Friday, October 22, 2021

Tag: ship design

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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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