Rolls-Royce, the global power systems companies, announced that it would be relocating the global headquarters for its marine business to Singapore. Rolls-Royce's significant decision highlights Singapore's growing presence as a home for companies to manage and drive their global businesses. It also underlines Rolls-Royce's long-term partnership with Singapore and the country's status as a hub for the marine industry.

In 2008 Rolls-Royce established a global head office for its Marine services operation in Singapore and today’s move builds on that progress. The new Marine headquarters will have global responsibility for business development, marketing and corporate services.