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 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…
Wärtsilä to Supply Cargo Handling System for LNG Bunker Vessel
The technology group Wärtsilä has been selected to supply the cargo handling system for a new 18,000 cbm LNG bunkering vessel. The ship is being built for Korea Line at Hyundai Mipo Dockyard in Korea. The order was placed in January 2020.The contract scope includes the engineering, design, procurement, and commissioning of the overall cargo handling system, including the cargo tank design. The equipment delivery is scheduled to commence at the end of 2020…
EU-backed Project Targets Improved Fuel Efficiency
A consortium of maritime industry and academic partners have been awarded EU funding for a project aimed at reducing fuel consumption and lowering emission levels for shipping.The SeaTech project consortium, led by technology group Wärtsilä, has been formed to develop two symbiotic ship engine and propulsion innovations that when combined, could lead to a 30% reduction in fuel consumption. At the same time…
Wärtsilä's LFSS Undergoes Engine Testing
Wärtsilä’s liquefied petroleum gas (LPG) Fuel Supply System (LFSS) has completed full scale testing with a full sized two-stroke marine engine burning LPG as fuel. This was the world’s first such testing protocol, according to Wärtsilä.It was initially decided to retrofit the Wärtsilä LFSS to four very large gas carrier (VLGC) vessels owned by Oslo-listed BW LPG. However, following the tests, in which the performance exceeded expectations…
Wärtsilä Navi-Port Tested for Just-in-time Sailing
Wärtsilä, together with project partners Carnival Maritime and HVCC Hamburg Vessel Coordination Center (HVCC), announced they have implemented and tested a new solution for just-in-time sailing.Together, the partners have achieved the exchange of data between ship and shore under real-life conditions, thereby enabling optimal port arrival. The applied solution, Wärtsilä Navi-Port, has received approval…
Wärtsilä to Supply Scrubbers to NCL
European technology giant Wärtsilä will be supplying hybrid scrubber system packages for Norwegian Cruise Line's (NCL) Norwegian Breakaway and Norwegian Getaway.According…
BW Lines Up Four More LPG Conversions
Singapore-based ship owner BW LPG said it exercised an option for the delivery of four additional liquefied petroleum gas (LPG) dual-fuel engines. With this, BW LPG has committed to retrofit eight vessels with pioneering propulsion technology.In August 2018, BW LPG announced its plans four very large gas carriers (VLGCs) in its fleet with LPG dual-fuel engines – a world's first.The ship owner, together with classification society DNV GL…
Wärtsilä, DNV GL Tie Up on Digital
Technology group Wärtsilä and classification society DNV GL say they will work together to contribute to the marine industry’s ongoing digital transformation. In particular, the two companies aim to to further explore the potential use of digital technologies, collaborative data sharing and standardization to enhance existing products and services, and to develop new ones.Among focus areas will be…
World’s First: Wärtsilä Hybrid Propulsion for Bulkers
The technology solutions provider for the marine and energy markets Wärtsilä has been selected to provide the complete system design and full equipment scope for…
Aasen Orders Hybrid-power Self-discharging Bulkers
A pair of 9,300 DWT self-discharging bulk carriers being built for Norway’s Aasen Shipping at the Royal Bodewes shipyard in the Netherlands will be the first of their kind to be fitted with a hybrid propulsion solution.Wärtsilä said it secured an order in December 2019 to provide the complete system design and full equipment scope for two newbuilds.Torbørn Torkelsen, CEO at Aasen Shipping, said, “We…
Wärtsilä to Equip LNG-fueled RoLo Newbuilds
Wärtsilä announced on Friday that it will supply the main equipment for three liquefied natural gas (LNG) fueled short-sea Ro-Lo (roll-on, lift-off) vessels to be operated by Finland based Bore Ltd., an affiliate of the Dutch Spliethoff Group.The ships have been ordered and are being built at the WuHu Shipyard in China. The order with Wärtsilä was placed in December.Wärtsilä said it has worked in close…
