Wärtsilä Corp.’s 10-year maintenance agreement with an affiliate of MOL Group reaffirms its confidence in the global LNG industry.

The agreement, which covers Spirit of Hela and Gigira Laitebo of MOL LNG Transport Europe Ltd.’s fleet, involves the company’s condition-based maintenance (CBM) solution, which maintains the vessels’ engines based on condition, as opposed to a strict calendar-based schedule. CBM has been shown to extend engine maintenance intervals, which reduce both downtime and operational costs.

“We see great potential in the growing LNG industry and are very happy to partner with MOL LNG Transport (Europe) Ltd. to help the company optimize the maintenance of its vessels,” said Andy Dickinson, managing director at Wärtsilä UK, in a statement. “A long-term maintenance agreement allows us to plan maintenance activities efficiently, taking into account equipment condition as well as the customer’s operating schedule and environment.”

Both vessels are equipped with four Wärtsilä 50DF dual-fuel engines.

—Joseph Markman