Wärtsilä signs 12-year €900M performance-based maintenance deal with Carnival

Wärtsilä signed a 12-year performance-based agreement with Carnival Corporation, valued at about EUR 900 million, to handle engine maintenance and monitoring for 79 Carnival vessels, effective April 1, 2017.

“The performance-based agreement is valued at €900 million, and provides for shared financial incentives and exposure based on outcomes for both parties.”lngindustry.com

• 2 sources
• lngindustry.comWärtsilä and Carnival sign agreement on cruise ship safety and reliability | LNG IndustryJan 25, 2017
• wartsila.comWärtsilä and Carnival Corporation announce strategic performance-based partnershipJan 25, 2017

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