Engine service agreement could net €40m

Wärtsilä 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 €30m to €40m over three years.

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.