Wärtsilä signs major long-term maintenance support agreement with Royal Caribbean Cruises Ltd

Wärtsilä Corporation
  • Trade press release
19 April 2011 at 2:00 PM E. Europe Standard Time

This maintenance support agreement is the single largest maintenance agreement ever to be signed between Wärtsilä and a marine customer, covering some 1400 MW. It will enhance the optimized planning of overhauls and spare parts logistics, focusing on improved fuel economy and the predictability of the customer's operational costs.

Wärtsilä, the marine industry’s leading solutions and services provider, has signed a five year maintenance support agreement with Royal Caribbean Cruises Ltd. It is a joint co-operation between Wärtsilä and Royal Caribbean Cruises Ltd. and its operating companies Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises.

The maintenance support agreement contains a wide range of services, including maintenance planning, spare parts logistics optimization, the development and testing of engine components, fuel consumption optimization, as well as an advisory service for overhauls and workshop services. In addition, the agreement incorporates the development and implementation of future remote engine monitoring systems and associated software.

“This maintenance support agreement provides the superior predictability and innovation level we seek. In addition, it serves as the benchmark for other service agreements and an outstanding model for joint technical co-operation. It is truly evolutionary for the industry,” says Captain William S. Wright, Senior Vice President Marine Operations, Royal Caribbean International.

The maintenance support agreement covers 29 vessels with an option to add more vessels in the future. A total of 118 Wärtsilä engines comprising the Wärtsilä 46, Wärtsilä 38B, Wärtsilä 32LN and Wärtsilä Vasa 32 types, with an aggregated output of approximately 1400 MW, make this the single largest maintenance agreement to be signed between Wärtsilä and a marine customer. The maintenance support agreement will enhance the optimized planning of overhauls and spare parts logistics, focusing on improved fuel economy and the predictability of operational costs.

Improved fuel economy translates to lower emissions, and the lean spare part logistics planning, which focuses on low environmental impact, contributes to a better environmental performance. “Royal Caribbean Cruises Ltd. benefits in many ways, including the latest advances in remote monitoring technology, and we are looking at a set-up that will optimize the operational availability and maximize engine efficiency,” says Gregory M. Purdy, Vice President Marine Operations for Celebrity Cruises.

Wärtsilä has been developing long-term efficiency increasing strategies to help reduce customers’ operational expenses, increase energy efficiency, and optimize environmental performance. “This is a new type of agreement, a joint co-operation where we, together with the customer, have constructed each element of it. This agreement combines the knowledge from the customer’s side, with our knowledge and experience in providing services and support for a wide variety of installations,” says Leif Rönnskog, Vice President, Strategic Account Management, Wärtsilä North America.

Royal Caribbean Cruises Ltd. operates a substantial number of Wärtsilä engines and has over 40 years of co-operation and partnership with Wärtsilä. Wärtsilä Services has the broadest network and portfolio in the industry. It has operations in 70 countries and 160 locations with over 11,000 employees. Wärtsilä has extensive experience in providing long-term operation, management and maintenance services for marine installations and land-based power plants all over the world.

For further information, please contact:

Leif Rönnskog
Vice President, Strategic Account Management
Wärtsilä North America Inc.
Tel. +1 954 3274700
leif.ronnskog@wartsila.com

Tuula Franck
Senior Manager, Media and Stakeholder Relations
Wärtsilä Corporation
Tel. +358 400 267 555
tuula.franck@wartsila.com

Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers.
In 2010, Wärtsilä’s net sales totalled EUR 4.6 billion with more than 17,500 employees. The company has operations in 160 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com

Royal Caribbean Cruises Ltd. in brief
Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises and CDF Croisieres de France. The company has a combined total of 40 ships in service and two under construction. It also offers unique land-tour vacations in Alaska, Asia, Australia/New Zealand, Canada, Dubai, Europe and South America. Additional information can be found on www.royalcaribbean.com, www.celebritycruises.com, www.pullmantur.es, www.azamaraclubcruises.com, www.cdfcroisieresdefrance.com  or www.rclinvestor.com