Technical News

Wärtsilä & Seapeak Renew Lifecycle Agreement

Written by...

Picture of Kate Rainford

Kate Rainford

Kate is our deputy editor at Tank Storage Magazine

Technology group Wärtsilä has signed a 16-year Lifecycle Agreement with Seapeak Maritime (Glasgow), one of the largest independent owner-operators of liquefied gas vessels. The contract covers ten LNG carriers and is an extension of an earlier Wärtsilä Lifecycle Agreement for these vessels.

The global demand for LNG is rising, which is driving a need for fewer maintenance interventions in LNG Carriers in operation. This is especially key as the vessels under this service agreement operate in a highly dynamic and fast-moving market environment, with ongoing challenges around predicting vessel schedules and voyage times. The new agreement, which is based on 72,000 running hours, is designed to increase the engines’ time between overhauls to 30,000 operating hours. The enhanced maintenance performance enabled by this agreement will result in a new level of support for the operator.

Andrea Morgante, vice president, performance service at Wärtsilä Marine says: ‘Optimal maintenance procedures for the ship’s engines and equipment add considerable value through enhanced efficiency and reduced operating costs. Wärtsilä’s lifecycle support approach, as illustrated by our tailored maintenance agreements, is a central pillar in our efforts to increase efficiencies and add greater sustainability to our customers’ operations.’

The scope of the agreement includes remote 24/7 operational support from Wärtsilä experts, Dynamic Maintenance planning, Wärtsilä’s predictive maintenance service Expert Insight, scheduled spare parts, and field service for larger and more complex issues. Wärtsilä will also provide a full-time Contract Manager in Seapeak’s Glasgow office.

Share this article:

Latest technical news

Technical News

AUMA Presents New TIGRON SIL Actuators

AUMA is proud to present the SIL version of TIGRON, the new high-performance, explosion-proof electric actuator series for the highest safety requirements. TIGRON SIL actuators combine maximum safety for safety-related

Read More