CEVA Logistics for Wärtsilä spares

Wärtsilä and supply chain company CEVA Logistics have signed a cooperation agreement for global spare parts transportation management and 'control tower' services.

For CEVA, the contract value is approximately €32 million over the next three years. The agreement follows Wärtsilä's earlier announcement of its intention to centralize spare parts logistics and to build a central distribution centre facility in the Netherlands. The new operating model is planned to be fully implemented by 2011.

CEVA Logistics will take responsibility for shipments of spare parts to Wärtsilä's various warehousing facilities in Europe and for the spare parts deliveries to Wärtsilä's international customers.

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