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 to Equip First Japan-built LNG-Fueled Ferries
Finland's marine technology firm Wärtsilä has won a deal to provide a complete LNG-package for what will be the first LNG-powered ferries built in Japan.Under the deal, Wärtsilä will provide a complete LNG package, comprising the Wärtsilä 31DF engine, gearbox, and LNGPac storage, supply, and control system for two new ferries being built on behalf of Ferry Sunflower, a subsidiary of Mitsui O.S.K. Lines (MOL).
Wärtsilä to Boost Fuel Efficiency of KOTC Tankers
Technology group Wärtsilä said it has been contracted to upgrade four vessels owned by Kuwait Oil Tanker Company (KOTC), a subsidiary of Kuwait Petroleum Company (KPC), by retrofitting the Wärtsilä Fuel Efficiency Boost solution to the ships’ main engines. The modification will reduce fuel consumption, and correspondingly lessen the environmental impact by lowering greenhouse gas emission levels.Wärtsilä said its Fuel Efficiency Boost initiative has attracted considerable interest…
Wärtsilä Designs New Cruise Ships for Amundsen Expeditions
Wärtsilä said it has developed a customized design for up to six new luxury expedition cruise vessels for owner and operator Amundsen Expeditions, targeted primarily at the Chinese market.Wärtsilä, which booked the design order in the third quarter of 2019, said its in-house ship design team worked in close cooperation with Amundsen Expeditions to develop the concept. Each vessel will be capable of…
Autonomy on Trial
When discussing the arrival of autonomous workboats, many – especially those developing the technologies that enable them – say it’s is not a matter of if, but when. In fact, autonomous harbor tugs are already being put to the test in Singapore, where authorities hope to establish the technological infrastructure to enable fully autonomous ship operations. In the U.S., an autonomous vessel was shown to be able to respond to marine oil spills.But is autonomy really the future?
Wärtsilä Launches Remote Support Center
Technology group Wärtsilä has launched of its global Smart Support Center service. This service is aimed at improving asset uptime via remote access for customers of Wärtsilä’s Voyage business, thereby substantially reducing the need for physical service attendance. Operational support is delivered via virtual service engineers. Smart Support is designed to maintain all Wärtsilä Voyage equipment, including ship handling solutions…
Gulf Island to Build Another Two Vessels for the US Navy
The U.S. Navy has exercised its options to order the fourth and fifth towing, salvage and rescue ships (T-ATS) from Houma, La. shipbuilder Gulf Island Fabrication. The Navy has remaining options for three additional vessels.The Navajo-class vessels will provide oceangoing tug, salvage and rescue capabilities to support fleet operations, replacing three T-ATF 166 and two T-ARS 50 class ships, which…
Wärtsilä to Install Route Exchange on 50 Ships
Wärtsilä Voyage won a contract to update the ECDIS on-board 50 tankers. More than 400 ships already has the capability to share routes through their ECDIS. With focus on increasing tanker safety, the STM BALT SAFE project is signing up 50 tankers that frequently sail in the Baltic Sea, with Wärtsilä winning the contract. Cajsa Jersler Fransson, Ship Testbed Manager, says, “Wärtsilä Voyage has the know-how, the installed base and the dedication to a more connected future.
Wärtsilä to Power New Scottish Fishing Trawler
Wärtsilä said it will supply a propulsion and power package for a new 75-meter-long fishing trawler being built at the Karstensen shipyard in Denmark for Scottish owners and operators Wiseman Fishing Co and Northbay Fishing Co.The vessel will feature a Wärtsilä 31 main engine, two Wärtsilä 14 power generating sets, a gearbox and a controllable pitch propeller (CPP), the combination of which represents the latest engine and power generation technology.
Wärtsilä Translink Receives DNV GL, IEC Certificates
The technology group Wärtsilä said it has been awarded a DNV GL type-approval certificate and cyber security certification by the International Electrotechnical Commission (IEC) for its Translink solution, part of the company’s connected ECDIS concept. The cyber security verification has been issued according to the updated DNV GL rules and the internationally recognized standard for cyber security for bridge and navigation systems, IEC61162-460.
Wärtsilä Adds Gate Rudders to Its Propulsion Lineup
Wärtsilä announced it will include Japanese-designed gate rudders as part of it propulsion offering for newbuild vessels and retrofit.The Finnish-based firm said it signed a license and cooperation agreement with Kuribayashi Steamship Co for future development, sales and servicing of the gate rudders. As an authorized license holder and partner, Wärtsilä intends to fully integrate gate rudders within its propulsion product designs for all vessel classes and focus on global markets outside Japan.
Wärtsilä Testing Ammonia as a Marine Fuel
As marine operators and euipment manufacturers continue to explore alternative marine fuels as a means to help lower vessel emissions, technology group Wärtsilä said it has initiated combustion trials using ammonia.As part of the tests, ammonia was injected into a combustion research unit to better understand its properties. Based on initial results, the tests will be continued on both dual-fuel and spark-ignited gas engines.
P&O Maritime Orders Two Chinese Newbuilds
Dubai-based P&O Maritime Logistics (POML) said it recently secured a contract to build two vessels to support Ok Tedi Mining Limited’s (OTML) growing export requirements.The vessels, designed by Wärtsilä Ship Design, will be 5,400 DWT bulk and container carriers built at Fujian Mawei Shipbuilding Limited in China, and once completed, will operate in Papua New Guinea (PNG) principally between Kiunga in the Western Province and Port Moresby.
Wärtsilä Simulation Technology for SAMK
The technology group Wärtsilä has delivered a navigation simulator and specific mathematical models to the Satakunta University of Applied Sciences (SAMK) in the city of Rauma, Finland. These will be used as an essential enabler in the Intelligent Shipping Technology Test Laboratory (ISTLAB) project, which aims at creating a technically precise testing environment for remotely controlled, autonomous vessels.
Port of Callao to Install Wärtsilä VTS
Wärtsilä said it will install its Vessel Traffic Service (VTS) solution at Peru's main harbor, one of Latin America’s most important ports.Dense fog and haze are a consistent challenge for Callao’s port operations, often making shipping conditions dangerous. Wärtsilä said its VTS solution will provide the technology needed to ensure uninterrupted port operations, while increasing safety levels and facilitating arrival…
New Vessel Delivered for Navimag Ferries
Navimag Ferries’ newest vessel, Esperanza, has been delivered.The 150-meter-long vessel can carry up to 274 passengers and has 1,800 vehicle lane meters. It will operate exclusively in Chile, sailing between Puerto Montt and Puerto Natales, and providing a transportation link with Chile's south, in addition to ferry cruising in the Patagonian fjords.The newbuild's propulsion system includes two Wärtsilä 20 main engines, two Wärtsilä controlled pitch propellers (CPP) and two Wärtsilä gearboxes.
Autonomous Harbor Tug Tested in Singapore
A 27-meter harbor tug equipped with autonomous navigation capabilities has been put through its paces at the Port of Singapore, demonstrating functions such as smart navigation and collision avoidance which are key to the Maritime and Port Authority of Singapore's (MPA) goal to enable autonomous ship operations within the world’s busiest transshipment hub.The IntelliTug project, led by technology provider Wärtsilä and marine services firm PSA Marine…
Research Vessel Atair to be Commissioned this Spring
A new liquefied natural gas (LNG) powered survey, wreck-search and research vessel built by German Naval Yards Kiel is currently undergoing installation and finishing works at Fassmer in Berne, Germany prior to being commissioned this spring.Ordered by the German Federal Maritime and Hydrographic Agency (BSH), the new research vessel will be homeported in Hamburg, replacing the previous Atair, which entered operation in 1987.At 75 meters long and roughly 17 meters wide…
Cochin Port Upgrades Vessel Traffic Management System
The technology group Wärtsilä will upgrade its Vessel Traffic Management System (VTMS) installed in the Indian port of Cochin, bringing additional benefits such as improved traffic monitoring and control.The system was originally delivered in 2008, and the order with Wärtsilä to upgrade the system was placed in February 2020 by the Cochin Port Trust (CoPT). The upgrading project is scheduled for completion by the end of July 2020.According to Wärtsilä…
Wärtsilä Reorganizes Its Marine Business
Wärtsilä announced it will reorganize its marine business into three independent entities, with the objective to accelerate strategy execution and simplify the business structure.The new businesses, consisting of Marine Power, Marine Systems and Marine Voyage, will be operational as of July 1, 2020.The organizational structure change is a continuation to the shifts made in 2019, whereby Wärtsilä's…
Wärtsilä to Supply Propulsion for BC Ferries Newbuild
Wärtsilä said it booked an order in January to provide an integrated system consisting of the liquefied natural gas (LNG) plant, dual-fuel engines and electrical propulsion system for the latest addition to Vancouver, Canada based BC Ferries’ series of Salish Class vessels.Three similar ferries, all operating on Wärtsilä engines fueled by LNG, have already been delivered. As with the previous three ferries…