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October 5, 2018

Royal Caribbean extends maintenance deal with Wärtsilä

Wärtsilä and Royal Caribbean Cruises (RCL) have extended an existing service agreement, originally reached in 2013, until 2028.

Wärtsilä and Royal Caribbean Cruises (RCL) have extended an existing service agreement, originally reached in 2013, until 2028.

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As part of the original deal, Wärtsilä is using improved turbocharger maintenance to optimise the maintenance efficiency of 46 RCL ships.

Wärtsilä is also providing original equipment manufacturer (OEM) spare parts, workshop services and preferred technical assistance for the vessels.

Under the new agreement, Wärtsilä will maintain a total of 196 engines installed on 46 RCL ships, most of which sail in the Caribbean and Europe.

The majority of vessels in RCL’s fleet feature Wärtsilä’s condition monitoring technology, which is designed to send real-time information about the engine condition to a Wärtsilä Expertise Centre for analysis.

The technology enables scheduled predictive maintenance and optimisation of operations.

The extended deal will also allow RCL Global Marine to make continuous improvements by having direct access to the technical innovations going on at Wärtsilä.

“When it comes to maintenance planning and operations, the marine and cruise industry is moving more and more toward long-term partnerships.”

Wärtsilä Services North America service unit director Sean Carey said: “When it comes to maintenance planning and operations, the marine and cruise industry is moving more and more toward long-term partnerships.

“This is a natural direction, as it enables a holistic approach to vessel maintenance.

“A partner that understands the installation and optimises their condition throughout their lifecycle can help the Royal Caribbean to enhance their business. Close cooperation is essential in such partnerships.”

In August, Wärtsilä secured a deal to replace the generating sets on-board De Beers Marine’s diamond mining ship, Debmar Pacific.

The deal involves the vessel to be configured with new Wärtsilä gensets to extend the lifetime and improve reliability.

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Free Report
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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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