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Wartsila Corporation Press Release 2 July 2025 at 11AM EEST
Technology group Wartsila has signed a five-year with Greek Athens-based LNG management company Alpha Gas. The agreement covers two LNG carriers which each have four and is aimed at giving Alpha Gas increased operational insight availability and better maintenance cost predictability. The order with Wartsila was booked in Q2 2025.
In todays legislative and economic environment shipowners and operators are increasingly looking for support in maximising efficiency and use of their assets. For LNG carriers in particular which have limited opportunities for unscheduled stops and downtime they are specifically looking to safeguard the reliability of their vessels.
Our emphasis is on enabling the highest level of efficiency and reliability throughout our fleet says Peter Lonski Technical Director Alpha Gas. This agreement with Wartsila will help us achieve that goal while at the same time allowing us to accurately predict our maintenance costs. We also expect to be able to extend the time between overhauls thanks to the dynamic maintenance planning feature.
The agreement with Wartsila will help Alpha Gas to optimise the operations and maintenance of these LNG carriers more effectively through 24/7 expert remote support and guidance for troubleshooting and maintenance using specialist diagnostic tools. It will allow Wartsila experts to directly monitor the vessels systems and employ advanced diagnostic tools to support the crew with troubleshooting activities and rapid fault resolution. The agreement will also help to minimise OPEX and lifecycle costs by enabling preventive interventions that can avoid the need for later expensive repairs and on-site visits.
The maritime industry is complex with many moving parts; therefore we take a consultative approach with our customers working closely with them to tailor the agreement to their specific needs as a means to add value to their operations comments Henrik Wilhelms Director Agreement Sales Wartsila Marine. As every business model is unique we are fully committed to ensuring our customers assets can deliver maximum value throughout their lifecycle. This is especially important in the context of the industrys stringent environmental targets for net-zero by 2050.
Wartsila signed a similar agreement with Alpha Gas in November 2024 covering two more LNG carriers. The four Alpha Gas sister vessels now covered by the Wartsila Lifecycle Agreement are the Energy Pacific Energy Endeavour Energy Integrity and the Energy Intelligence.
Media contact for more information on this release:
Isabella Alder
Positioning and Strategic Communications Manager Wartsila Marine
Tel: +44 (0) 7792 681 757
Image caption: Wartsila has signed a five-year Lifecycle Agreement with Greek Athens-based LNG management company Alpha Gas for two LNG carriers. The agreement is aimed at giving Alpha Gas increased operational insight availability and better cost predictability. (c) Alpha Gas
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Wartsila Marine in brief
Wartsila Marine is a global pioneer in power propulsion and lifecycle solutions for the marine market. We develop industry-leading technologies advancing maritimes transition to new fuels. We support building an end-to-end digital ecosystem where all vessels and ports are connected. Ultimately Wartsila Marine is driving the shipping industry forward on its journey towards a decarbonised and sustainable future through our broad portfolio of engines propulsion systems hybrid technology exhaust treatment shaft line solutions and digital technologies as well as integrated powertrain systems. Our offering which is underpinned by our performance-based agreements upgrades lifecycle solutions decarbonisation services as well as an unrivalled global network of maritime expertise delivers the efficiency reliability safety and environmental performance needed to support a safe and sustainable future for our customers our communities and our planet.
Wartsila in brief
Wartsila is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 18300 professionals in more than 230 locations in 77 countries is shaping the decarbonisation of our industries across the globe. In 2024 Wartsilas net sales totalled EUR 6.4 billion. Wartsila is listed on Nasdaq Helsinki.
