Five-year Wärtsilä Lifecycle Agreement offers increased

Wärtsilä Corporation has signed a five-year lifecycle agreement with NMDC Group, a leading dredging and marine contractor in the Middle East. This partnership aims to enhance the operational efficiency and availability of NMDC’s dredging fleet. The agreement, booked in Q1 2025, covers seven of NMDC’s dredgers and may expand to include more vessels in the future.

Enhancing Dredging Operations

The Lifecycle Agreement includes a customized maintenance program for the engine and propulsion systems of NMDC’s vessels. It also incorporates digital solutions and performance guarantees designed to boost fleet availability and reduce maintenance costs. With increasing demand for its services, NMDC recognizes that vessel availability is crucial for its operations. By utilizing Wärtsilä’s advanced digital tools, such as Expert Insight, NMDC expects to significantly minimize planned downtime. This reduction in downtime could lead to increased revenues, with estimates suggesting potential additional earnings of up to 3 million EUR.

Furthermore, the contract features Dynamic Maintenance Planning, which is projected to lower maintenance costs by 14%. Peter Marvin, Chief Technical & Resource Pool Officer at NMDC Group, emphasized the importance of this agreement, stating, “Increasing availability and reducing downtime of our vessels is a priority for our company.” He noted that the partnership with Wärtsilä is vital for advancing reliable and sustainable operations in the region.

Wärtsilä renews its partnership with ONEE for the maintenance of two power plants in Morocco

Henrik Wilhelms, Director of Agreement Sales at Wärtsilä, highlighted the challenges NMDC faces in demanding environments where uptime and vessel flexibility are essential. He stated, “Our tailored digital solutions and expert operational support will ensure that their vessels are not only more reliable but also operate at peak efficiency throughout the contract duration.” This agreement underscores Wärtsilä’s commitment to delivering long-term value and helping customers navigate their operational challenges.

As the shipping industry increasingly embraces digital and customized solutions, this partnership reflects Wärtsilä’s dedication to innovation. The agreement positions Wärtsilä as a trusted partner for NMDC, reinforcing a relationship built on reliability and a shared vision for the future of marine operations.