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Rolls-Royce sells Commercial Marine business to Kongsberg

Rolls-Royce signed an agreement to sell its Commercial Marine business, to Kongsberg, for £500m and net proceeds of around £350m to £400m. The sale includes propulsion, deck machinery, automation and control, a service network spanning more than 30 countries and ship design capability. Rolls-Royce’s Ship Intelligence activities, including remote and autonomous operation of commercial vessels, are also included.

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Radar agreement signed to ensure navigational safety in Norway

Kongsberg Norcontrol signed an agreement with the Norwegian Coastal Administration for delivery, operations and maintenance of radars to the maritime traffic service. The agreement has a potential total value of up to NOK 250 million and a duration of up to eleven years. The agreement enables the technical extension of the maritime traffic service area's service areas in the following years,

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