Wärtsilä Lifecycle Agreement Offers Maintenance Cost Savings for One of Middle East’s Largest Dredger Fleet Operator
The agreement covers seven of NMDC’s dredgers, with the potential for expansion to additional vessels in the future.
Technology group Wärtsilä has signed a five-year Lifecycle Agreement with NMDC Group (NMDC), one of the largest dredging and marine contractors in the Middle East.
The agreement focuses on optimizing the availability and operational efficiency of NMDC’s dredging fleet. The order was booked by Wärtsilä in Q1 2025.
This agreement covers seven of NMDC’s dredgers, with the potential to expand the scope to additional vessels in the future. The scope includes a tailor-made maintenance programme for the engine and propulsion equipment onboard the vessels, as well as digital solutions and performance guarantees. These are all aimed at increasing fleet availability and optimising maintenance costs.
By leveraging Wärtsilä’s cutting-edge digital tools, such as Expert Insight, delivered through Wärtsilä’s global Expertise Centres, NMDC is expected to significantly reduce planned downtime, leading to increased revenues.
According to estimations made, the additional uptime made possible increase the operational and charter/client schedule flexibility, and provide the potential for additional earnings up to 3,000,000 EUR. Similarly, the contract includes Dynamic Maintenance Planning, which is expected to reduce maintenance costs by 14%.
– Increasing availability and reducing downtime of our vessels is a priority for our company. That’s why this new agreement with Wärtsilä serves as a cornerstone in our efforts to advance reliable and sustainable operations within the Middle East, says Peter Marvin, Chief Technical & Resource Pool Officer at NMDC Group.
– NMDC’s fleet operates in highly demanding environments, where uptime and vessel flexibility are critical. 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, in turn, saving fuel and lowering emissions, comments Henrik Wilhelms, Director, Agreement Sales at Wärtsilä.