Wärtsilä signs major long-term maintenance su...

Wärtsilä Corporation, Trade & Technical Press release, 19 April 2011

This maintenance support agreement is the single largest maintenance agreement
ever to be signed between Wärtsilä and a marine customer, covering some 1400 MW.
It will enhance the optimized planning of overhauls and spare parts logistics,
focusing on improved fuel economy and the predictability of the customer's
operational costs.

Wärtsilä, the marine industry's leading solutions and services provider, has
signed a five year maintenance support agreement with Royal Caribbean Cruises
Ltd. It is a joint co-operation between Wärtsilä and Royal Caribbean Cruises
Ltd. and its operating companies Royal Caribbean International, Celebrity
Cruises, and Azamara Club Cruises.

The maintenance support agreement contains a wide range of services, including
maintenance planning, spare parts logistics optimization, the development and
testing of engine components, fuel consumption optimization, as well as an
advisory service for overhauls and workshop services. In addition, the agreement
incorporates the development and implementation of future remote engine
monitoring systems and associated software.

"This maintenance support agreement provides the superior predictability and
innovation level we seek. In addition, it serves as the benchmark for other
service agreements and an outstanding model for joint technical co-operation. It
is truly evolutionary for the industry," says Captain William S. Wright, Senior
Vice President Marine Operations, Royal Caribbean International.

The maintenance support agreement covers 29 vessels with an option to add more
vessels in the future. A total of 118 Wärtsilä engines comprising the Wärtsilä
46, Wärtsilä 38B, Wärtsilä 32LN and Wärtsilä Vasa 32 types, with an aggregated
output of approximately 1400 MW, make this the single largest maintenance
agreement to be signed between Wärtsilä and a marine customer. The maintenance
support agreement will enhance the optimized planning of overhauls and spare
parts logistics, focusing on improved fuel economy and the predictability of
operational costs.

Improved fuel economy translates to lower emissions, and the lean spare part
logistics planning, which focuses on low environmental impact, contributes to a
better environmental performance. "Royal Caribbean Cruises Ltd. benefits in many
ways, including the latest advances in remote monitoring technology, and we are
looking at a set-up that will optimize the operational availability and maximize
engine efficiency," says Gregory M. Purdy, Vice President Marine Operations for
Celebrity Cruises.

Wärtsilä has been developing long-term efficiency increasing strategies to help
reduce customers' operational expenses, increase energy efficiency, and optimize
environmental performance. "This is a new type of agreement, a joint co-
operation where we, together with the customer, have constructed each element of
it. This agreement combines the knowledge from the customer's side, with our
knowledge and experience in providing services and support for a wide variety of
installations," says Leif Rönnskog, Vice President, Strategic Account
Management, Wärtsilä North America.

Royal Caribbean Cruises Ltd. operates a substantial number of Wärtsilä engines
and has over 40 years of co-operation and partnership with Wärtsilä. Wärtsilä
Services has the broadest network and portfolio in the industry. It has
operations in 70 countries and 160 locations with over 11,000 employees.
Wärtsilä has extensive experience in providing long-term operation, management
and maintenance services for marine installations and land-based power plants
all over the world.

For further information, please contact:

Leif Rönnskog
Vice President, Strategic Account Management
Wärtsilä North America Inc.
Tel. [phone]
[e-mail]

Tuula Franck
Senior Manager, Media and Stakeholder Relations
Wärtsilä Corporation
Tel. [phone] 555
[e-mail]



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 2010, Wärtsilä's net sales totalled EUR 4.6 billion with more than 17,500
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


Royal Caribbean Cruises Ltd. in brief

Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates
Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club
Cruises and CDF Croisieres de France. The company has a combined total of 40
ships in service and two under construction. It also offers unique land-tour
vacations in Alaska, Asia, Australia/New Zealand, Canada, Dubai, Europe and
South America.  Additional information can be found onwww.royalcaribbean.com,
www.celebritycruises.com, www.pullmantur.es, www.azamaraclubcruises.com,
www.cdfcroisieresdefrance.com or www.rclinvestor.com






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Source: Wärtsilä Oyj Abp via Thomson Reuters ONE

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