Wartsila
Wärtsilä is a Finnish multinational corporation known for providing solutions and services for the marine and energy markets. Here’s an overview of the company:
Background and History:
- Founded: The company traces its roots back to 1834 when it was originally established as a sawmill in Tohmajärvi, Finland.
- Headquarters: Helsinki, Finland.
Business Segments:
Wärtsilä's operations are primarily divided into two main segments:
Marine Solutions:
- Products and Services: This segment provides a range of products including ship engines, propulsion systems, and machinery. They offer integrated solutions for the entire lifecycle of ships, promoting both efficiency and environmental sustainability.
- Customer Base: Commercial shipping, naval fleets, and offshore oil & gas industry.
Energy Solutions:
- Products and Services: Focuses on power plants and energy systems. They provide flexible power generation solutions, from individual engine-driven power plants to utility-scale power generation and storage solutions.
- Technology: Includes gas, liquid fuel, as well as hybrid power plants and renewable energy solutions.
Commitment to Sustainability:
- Environmental Impact: Wärtsilä is committed to promoting environmentally sound practices and technologies. This includes developing energy-efficient and low-emission solutions, such as hybrid and LNG (liquefied natural gas) propulsion systems for marine applications, and renewable energy integration in power plants.
- ESG Initiatives: The company is actively involved in recycling, waste reduction, and other sustainability programs.
Innovations and R&D:
Wärtsilä invests heavily in research and development to stay at the forefront of technological advancements. Areas of focus include digitalization, automation, and smart technologies for optimizing operational efficiency and reducing emissions.
Global Presence:
- Operations: Wärtsilä has a global presence with offices and facilities in over 200 locations in more than 70 countries.
- Employees: The company employs thousands of people worldwide, ensuring local support and after-sales services.
Financials:
As of the latest financial reports, Wärtsilä is a publicly traded company listed on the Nasdaq Helsinki. It has shown resilient financial performance with diversified revenue streams from its marine and energy sectors.
Future Outlook:
- Growth Strategy: Wärtsilä aims to leverage technological innovation and digitalization to expand its market share. The company focuses on partnerships, acquisitions, and expanding its service offerings to drive future growth.
- Market Trends: Increasing regulatory pressures for greener maritime operations and the global push towards renewable energy present significant opportunities for Wärtsilä.
In summary, Wärtsilä is a prominent player in both the marine and energy sectors, recognized for its commitment to innovation and sustainability. Its extensive experience, broad product portfolio, and global footprint position it well to address the evolving needs of these industries.
- Phone: +358 (0)10 709 5599
- Web: www.wartsila.com
Locations
Documents
Wartsila News
Wärtsilä Sees 'Significant' Benefits from Profit Sharing Deal with Brittany Ferries
Finnish marine technology group Wärtsilä has said that its profit-sharing deal based on fuel savings signed two years ago with Brittany Ferries has significantly benefitted both companies. The installation of Wärtsilä's Trim and Speed energy management and optimization technology on the first vessel ‘Cap Finistere’, covered by the contract, was finalized and fully operational in March 2019. The installation was carried out by Wärtsilä Voyage.
Colombo Dockyard to Build Six Bulk Carriers for Misje
Sri Lanka shipbuilder Colombo Dockyard PLC (CDPLC) said it is moving toward executing an already signed contract with Misje Eco Bulk AS to build a series of six bulk carriers, with options for up to four additional vessels. The contracts were signed in March but are scheduled to come into effect in September upon the Norwegian shipowner's final board approval.Misje is a fully owned subsidiary of Kåre Misje & Co.…
Wärtsilä to Supply Bridge Systems for Five Icebreaking Gas Carriers
Finland-based marine engine and technology provider Wärtsilä said it has been contracted to deliver a complete bridge systems installation for five icebreaking liquefied natural gas (LNG)-fueled tankers to be constructed for the Arctic LNG-2 project. The navigational systems are delivered by Wärtsilä Voyage, the new business responsible for digital solutions and decision support tools to enhance safety…
Keel Laid for Polaris New Energy LNG Bunker Barge
Fincantieri Bay Shipbuilding hosted a private ceremonial keel laying June 24 celebrating the start of construction of a liquefied natural gas (LNG) bunker barge for Polaris New Energy.The barge will be named the Clean Canaveral and will operate as an articulated tug and barge unit (ATB) that initially runs along the U.S. East Coast providing LNG bunkering solutions to NorthStar Midstream’s customers.Modern ships are now largely built in a series of prefabricated…
China's Polar Icebreaker Embarks on First Arctic Mission
China's first domestically built polar icebreaker Xue Long 2 has set sail on its first mission to the Arctic, China's state-run Xinhua News Agency reports.Xuez Long 2 (Snow Dragon 2) departed Shanghai Wednesday with a team of Chinese scientists on board to conduct investigations in areas including the Chukchi Rise, Canada Basin and the central Arctic Ocean, Xinhua reports. The voyage is expected to cover some 12…
First Taiwan-built Offshore Installation Vessel to Sport Wärtsilä Gear
Finland-based marine engine and technology provider Wärtsilä has been tasked to equip the first Taiwan-built offshore wind installation vessel - the Green Jade - with "a broad scope" of its solutions.The 216 meters long vessel will be built at the CSBC shipyard in Taiwan for the joint-venture company CDWE owned by CSBC and Belgium-based DEME Group. The vessel is expected to play a major role in developing the offshore wind farm business in both new and established markets, including Taiwan.
Wärtsilä Expands Predictive Maintenance Options
Wärtsilä said its digital predictive maintenance product is now being offered to support two-stroke engines and will be available for scrubbers at a later date.Originally launched in November 2019 for four-stroke engines, Expert Insight combines artificial intelligence (AI) techniques and rule-based advanced diagnostics with the knowledge and experience of Wärtsilä’s product experts to detect potential issues in asset operating data, and enable experts to provide actionable advice proactively.
World First Full Scale 'Ammonia as Fuel' Marine Four-Stroke Engine Test
While there is no consensus on the marine industry ‘fuel of the future’ that will meet ever tightening international emission mandates, a group of organizations has commenced what it is calling the world’s first long-term, full-scale, testing of ammonia as a fuel in a marine four-stroke combustion engine. Wärtsilä, Knutsen OAS Shipping AS, and Repsol, and the Sustainable Energy Catapult Center, have teamed for the effort…
Wärtsilä Equipment Chosen for E-Marine Cable Layer
Wärtsilä said it has been contracted to provide a comprehensive scope of solutions for Dubai-based E-Marine, as the Finnish technology company continues to work closely with the specialist operator of cable layer vessels currently upgrading its fleet to achieve greater efficiencies.Wärtsilä, which notes it previously provided a propulsion upgrade for an E-Marine vessel, will this time supply two controlled pitch propeller (CPP) systems with control and fuel efficiency devices…
Wärtsilä, Pastrovich Working on Sustainable Boutique Cruise Ship
Finnish marine technology company has teamed up with naval architect and yacht designer Stefano Pastrovich on the design of innovative sustainable superyachts for the boutique cruise sector."A new generation of boutique cruise ships is set to emerge, with the luxury of a superyacht, the construction techniques and passenger experience of a cruise ship, and a close focus on the environment. These cost…
Wärtsilä to Design and Equip Two Zero-emissions Ferries
Wärtsilä said it has been awarded a contract to design and equip two new zero-emissions ferries that will be built for Norwegian operator Boreal Sjö at Holland Shipyards in the Netherlands.The vessels are expected to commence commercial operations in autumn 2021, serving the Launes – Kvellandstrand – Launes, and Abelnes – Andabeløy – Abelnes routes in Norway.The two ferry designs are not identical.
Wärtsilä to Supply Propulsion for MSCL Newbuild
Wärtsilä will design and deliver a fully integrated main propulsion system for a new 8,200 dwt multipurpose cargo vessel being built for Mauritius Shipping Corporation Ltd (MSCL) at the Huanghai Shipyard in China.The newbuild is expected to commence commercial operations in 2022, replacing an existing vessel transporting goods and passengers between the Republic of Mauritius and the islands of Reunion…
Wärtsilä to Equip KNOT's New Shuttle Tankers
Wärtsilä said it secured an order to supply its emissions abating volatile organic compounds (VOC) recovery system, together with an liquefied natural gas (LNG) fuel gas supply system, for two new 124,000 DWT shuttle tankersordered by Knutsen NYK Offshore Tankers (KNOT), built at the Daewoo Shipbuilding & Marine yard in Korea. The order with Wärtsilä was placed in April.With this technology, the liquefied VOC is mixed with LNG and used as fuel for the main and auxiliary engines.
Wärtsilä Launches Data-driven Maintenance Service
Wärtsilä introduces its Data-Driven Dynamic Maintenance Planning (Data-Driven DMP) solution aiming to increase the uptime of assets and reduce lifecycle costs by optimizing major overhaul intervals, without compromising operational reliability or engine efficiency.An enhancement to the company’s existing DMP solution, the new solution is part of the company’s Lifecycle Solutions offering and utilizes…
Wärtsilä to Supply Simulator for Inland Shipping Training
The technology group Wärtsilä said it has been contracted by the City of Duisburg, Germany, to provide the latest in simulator technology for inland waterway navigation. The simulator will consist of seven full mission bridges in two locations within Duisburg; six at the Schiffer-Berufskolleg Rhein vocational college, and one at the DST Development Centre for Ship Technology and Transport Systems.The technology will enable inter-connectivity with other simulators…
Partners to Trial Emissions-free Barging Concept in the Netherlands
A group of partners in Europe aims to use battery containers on board barges to supply environmentally friendly fully-electric propulsion in lieu of diesel for inland waterway shipping.Supported by the Dutch Ministry of Infrastructure and Water Management, the concept is being spearheaded by the Zero Emission Services B.V. (ZES), a consortium including technology group Wärtsilä, ING Bank, energy and technical service provider Engie and the Port of Rotterdam Authority.
Wärtsilä Propulsion Selected for Molslinjen Fast Ferry
Wärtsilä said it will provide the propulsion solutions for a new 115-meter high-speed ferry being built by Austal at the Australian shipbuilder’s yard in the Philippines for Danish operator Molslinjen.The newbuild will feature four Wärtsilä 31 engines, recognized by Guinness World Records as being the world’s most efficient four-stroke diesel engine, and four Wärtsilä WXJ1500SRI waterjets. Wärtsilä will also supply its ProTouch bridge controls system.
Wärtsilä Upgrades USCG Academy's Training Simulator
The technology group Wärtsilä has completed replacement of the Ship Analytics simulator solution at the United States Coast Guard Academy’s Ship Control and Navigation Training System (SCANTS) facility. The original simulator system was installed at the Academy in the 1990s, and the replacement work was carried out primarily by, and in partnership with, NavSim Services, Inc., the prime contractor.
Wärtsilä Launches FuelFlex ICU Upgrading System
Wärtsilä launched its FuelFlex Injection Control Unit (ICU) upgrading solution available for retrofitting on vessels with Wärtsilä RT-flex96C-B and RT-flex84T-D two-stroke engines to meet the requirements of operating its RT-flex type two-stroke diesel engines with both residual and low-viscosity marine fuels. According to Wärtsilä, this is particularly relevant in view of the industry’s increasing…
Le Havre Pilot Ops Enhanced with Wärtsilä Simulator
Wärtsilä will supply a complete navigational simulator upgrade for the Le Havre pilot station in France, providing the pilot station with a new simulator adapted to the requirements of the pilots’ operations.The order with Wärtsilä was placed in February 2020.The new unique visualization system to be supplied is based on 14 DP projectors, comprising seven main circular and seven ground projection systems. It features a panoramic 350-degree screen.