Wärtsilä and Neste Oil sign maintenance agree...

Wärtsilä Corporation, Press release, 11 February 2010, at 9.30 am (EET)

Wärtsilä, the marine industry's leading ship power system integrator, has signed
a five-year maintenance agreement with Finnish Neste Oil. The agreement covers
both the main and auxiliary engines, delivered by Wärtsilä, for eight vessels in
the Neste Oil's fleet. According to the agreement, Wärtsilä offers maintenance
operations, spare parts, including performance optimisation, as well as an
annual visit of specialists to check the optimal operation of each vessel's
engines under running conditions.

"Our strategy is to use the original manufacturer's spare parts in the diesel
engines' critical sections and the manufacturer's service personnel in major
overhaul works. Now with this maintenance agreement we can fulfil our strategy
in the most cost efficient way. We do see additional value like annual
performance tests and enhanced communication between our operational personnel
and Wärtsilä's technical support. This will improve engine reliability and fuel
economy making our ships even safer, more environmentally friendly and more
efficient," says Mr Sami Niemelä, Technical Manager, Neste Oil.

Wärtsilä has extensive experience in providing long-term operational and
management services for about 1000 similar engines installed in ships and
land-based power plants all over the world. Wärtsilä's maintenance agreements
are available for all marine installations. With a long term service agreement,
the customer has guaranteed availability of spare parts and maintenance crews.
By having annual onboard visits and continuous monitoring of the engine
condition, the engine efficiency can be optimised.

Wärtsilä Services is one of the three Wärtsilä businesses. In 2009, Wärtsilä
Services net sales were EUR 1.8 billion, which corresponds to 35 per cent of
Wärtsilä's total net sales. Wärtsilä has over 11,000 employees in Services
business in 70 countries.

Neste Oil operates a fleet of about 30 vessels. It transports around 40 million
tons of crude oil, petroleum products and chemicals annually, primarily in the
Baltic Sea, a particularly sensitive sea area, the North Sea and the North
Atlantic. All of the company's vessels are ice-reinforced and they feature a
double hull.

Link to a picture can be found at the end of this release.
Caption: The 106,000 dwt crude oil carrier Mt Mastera within the Neste Oil fleet
will be covered by the new maintenance agreement signed between Wärtsilä and
Neste Oil.

For further information, please contact:


Mr Christer Kantola
Vice President, Sales & Marketing
Wärtsilä Services
Tel: [phone]
[e-mail]


Ms Tuula Franck
Senior Manager, External Communications
Wärtsilä Corporation
Tel: [phone]
[e-mail]


Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximises the environmental and economic performance of the
vessels and power plants of its customers.
In 2009, Wärtsilä's net sales totalled 5.3 billion with more than 18,000
employees. The company has operations in 160 locations in 70 countries around
the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com



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    Picture of Mt Mastera : 

http://hugin.info/131481/R/1383327/342194.jpg