Wärtsilä Guaranteed Asset Performance Agreement

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Wärtsilä Guaranteed Asset Performance - Assured performance and improved profitability

A Guaranteed Asset Performance Agreement ensures the operational reliability, performance and availability of your assets. Quantifiable performance targets are mutually agreed based on your business needs, and Wärtsilä guarantees that these targets will be reached and maintained. The measurable indicators can include, for example, uptime, reliability, fuel consumption, emissions and overhaul duration. This kind of outcome-based agreement is a true partnership where Wärtsilä shares the risks and rewards with you.

Key benefits

  • Guaranteed operational efficiency and availability
  • A partnership based on shared risks and rewards
  • Predictable maintenance costs enabling easier budgeting
  • Increased visibility into your operational data with detailed insights
  • Actionable advice from Wärtsilä Expertise Centre experts 
  • Smarter, safer and more sustainable operations

Building blocks for guaranteed asset performance

A Guaranteed Asset Performance Agreement is a tailored to your unique needs by combining the right services and solutions into a comprehensive agreement package. The building blocks are: 

Guaranteed asset performance

Connectivity Solution
Partnership Management
Maintenance Planning
Fluid Management
Exchange Set Management
Data-driven Dynamic Maintenance Planning (DMP)
Expert Insight
Operational Support
Fuel Efficiency Optimisation
Spare Parts
Maintenance Execution
Performance Guarantees

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  • Carnical-freedom-reference-slide
    CARNIVAL CORPORATION

    12-YEAR GUARANTEED ASSET PERFORMANCE AGREEMENT FOR THE FLEET OF 79 CRUISE VESSELS

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Improvements have been seen across all aspects of our operations, from day-to-day activities to major overhauls, where everything – down to the smallest details – is being handled better and smarter and with a focus on constant improvement of engine performance and SFOC reduction.

- Riccardo Cordara, Senior Director, Fleet Asset Management, Carnival Corporation

Articles

Lets-agree-to-cut-emissions
Article / 22 APR 2021 5 MIN READ

Let’s agree to cut emissions

In the discussion around decarbonisation, vessel owners and operators are faced with an array of options in terms of...
  • Marine Power
  • Lifecycle services
  • Decarbonisation & future fuels
Carnival Victory
Article / 12 APR 2021 5 MIN READ

Guaranteed asset performance – a win-win for Wärtsilä and Carnival

After seeking new ways to draw even greater mutual value from their partnership,...
  • Marine Power
  • Lifecycle services
  • Decarbonisation & future fuels
A marine marriage
Article / 2 FEB 2017 5 MIN READ

A marine marriage

When speaking to Bill Burke from Carnival Corporation and Fraser Scott at Wärtsilä, they jokingly refer to themselves as “marriage...
  • Voyage
Article / 24 OCT 2019 5 MIN READ

How a new agreement opened up possibilities for the Wärtsilä-Carnival relationship

Two years in, the performance-based logistics agreement (PBL)...
  • Sustainability
  • Technology
  • Lifecycle services

Related solutions

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