Rolls-Royce Marine to Move Headquarters to Singapore
Rolls-Royce today announced that it is moving the global headquarters for its Marine business to Singapore from London. The company said the move recognizes the increasing importance to Rolls-Royce of Asia-Pacific markets, where a significant proportion of global commercial shipping activity takes places. It also underscores the significance of Singapore as a hub for the group’s regional operations, the company added.
John Paterson, president Marine, who is relocating to Singapore, said: “Rolls-Royce is a global business and while Europe remains a significant market for Marine, headquartering our business in Singapore further enhances our global position and will facilitate the development of growing markets in Asia. Working closely with key customers and suppliers in the region we will capitalize on Singapore’s central position and maritime expertise as we continue to develop our business.”
For more information: WWW.ROLLS-ROYCE.COM