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Wärtsilä Signs First Global Customer Agreement

Posted on May 6, 2005

Wärtsilä Deutschland GmbH and Reederei Blue Star GmbH in Hamburg, Germany, have today signed a Global Customer Agreement to cover a substantial part of the maintenance and operation support of a number of ships in the Blue Star fleet.

Under this agreement Wärtsilä will provide regular inspections, all maintenance planning and work, all spare parts, along with operation support and regular reporting for the main engines, generating sets and all relevant ancillary systems in the ships' engine rooms. Wärtsilä is also responsible for contract management and global coordination of these activities. Wärtsilä will apply modern remote monitoring technologies and condition-based maintenance principles to secure reliability and achieve long-term savings.

Initially, the agreement covers a series of nine 2550 TEU Blue Star container vessels. Delivered from Korea in 2003-2004, the vessels are each powered by a seven-cylinder Sulzer RTA72U-B main engine of 21.5 MW output, and four diesel generating sets with a combined output of 6.5 MW. The initial ships' machinery covered by this agreement has an aggregate power of 252 MW. The agreement is valid for a period of five years, with options to extend it for two additional five-year periods. As it is a frame agreement, it has flexibility for more vessels to be added at a later date.

This is the first Global Customer Agreement to be signed by Wärtsilä for ocean-going vessels. This type of agreement is specially designed to fit the specific requirements of vessels that are trading globally in a liner service. The services are provided at fixed agreement fees, which offers additional customer benefits, such as operation cost predictability and additional performance guarantees.

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