Repeat Order from Prestige Cruise for Wärtsilä

By Joseph R. Fonseca
Sunday, June 29, 2014

 

Two vessels have been added to the five-year maintenance agreement that was signed between Wärtsilä, the marine industry’s leading solutions and services provider, and US-based Prestige Cruise Holdings, Inc. (Prestige), the parent company of Oceania Cruises and Regent Seven Seas Cruises. The agreement now covers eight vessels with a total of 35 Wärtsilä engines.

The tailor-made agreement that was signed in 2012 with Prestige is one of the most comprehensive yet for the cruise industry. The depth and scope of the agreement covers pro-active planning by both companies working in co-operation. It also involves dedicated teams from both parties, which will work closely together to ensure maximized lifetime, reduced operational costs and optimal performance of the Prestige fleet.

The broad scope of services that are provided under this agreement include maintenance planning, technical surveys, condition monitoring, spare parts supply, training and workshop services. This agreement ensures the certainty of Prestige’s operations by transferring the responsibility for their vessels’ maintenance to Wärtsilä. It also increases Prestige’s financial predictability by covering maintenance planning and service with fixed prices.

"We have been very satisfied with our cooperation with Wärtsilä. Wärtsilä has displayed their ability to deliver the value that they promised in the agreement, providing us the peace of mind through risk sharing and a streamlined cost structure," says Robin Lindsay, Executive Vice President, Vessel Operations, Prestige Cruise Holdings.

"The purpose of maintenance agreements is to enable customers to focus on their core business. We are very pleased that Prestige sees the added value in this agreement with Wärtsilä and has chosen to add two more vessels," says Sean Carey, General Manager of Contract Management, Wärtsilä North America, Inc.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

URAG Orders Two ASD Tugs from Damen

URAG, a German port and offshore towage provider based in Bremerhaven, has placed an order for two Damen ASD 2411 tugs. The contract was signed at the SMM exhibition in Hamburg.

iSURVEY Awarded Two-year Contract with Island Offshore

iSURVEY has been awarded a two-year contract with offshore vessel owner, Island Offshore Management, which will see iSURVEY AS provide positioning services to Island

Buckeye Pipeline Quietly Makes Key Acquisition

Houston-based logistic firm Buckeye Partners has spent more than $3.5 billion buying assets since 2010, transforming itself from a quiet regional pipeline utility into an emerging energy powerhouse.

News

Arctic Wreck Found after 169 Years

After more than 169 years, Canadian researchers discovered one of the two ships from the doomed Arctic expedition of Sir John Franklin, cracking one of the largest mysteries in sea exploration.

URAG Orders Two ASD Tugs from Damen

URAG, a German port and offshore towage provider based in Bremerhaven, has placed an order for two Damen ASD 2411 tugs. The contract was signed at the SMM exhibition in Hamburg.

Hyundai Mipo Dockyard Delivers Fourth PSV

Hyundai Mipo Dockyard (HMD) delivered the fourth high value platform supply vessel (PSV) for BP Shipping at its main shipyard in Ulsan, South Korea. HMD won

Vessels

URAG Orders Two ASD Tugs from Damen

URAG, a German port and offshore towage provider based in Bremerhaven, has placed an order for two Damen ASD 2411 tugs. The contract was signed at the SMM exhibition in Hamburg.

Hyundai Mipo Dockyard Delivers Fourth PSV

Hyundai Mipo Dockyard (HMD) delivered the fourth high value platform supply vessel (PSV) for BP Shipping at its main shipyard in Ulsan, South Korea. HMD won

EMS Seven Seas Announces New CEO

EMS Seven Seas announces new CEO; enters into agreement to acquire Wave Shipping, a Singapore-based maritime and port agency services company. EMS Seven Seas,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1785 sec (6 req/sec)