Carnival and Wärtsilä in performance partnership
Wärtsilä and Carnival Corporation are strengthening their efforts to maintain cruise ship safety and reliability with the signing of a new 12-year maintenance agreement for Carnival vessels.
Under the agreement, all engine maintenance and monitoring work for 79 of Carnival Corporation's vessels will be handled by Wärtsilä with ongoing planning being a collaboration between both companies.
The new agreement, which is worth around €900 million, will also provide for shared financial incentives and exposure based on outcomes for both companies.
"Our agreement with Wärtsilä extends our cooperation to a strategic partnership," said Bill Burke, chief maritime officer for Carnival Corporation. "In addition to reducing our costs, the long-term agreement increases safety and operational efficiency - two critical advantages in the fast-growing cruise market."
The agreement includes Wärtsilä's Dynamic Maintenance Planning (DMP) and Condition Based Maintenance (CBM) which allows for real-time optimisation of the equipment whilst predicting operational and maintenance demands.
With approximately 400 Wärtsilä engines covered under the agreement, even the smallest improvements in vessel fuel consumption add up to significant annual savings in fleet operational costs.
For Wärtsilä, the strategic partnership encourages increased focus on research and development, manufacturing and other functions to make its products even better and more efficient.
Further improvements in energy efficiency will be a significant focus area for Wärtsilä within this agreement and a key driver for the cooperation between the two companies.
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