BADEN, Switzerland (Aug. 6, 2014) – ABB announced that it has signed a five-year maintenance agreement with Prestige Cruise Holdings (PCH) to provide services, parts and support for all turbochargers installed on its fleet of eight cruise ships. The contract provides global access to maintenance services for the turbochargers to ensure their continued safe and reliable operation. Prestige Cruise Holdings is the parent company of Oceania Cruises and Regent Seven Seas Cruises, which serve the upper-premium and luxury segments of the cruise industry with more than 6,400 berths. Under the agreement, PCH vessels will be serviced throughout ABB’s network of turbocharger service stations, located in every major port around the world. The contract is valued at $5.6 million. Fast and easy access to maintenance services at any ABB service station also will help lower operating costs by keeping installed turbochargers operating at their peak performance. “This agreement will help us to proactively maintain all turbochargers on our ships and ensure that we have the highest quality and most reliable services for this equipment anywhere in the world,” said Paolo Mele, SVP, Marine & Technical Operations, Prestige Cruise Holdings. “It will help us to minimize equipment downtime while improving overall turbocharger performance, to keep our fleet engines in top operating condition.” Approximately 200,000 ABB turbochargers are in operation across the globe on ships, power stations, gen-sets, diesel locomotives and large, off-highway vehicles. ABB, a provider of power and automation technologies, manufactures and maintains turbochargers for 500 kW to 80+ MW diesel and gas engines.