Wärtsilä and Royal Caribbean Group Sign Five-Year Lifecycle Agreement

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Wärtsilä, a leading technology group, has entered into a five-year Lifecycle Agreement with Royal Caribbean Group to optimize the performance, reliability, and availability of the engines on 37 of the cruise company’s ships. The collaboration is geared towards improving operational efficiency while supporting Royal Caribbean’s sustainability and decarbonization goals.

Strengthening a Long-Term Partnership

Roger Holm, President of Wärtsilä Marine and Executive Vice President at Wärtsilä Corporation, highlighted the importance of this agreement:
“This agreement not only solidifies our exemplary long-term partnership but also elevates our collaboration to new heights, ensuring the highest operational reliability while meeting stringent sustainability standards.”

Similarly, Palle Laursen, Executive Vice President and Head of Marine for Royal Caribbean Group, emphasized the value of such collaborations:
“Partnerships with companies like Wärtsilä serve as a cornerstone in our joint efforts to accelerate reliable and sustainable operations.”

Optimising Engine Performance and Sustainability

A key component of Wärtsilä’s Lifecycle Agreements is ensuring that technological solutions onboard operate at their best throughout their lifespan. The agreement includes both scheduled and unscheduled maintenance and introduces Wärtsilä’s Expert Insight service. This AI-powered predictive maintenance system, delivered through Wärtsilä’s global Expertise Centres, helps to enhance asset efficiency while reducing operating costs and emissions.

Shared Gains Through Performance-Based Collaboration

In an innovative move, the agreement includes a performance-based model where operational and maintenance improvements benefit both Royal Caribbean Group and Wärtsilä. By sharing gains, the two companies underscore their collaborative commitment to achieving the highest standards of reliability and performance.

Reducing Maintenance Risks and Downtime

The framework of the Lifecycle Agreement minimizes the risk of unplanned maintenance, reducing costly downtime and improving fuel efficiency. This, in turn, supports the cruise industry’s goal of achieving net-zero operations, ensuring that Wartsila Royal Caribbean’s fleet remains compliant with evolving environmental regulations.

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Source: Wärtsilä