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Home News Wärtsilä and Seapeak sign Lifecycle Agreement for ten LNG Carriers

Wärtsilä and Seapeak sign Lifecycle Agreement for ten LNG Carriers

Technology group Wärtsilä has signed a 16-year Lifecycle Agreement with Seapeak Maritime (Glasgow) Ltd, one of the largest independent owner-operators of liquefied gas vessels.

The contract, which took effect in January 2024, covers ten LNG Carriers and is an extension of an earlier Wärtsilä Lifecycle Agreement for these vessels. The new order was booked by Wärtsilä in the first quarter of 2024.

The new agreement, which is based on 72,000 running hours, is designed to increase the engines’ time between overhauls to 30,000 operating hours. The enhanced maintenance performance enabled by this agreement will result in a new level of support for the operator.

“We are focused on improving performance and optimising our fleet’s maintenance concept. This is why we have entered into this new agreement with Wärtsilä, as a trusted support provider. This agreement goes beyond what we had before and will take us into a new era of maintenance efficiency,” said Michael McNaul, Fleet Manager of Seapeak.

The scope of the agreement includes remote 24/7 operational support from Wärtsilä experts, Dynamic Maintenance planning, Wärtsilä’s predictive maintenance service Expert Insight, scheduled spare parts, and field service for larger and more complex issues. Wärtsilä will also provide a full-time Contract Manager in Seapeak’s Glasgow office.

Wärtsilä’s Expert Insight is a predictive maintenance service that combines artificial intelligence techniques and advanced diagnostics with Wärtsilä’s OEM expertise to identify anomalous behaviour. It proactively identifies and highlights potential failures and early indications of equipment deterioration.

“Optimal maintenance procedures for the ship’s engines and equipment add considerable value through enhanced efficiency and reduced operating costs. Wärtsilä’s lifecycle support approach, as illustrated by our tailored maintenance agreements, is a central pillar in our efforts to increase efficiencies and add greater sustainability to our customers’ operations,” commented Andrea Morgante, Vice President, Performance Service at Wärtsilä Marine.





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