Wärtsilä Lifecycle Agreement to support optimised low-emission operations for two P&O Ferries vessels

Wärtsilä Corporation, Press Release, 14 March 2024 at 11:00 AM EET

Technology group Wärtsilä has signed a Lifecycle Agreement with UK-based P&O Ferries. The five-year agreement covers two vessels, the M/V Pioneer and the M/V Liberté, and is designed to optimise and ensure minimal impact on their operations, while providing maintenance cost predictability. The order was booked by Wärtsilä in January 2024.

Ferries have a huge role to play in meeting the growing demand for environmentally sustainable transport options. That's why it is especially crucial for ferry operations to run smoothly and efficiently, in order to avoid unnecessary costs, fuel consumption and emissions.

The scope of the Lifecycle Agreement with P&O Ferries includes parts and maintenance services, as well as maintenance planning, operational support and Wärtsilä's unique Expert Insight predictive maintenance service. This means issues can be identified before they cause a delay in the schedule. Delays are a big pain point for ferry operators because delays mean they need to make up the time through increasing speed which, consequently, results in higher fuel bills and emissions.

"We are focused on making P&O Ferries the best ferry company in Europe and this includes doing everything possible to reduce our carbon footprint and protect the environment," says Stephen Pitt, Senior Procurement Manager, P&O Ferries. "The ability to leverage Wärtsilä's advanced digital solutions is central to this - helping us to improve vessel uptime, save fuel and decrease emissions."

Both vessels feature hybrid propulsion with battery power and four high-efficiency Wärtsilä 31 main engines. They are expected to produce 40 percent fewer emissions than the ships they replace. By ensuring their optimal performance, the agreement will further enhance the ships' environmental sustainability.

"Wärtsilä shares P&O Ferries' commitment to decarbonising shipping operations. We are, therefore, extremely pleased to support these two environmentally friendly ferries by optimising their operational performance. The Lifecycle Agreement represents a partnership for highest operational efficiency, and the experts supported by digitals tools to ensure minimal interruption, as well as reliable and sustainable operations," comments Lee Martindale, General Manager, Sales for UK & Ireland, Wärtsilä.

The M/V Pioneer commenced commercial operations in June 2023, while the M/V Liberté is scheduled to enter service in early 2024. The 230-metre long ships are the world's largest double-ended ferries, and sail between Dover, England and Calais, France.

Media contact for more information on this release:

Isabella Alder
Positioning and Strategic Communications Manager
Wärtsilä Marine
Tel: [phone]
[e-mail]

Image caption: Wärtsilä has signed a Lifecycle Agreement with UK-based P&O Ferries. The five-year agreement covers two vessels, the M/V Pioneer (pictured) and the M/V Liberté © P&O Ferries

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Wärtsilä Marine in brief:
Wärtsilä Marine is a global pioneer in power, propulsion and lifecycle solutions for the marine market. We develop industry-leading technologies, advancing maritime's transition to new fuels. We support building an end-to-end digital ecosystem where all vessels and ports are connected. Ultimately, Wärtsilä 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.
www.wartsila.com/marine

Wärtsilä in brief
Wärtsilä 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 environmental and economic performance. Our dedicated and passionate team of 17,800 professionals in more than 280 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2023, Wärtsilä's net sales totalled EUR 6.0 billion. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com

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