MAY 15, 2013 – ABB has signed a long-term Preventive Service agreement with Hong Kong based China LNG Shipping International Co. Ltd (CLSICO) to provide maintenance services to all ABB equipment onboard of its six LNG vessels in the next five years. The contract commenced January 1, 2013.

Throughout the five-year contract, ABB will provide annual site surveys and on-call services to the six vessels covered by the agreement, as well as dry dock service every 2.5 years. The scope of the agreement covers preventive maintenance onboard, power generation plant, mechanical and electrical system.

The new service agreement will help CLSICO with optimized vessels performance at a predicted minimum level of budget.

"ABB's modular service agreement concept allowed us to tailor make the service package that best suits CLSICO's fleet management model. With a thorough five years maintenance plan, CLSICO will be able to achieve ambitious cost saving targets", says Heikki Soljama, Head of Marine and Cranes business at ABB. "Additionally, the framework ensures effective communication and transparency between CLSICO management and ABB, which in turns strengthens the co-operation between both parties and streamlines key processes".

"One of our key priorities is to maximize fleet availability whilst keeping our costs as predictable as possible" says Sandy Farquhar, Fleet Manager for CLSICO.