- The Service Agreement Will See Two Companies Partnering for the Next 10 Years
- GE Will Provide Parts and Software Upgrade to TMS’s LNG Fleet
PARIS—August 29, 2017—Recently, GE’s Marine Solutions (NYSE: GE) and TMS CARDIFF GAS Ltd. (TMS) have signed a service agreement that will see GE undertaking the support and maintenance of four TMS LNG vessels—Corcovado, Kita, Palu and Yari—for the next 10 years.
GE will provide maintenance services to TMS fleet’s electric propulsion system, including providing parts to the propulsion motors, medium-voltage drives, generators and switchboard. It will also upgrade the vessels’ propulsion automation systems to enhance their remote and diagnostic capabilities.
In the liquefied natural gas (LNG) carrier market, vessel availability and reliability are of paramount importance. Long-term service agreements coupled with the latest remote and diagnostic capabilities are key to optimizing vessel performances.
“Our vision is to be one of the world’s leading LNG and LPG (liquefied petroleum gas) operators with the highest standards of excellence in terms of performance, reliability and safety,” said Alexandros Politis-Kalenteris, deputy chief operating officer, TMS. “The maintenance and upgrade services of such sophisticated equipment are technically challenging and require a professional and capable partner to ensure the vessels’ operability. Through our partnership with GE for the next decade, we are confident that our fleet will continue to be a premium choice of our customers for their cargo needs.”
“We relentlessly work closely with customers to provide the right technology, digital solutions and long-term services to ensure their performances to meet today’s competitive standards. We are experts at managing projects with complexity. We thank TMS for their trust, and we will continue to provide TMS with operating advantages over the lifetime of their LNG vessels,” said Tim Schweikert, president & CEO, GE’s Marine Solutions.
The four vessels are equipped with electric propulsion system provided by GE. The technology is one of the cleanest propulsions for LNG vessels. The service agreement will also provide training for personnel operating its equipment.
Moreover, the TMS’ fleet will be installed with a Visor* remote monitoring system, which can provide operators with vessel health status and help identify potential issues that will affect the ability to provide the diagnostic service. This digital software is fundamental to assist GE’s field service engineers to quickly assess the potential root cause of the failure and recovery paths options to execute fast and effective service during unplanned downtime.
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. To learn more, please visit www.ge.com.
About GE’s Marine Solutions
GE’s Marine Solutions is dedicated to power and propulsion systems for customers in the workboat, merchant, offshore and naval industries. Through smart engineering coupled with software analytics, we provide customers with data-driven efficiency. Connecting the physical and digital worlds, GE helps power, propel, position and predict the marine industry for operational excellence. www.gemarinesolutions.com
*Indicates a trademark of the General Electric Company and/or its subsidiaries.