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A new 1980m2 state-of-the-art service facility will be built by Astican for Rolls-Royce to service and overhaul the complete Rolls-Royce product range, including the simultaneous reconditioning of up to six Azimuth thruster units. Coupled with Astican's extensive ship repair facilities, the new custom-built service centre at the crossroads of the Atlantic, linking Europe, Africa and the Americas, will allow Rolls-Royce to better serve operators with ongoing exploration, production & development operations in these regions. Antonio Germán Suárez, President of Astican, said: "We are delighted to join with a reputable partner such as Rolls-Royce in this new venture. We strongly believe that this agreement will help recognize the Port of Las Palmas as a one-stop-shop for the offshore industry in West Africa. Furthermore, this is a positive signal to other complementary equipment manufacturers that Las Palmas is an attractive place for facility investment." Knut Hovland, Senior Vice President Marine Services Europe & Africa, said: "The Canary Islands is an important location for the offshore industry and this new partnership will allow us to deliver an unparalleled level of service and skill to our customers. We are delighted to develop our relationship with Astican, one of the leading ship repair yards in the region." Both Rolls-Royce and Astican customers will benefit from the integrated approach offering full vessel overhaul capabilities in one location. "The core business is rigs and drillships, but we see a growth in the offshore supply and service market and the fisheries segment for the coming years. Rolls-Royce will be able to provide Original Equipment Manufacturer services to all these sectors," said Knut Hovland. The partnership is expected to draw more activity to the Astican Shipyard and Rolls-Royce service centre as customers will have easy access to the Rolls-Royce expertise required for the overhaul of its sophisticated machinery and equipment. Rolls-Royce is increasing its cooperation with shipyards globally in order to provide expert support as close to the customer as possible, and these agreements are complementary to the Rolls-Royce network of global service centres. About Rolls-Royce Holdings plc 1. Rolls-Royce's vision is to create better power for a changing world via two main business segments, Aerospace and Marine & Industrial Power Systems (MIPS). These business segments address markets with two strong technology platforms, gas turbines and reciprocating engines, for use on land, at sea and in the air. 2. Aerospace comprises Civil Aerospace and Defence Aerospace. MIPS comprises Marine, Energy & Nuclear and Power Systems. Rolls-Royce currently has 50% ownership of Rolls-Royce Power Systems (RRPS), a collaboration with Daimler AG. RRPS was fully consolidated in the results of Rolls-Royce Holdings plc for the first time in 2013. On 7 March, 2014, Daimler announced their intention to exercise their put option to sell their 50% share in RRPS to Rolls-Royce Holdings plc. 3. Rolls-Royce has customers in more than 120 countries, comprising more than 380 airlines and leasing customers, 160 armed forces, 4,000 marine customers, including 70 navies, and 1,600 energy and nuclear customers. 4. Our business is focused on the 4Cs: • Customer - placing the customer at the heart of our business • Concentration - deciding where to grow and where not to • Cost - continually looking to increase efficiency • Cash - improving financial performance. 5. Annual underlying revenue was £15.5 billion in 2013, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £71.6 billion at 31 December 2013. 6. In 2013, Rolls-Royce invested £1.1 billion on research and development. We also support a global network of 29 University Technology Centres, which position Rolls-Royce engineers with the forefront of scientific research. 7. Rolls-Royce employs over 55,000 people in 45 countries. Over 17,000 of these are engineers. 8. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2013 we employed 379 graduates and 288 apprentices through our worldwide training programmes. Rolls-Royce Group plc press release |