Van Oord and Wartsila Enter Partnership Agreement

With the signing of a new three-year framework service agreement, Wartsila and Van Oord have entered into an exclusive partnership for all field service and parts supply.

The agreement covers preventive and corrective engine maintenance on Van Oord’s fleet of dredging and other vessels. The contract has a total value of EUR 30 – 40 million over three years. The contract was signed on 13 February 2014 in Rotterdam.

The framework agreement will enable both parties to plan the required service work well in advance, thereby ensuring minimal vessel downtime and the effective use of human resources. Van Oord will also benefit from the latest Wärtsilä technological developments on the ships’ engines, including upgrades that offer reduced consumption of fuel and lubrication oil.

Wärtsilä will allocate a dedicated, permanent, team to support the Van Oord vessels included in the agreement. The team will co-ordinate activities on a worldwide basis, focusing on value creation, energy efficiency and a sustainable supply chain.

During recent years, Wärtsilä has signed many such agreements, collaborating with ship owners to develop agreements that are uniquely adapted for each vessel.

[mappress]
wartsila, February 13, 2014