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Wärtsilä signs 5-year agreement with LMM for engines of its new vessels

Wärtsilä signs 5-year agreement with LMM for engines of its new vessels

The Wärtsilä Technology Group has signed a five-year Optimized Maintenance Agreement covering the main engines of two Very Large Gas Carrier (VLGC) Latsco Marine Management vessels (LMM).

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The deal, which has been in force since September, was signed in August 2020. At the Hyundai Heavy Industries (HHI) yard in South Korea, the two ships, the Hellas Dynasty and the Hellas Voyager, were constructed in 2020.

Optimized maintenance agreements are a major aspect of Wärtsilä's offering of Lifecycle Solutions and are structured to ensure the security of operations with maintenance costs budgeted.

Wärtsilä will include remote assistance and condition monitoring systems under the terms of the agreement, including Expert Insight, a unique digital offering which has recently been extended from 4-stroke engines to include 2-stroke engines as well. Expert Insight helps Wärtsilä Expertise Centres around the world to provide assistance proactively to consumers, while ensuring reliable long-term insight for predictive maintenance.

The service will minimize up to 50 percent of unplanned maintenance while still reducing fuel consumption and pollution by 3 to 4 percent.

A wide range of services for vessel engines will also be offered by Wärtsilä, including 24/7 remote technical support and regular audits, as well as the planning and distribution of spare parts needed for the overhaul. Currently, Wärtsilä has over 700 vessels covered under repair agreements.

Maritime Business World 

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