along the coast of Norway in the summer of 2016. All five ferries are designed by Multi Maritime and will be constructed in Turkey at the yards Sefine, Cemre and ADA. These types of double ended ferries are designed to commute back and forth between ferry quays along the rugged Norwegian coastline. Three of the ferries are to be delivered to the company Basto-Fosen and will be 142 metres long, with capacity for 200 cars, 600 passengers and between 24 and 30 trucks. The two remaining ferries are to be delivered to the company Fjord 1 and will be 74 meters long, with capacity for 60 cars and up to 199 passengers. Azimuth thrusters from Rolls-Royce will help give the ferries improved steering stability and manoeuvrability. The thrusters are also equipped with full feathering propellers so the operator can reduce the amount of engine power needed during crossings. This will help reduce fuel consumption and also increase the overall efficiency of the vessels. The three larger Basto-Fosen ferries are equipped with two Azipull 100 azimuth thrusters which are placed one in each end of the ferry. They also have Rolls-Royce Helicon X3 propulsion control systems. The two Fjord 1 ferries each have Azipull AZP85 azimuth thrusters, also with Helicon X3 propulsion control systems.