Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Rolls-Royce    RR.   GB00B63H8491

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

Rolls Royce : The tall ship that harnesses the wind to recharge its batteries

share with twitter share with LinkedIn share with facebook
share via e-mail
02/21/2018 | 04:06pm CET

Wednesday, 21 February 2018

Next year, the Norwegian sail-training ship Statsraad Lehmkuhl will be able to cruise out of Bergen harbour without any greenhouse gas emissions, thanks to a hybrid power system from Rolls-Royce. Norway's state-owned company Enova is providing over NOK 4 million in financial support for an innovative project to equip the historic square rigger with shipboard battery power.

Haakon Vatle, executive director of the Statsraad Lehmkuhl Foundation said: 'The Statsraad Lehmkuhl has been relatively environmentally-friendly for over a century already. After all, for large parts of the year, wind power provides all the propulsion it needs. We are now going to make her next 100 years even more environmentally-friendly. We hope she will become a role model for other sailing ships and vessels of all types.'

Today, the vessel uses diesel generators to power shipboard systems, and for propulsion if necessary. Once installed, the battery will assist in both areas, thereby reducing the number of generators that need to be kept running. The battery system will also allow the power of the wind in the ship's sails to be exploited.

According to Andreas Seth, Rolls-Royce, Senior Vice President - Electrical, Automation & Control, the ship's propeller can also be used to generate electricity, rather like a wind turbine. He said: 'The amount of electricity produced will vary with the speed of the ship, but with our system the energy can be stored in batteries for use as environmentally-friendly engine power, or for day-to-day shipboard operations such as heating and cooking.'

Enova, which works to facilitate Norway's transition to a low-emissions society, is contributing just over NOK 4.2 million to the ship's refit.

Nils Kristian Nakstad, Managing Director, Enova said: 'Given the shipboard battery revolution currently underway, we can safely say that a fresh wind is blowing through the maritime sector at the moment. Projects are underway to test battery solutions in practically every kind of ship - now even sailing ships!'

According to Nakstad, Enova views the Statsraad Lehmkuhl as an important showcase for this new technology. 'The Statsraad Lehmkuhl plays an important role in the training of the Norwegian Naval Academy's cadets, as well as the further education of apprentices and those undertaking vocational training to become licensed seamen and marine engineers. Soon the ship will give the next generation of mariners early experience of this new technology. It will help to build knowledge about, and positive attitudes towards, battery solutions that will stand them in good stead later in their careers,' he said.

At the same time as the batteries are being installed, the ship is also being made ready to receive onshore power to recharge the batteries, ensuring environmentally-friendly stays in the ports the ship visits. This applies not least to its home port of Bergen, where the combination of batteries and onshore power will result in zero emissions. The vessel is currently in drydock in Bergen, where a special battery room is being built. Due to the ship's busy sailing schedule, the project will not be finally completed until November at the earliest.

About the Statsraad Lehmkuhl

  1. The Statsraad Lehmkuhl is a 3-masted steel bark, originally built by Johann C. Tecklenborg AG in Germany in 1914.
  2. Today the Statsraad Lehmkuhl is owned and operated by the Statsraad Lehmkuhl Foundation, and is used by the Norwegian Naval Academy, schools, clubs, companies and other organisations that wish to use the ship for training and cruises between ports in the North Atlantic and the North Sea.
  3. The Statsraad Lehmkuhl is Norway's largest and oldest square-rigged sailing ship, and is also the oldest of the large square riggers still in operation today. She has a gross tonnage of 1,516 tonnes and carries 22 sails with a total sail area of 2,026 m2.
  4. The ship can accommodate up to 150 trainees in hammocks, with additional cabin capacity for up to 40 people, providing living quarters for the permanent crew and occasional extra training staff.
  5. The ship has a Bergen diesel main engine from Rolls-Royce that develops 1,125 hp. This gives the ship a speed of up to 10 knots in fair weather conditions. Under sail, the ship has reached speeds of over 18 knots and is renowned as a fast and exceptionally seaworthy sailing vessel.

About Enova

Enova SF is owned by the Norwegian Ministry of Petroleum and Energy and contributes to reduced greenhouse gas emissions, development of energy and climate technology and a strengthened security of supply.

About Rolls-Royce Holdings plc

  1. Rolls-Royce pioneers cutting-edge technologies that deliver the cleanest, safest and most competitive solutions to meet our planet's vital power needs.
  2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.
  3. Annual underlying revenue was £13.8 billion in 2016, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £82.7 billion at the end of June 2017.
  4. In 2016, Rolls-Royce invested £1.3 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
  5. Rolls-Royce employs almost 50,000 people in 50 countries. More than 16,500 of these are engineers.
  6. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2016 we recruited 274 graduates and 327 apprentices through our worldwide training programmes.

Back to Press releases

Rolls-Royce Holdings plc published this content on 21 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 February 2018 15:05:05 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on ROLLS-ROYCE
02/21ROLLS ROYCE : The tall ship that harnesses the wind to recharge its batteries
02/21ROLLS ROYCE : to supply propellers and mission bay technology for UK Royal Navy&..
02/20Airbus sees A320neo progress, upbeat on A350 suppliers
02/20Qatar Airways says some orders may be upgraded to A350-1000 planes
02/20Qatar Airways CEO says U.N. aviation body needs to do more over Gulf crisis
02/20ROLLS ROYCE : joins Airbus and Qatar Airways to celebrate delivery of first A350..
02/15Airbus CEO says still in charge, pledges smooth transition
02/15ROLLS ROYCE : partners with Global Internet of Things start-ups
02/15Virgin Money creates rare female top team with new hire
02/15Virgin Money creates rare female top team with new hire
More news
News from SeekingAlpha
02/22Tracking Jeffrey Ubben's ValueAct Portfolio - Q4 2017 Update 
01/29TGV Partners Fund 2017 Shareholder Letter 
01/24Boeing completing 787-10 tests with GE engines 
01/24Greenwood Investors Q4 2017 Letter 
01/24Sequoia Fund Q4 2017 Investor Letter 
Financials ( GBP)
Sales 2017 14 691 M
EBIT 2017 948 M
Net income 2017 109 M
Debt 2017 942 M
Yield 2017 1,42%
P/E ratio 2017 23,52
P/E ratio 2018 26,38
EV / Sales 2017 1,13x
EV / Sales 2018 1,13x
Capitalization 15 612 M
Duration : Period :
Rolls-Royce Technical Analysis Chart | RR. | GB00B63H8491 | 4-Traders
Technical analysis trends ROLLS-ROYCE
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 22
Average target price 8,72  GBP
Spread / Average Target 3,3%
EPS Revisions
David Warren Arthur East Chief Executive Officer & Director
Ian Edward Lamert Davis Chairman
Simon Neil Kirby Chief Operating Officer
Stephen W. Daintith Chief Financial Officer & Director
Paul Stein Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
ROLLS-ROYCE-0.87%21 769
AIRBUS SE17.71%93 046
RAYTHEON14.88%62 260