Wärtsilä and Maersk LNG sign service agreemen...

Wärtsilä Corporation, Trade and Technical Press release, 30 December 2009


Wärtsilä, the marine industry's leading ship power system integrator, has signed
a long term service agreement with Maersk LNG. The agreement includes
maintenance planning, condition & performance monitoring, co-ordination and
supply of technical services, parts and service work for five 165,000 cum LNG
vessels equipped with Wärtsilä 50DF dual-fuel engines over a 5 year period.

"For Maersk LNG, this service agreement means improved levels of certainty
regarding servicing of the main engines on our LNG vessels. With this monitoring
system in place, maintenance work can be proactive," said Claus H. Thomsen,
Director, Maersk LNG. "The contract also guarantees us stable maintenance costs
for at least the next five years."

Wärtsilä has extensive experience in providing long-term operational and
management services for about 1000 similar engines installed in ships and
land-based power plants all over the world. Shipping is a different market
though, which makes it important to create concepts fully adapted to the marine
industry.

Headquartered in Copenhagen, Maersk LNG operates a fleet of seven LNG vessels,
with one more on order for delivery early 2010. Maersk LNG is part of the A.P.
Moller - Maersk Group, which employs about 117,000 people in some 130 countries
around the world. The A.P. Moller - Maersk Group fleet includes container
vessels, tankers, supply ships and drilling rigs. Besides shipping, the A.P.
Moller - Maersk Group is engaged in exploration for and production of oil and
gas as well as retail activities.


Significant operational advantages

Wärtsilä offers proactive and dynamic maintenance programmes called DMP (Dynamic
Maintenance Planning), which includes the planning and scheduling of engine
maintenance based on online monitoring of each engine's mechanical condition,
performance, system efficiency data and other indicators. As data is collected
and monitored daily, the sources of faults can be identified before failure
occurs.

"Wärtsilä's service agreements including DMP are mainly about risk management in
vessel operation," says Bo Lindy Jensen, General Manager, Strategic Account
Management, Wärtsilä in Denmark. "By providing this service we are supporting
our customer's business."

"As a designer and manufacturer of marine and power plant engines, Wärtsilä also
has the best possible know-how regarding how they should be maintained," says
Jensen. "Long-term service contracts provide us with a continuous flow of
information on each engine's operational characteristics throughout its
life-cycle. Combined with our experience, this information helps us develop even
better products and service solutions."

The Wärtsilä DMP system offers clear potential for reducing maintenance costs.
Intervals between overhauls are flexible based on actual condition and
operational risk profile, the need for unplanned maintenance is reduced, up-time
is increased and engine efficiency can be optimized.


Link to a picture can be found at the end of this release.
Caption: Mr Uffe Nyborg Johansen, President & General Manager Services, Wärtsilä
in Denmark, Mr Paul Carsten Pedersen, Chief Executive Officer, Maersk FPSOs and
Maersk LNG and Mr Christoph Vitzthum, Group Vice President, Wärtsilä Services,
sign the service agreement between Wärtsilä and Maersk LNG.






Media contact:
Ms Marit Holmlund-Sund
Senior Manager, PR and Marketing Communications
Wärtsilä Corporation
Direct tel: [phone]
Direct fax: [phone]
e-mail: [e-mail]
Internet: www.wartsila.com <

http://www.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 2008, Wärtsilä's net sales totalled EUR 4.6 billion with 19,000 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 <

http://www.wartsila.com/>




[HUG#1369039]





    Signing of service agreement: 

http://hugin.info/131481/R/1369039/334828.jpg