Extended Wärtsilä agreement continues support for Carnival Corporation’s fleet decarbonisation goals

Wärtsilä Corporation, Press release 25 January 2024 at 10:30 UTC+2
  • Costa Fortuna, one of the cruise ships of Costa Cruises fleet © Carnival Corporation

Technology group Wärtsilä and Carnival Corporation & plc have signed a one-year extension to the Performance based agreement that has been in place since 2017. The agreement, which was due to expire in March 2029, will now be valid until March 2030. It covers the maintenance, technical support, optimisation and fuel saving solutions for 57 cruise ships within the global Carnival Corporation fleet. The contract was signed in October 2023.

By optimising the performance and efficiency of the ships’ Wärtsilä engines, fuel consumption is reduced, which in turn lowers greenhouse gas emission levels. The programme is considered a key element within Carnival Corporation’s strategy to reduce greenhouse gas emissions along its fleet operations.

“In extending our agreement with Wärtsilä, we are emphasising our commitment to reducing our environmental impact as we pursue net zero emissions by 2050,” says Riccardo Cordara, AVP Fleet Asset Management at Carnival Corporation. “The partnership and collaboration with Wärtsilä are extremely important to us, and we appreciate the ongoing support they are able to provide.”

“We are pleased to continue and strengthen our long-term partnership with Carnival Corporation via this agreement extension. Wärtsilä can leverage on its vast experience, its in-house expertise, and its innovative approach to maintenance support to optimise performance and efficiency. The result benefits not only cruise operations, but the environment as a whole,” says Andy Dickinson, Director PBL at Wärtsilä.

In addition to scheduled and unscheduled spare parts, the Wärtsilä agreement includes technical advisory for major overhauls, technical audits, crew training, equipment monitoring, technical support, and an industry-first tailored fuel savings programme.

Carnival Corporation & plc is the largest global cruise company and among the largest leisure travel companies with a portfolio of world-class cruise lines – AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises and Seabourn.

Media contact for more information on this release:

Isabella Alder
Positioning and Strategic Communications Manager
Wärtsilä Marine
Tel: +44 (0) 7792 681 757

Image caption: Costa Fortuna, one of the cruise ships of Costa Cruises fleet © Carnival Corporation

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Wärtsilä in brief:
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,500 professionals in more than 240 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2022, Wärtsilä’s net sales totalled EUR 5.8 billion. Wärtsilä is listed on Nasdaq Helsinki.

Wärtsilä Marine in brief:
Wärtsilä Marine is a global pioneer in power, propulsion and lifecycle solutions for the marine market. From developing industry-leading technologies to advance maritime's transition to new fuels through to building an end-to-end digital ecosystem where all vessels and ports are connected, Wärtsilä Marine is driving the shipping industry forward on its journey towards a decarbonised and sustainable future. We are doing this through our broad portfolio of engines, propulsion systems, hybrid technology, exhaust treatment, shaft line solutions and digital technologies, as well as integrated powertrain systems. Our offering, which is underpinned by our performance-based agreements, upgrades, lifecycle solutions, decarbonisation services, as well as an unrivalled global network of maritime expertise, delivers the efficiency, reliability, safety, and environmental performance needed to support a safe and sustainable future for our customers, our communities and our planet.