Wärtsilä and Carnival Corporation & plc have signed a 12-year agreement to strengthen their existing partnership and improve cruise ship safety and reliability.
- The performance-based agreement provides for shared financial incentives and exposure based on outcomes for both companies.
- The value of the long-term agreement is approximately EUR 900 million.
- All engine maintenance and monitoring for Carnival’s ships will be handled by Wärtsilä.
- The partnership will allow both companies to share exposure on outcomes of their performance and will encourage focus on research and development.
Image: Carnival Dream
For more information, please see Wärtsilä’s website.
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