Wärtsilä's asset and lifecycle management agreement lets GasLog concentrate on its core business
The technology group Wärtsilä has signed a maintenance agreement with Monaco-based GasLog LNG Services, covering eight LNG carriers operating on Wärtsilä dual-fuel engines. The agreement ensures the certainty and predictability of fleet operations by engaging Wärtsilä in the maintenance and optimisation of the vessels' engines, the company said in its press release.
The agreement, effective on 1 October 2017, consists of Dynamic Maintenance Planning (DMP), technical support, secured availability of spare parts and specialised technical personnel around the clock as well as constant performance monitoring. Wärtsilä's digital services enable remote troubleshooting and tuning of engines as well as software updates. Additionally, continuous collection of performance data allows for detailed analysis which is reported to GasLog on a regular basis.
The agreement covers eight LNG carriers: four new LNG carriers and a renewal of services for an additional four LNG carriers. The new agreement expands the cooperation between Wärtsilä and Gaslog; the two companies have an existing maintenance agreement in force, signed in 2014, which covers seven more vessels.
GasLog is a Monaco-based international owner, operator and manager of LNG carriers. The company's fleet consists of 27 LNG carriers, 22 of which are in operation while 5 are on order and will be delivered within the next two years.
Wärtsilä Services in brief
Wärtsilä Services provides high-quality lifecycle services that enhance customers' business. Its broad range of services supports both shipping and power generation companies, whenever and wherever needed. Solutions range from spare parts and basic support to ensuring the maximised lifetime, increased efficiency and guaranteed performance of the customer's equipment or installation - in a safe, reliable, and environmentally sustainable way.