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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, PSA Marine Collaborate on Clean Energy Shipping
![Photo: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsil-107167.png)
Wärtsilä and Singapore-based PSA Marine have agreed to collaborate in the co-creation of smart technologies for the marine sector. The focus will be on solutions that are human-centric and deployable. The Letter of Intent was signed on November 14 as part of the events celebrating the anniversary of the opening of the Wärtsilä Acceleration Center in Singapore.Specific collaboration areas envisioned…
Wärtsilä Opens Support Center in Singapore
![The new Wärtsilä Expertise Center in Singapore complements nine other such centers to provide instant global customer support (Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/the-new-wrtsil-expertise-center-107122.jpg)
Wärtsilä said it has established its latest Expertise Center (EC) in Singapore to provide support functions, including operational support and dynamic maintenance planning, for marine and energy customers.Together with nine other Wärtsilä EC units around the world, the new center supports Lifecycle Solution agreement customers with advice and recommendations based on the analysis of data from monitoring…
Wärtsilä’s Single-Source Capability Key to New Order
![Photo: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsil-106920.png)
The technology group Wärtsilä’s industry-leading portfolio of products, systems and integrated solutions, which allows the company to be a single-source provider for shipbuilding projects, has resulted in a major order.Two new RoPax ferries being built at the Guangzhou Shipyard International (GSI) yard in China will feature a comprehensive package of Wärtsilä solutions. The order with Wärtsilä was placed in October 2019…
Wes Amelie Retrofit for Synthetic Natural Gas
![Photo: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsil-106853.png)
The technology group Wärtsilä, in collaboration with PSA Marine, has achieved a breakthrough in its IntelliTug project.Following the successful installation of a first-of-its-kind Dynamic Positioning (DP) system onboard the harbor tug ‘PSA Polaris’, trials are now being carried out in the Port of Singapore under real-world conditions. This phase of the project implementation, which has been approved by Lloyd’s Register, moves the bar higher on safety standards for vessel automation and autonomy.
Viking Supply Ships Scoops PSV Pair
![(Image: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/image-wrtsil-106370.png)
Swedish-based Viking Supply Ships (VSS) in partnership with funds managed by Borealis Maritime, has entered into a contract to purchase two platform supply vessels (PSV) currently under construction. In addition to the partial ownership, VSS has been awarded full operational and commercial management of the vessels, the company said.VSS did not reveal specific transaction details, but said the pair…
Wärtsilä LNG Refit for Münsterland Ferry
![Photo Copyright: Aktien-Gesellschaft ‘Ems’ Photographer: Peter Andryszak.](https://images.marinelink.com/images/maritime/w200h200c/ght-aktiengesellschaft-ems-photographer-106231.png)
Wärtsilä was selected to carry out a retrofitting project aimed at lessening the environmental footprint of a ferry operating on the Wadden Sea, a UNESCO World Heritage listed area in the south eastern end of the North Sea.The retrofit will enable Münsterland, a RoPax ferry owned by German operator Aktien-Gesellschaft ‘Ems’ (AG Ems), to use LNG as fuel, significantly reducing its greenhouse gas emissions.Work will take place at the Koninklijke Niestern-Sander B.V.
Wärtsilä and Norsepower Sign Agreement
![The agreement between Wärtsilä and Norsepower will promote the use of Rotor Sails and support sustainable shipping. (Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/the-agreement-between-wrtsil-and-105888.png)
The technology group Wärtsilä and Norsepower, a provider of low maintenance, software operated, data verified auxiliary wind propulsion systems, have signed a service cooperation agreement. This will enable Norsepower to order service work from Wärtsilä, while Wärtsilä can pursue and sell Norsepower Rotor Sail projects with support from Norsepower. The agreement was signed in Q3 2019.With the growth of Norsepower’s manufacturing capacity and the anticipated increasing demand for its Rotor Sails…
Atlantic Offshore Orders Hybrid Package for OSV Pair
![Ocean Art (Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/ocean-art-photo-wrtsil-105855.png)
Technology group Wärtsilä said it will engineer, supply and install complete battery hybrid packages to two offshore supply vessels (OSV) owned by Norwegian-based operator Atlantic Offshore. The 746 kWh battery hybrid systems will be installed on the Ocean Star and Ocean Art at the Fitjar shipyard in Norway. The project is sceduled to be completed in early 2020.The hybrid propulsion conversions will unlock improved fuel consumption and a reduced environmental impact…
Wärtsilä Wins Order for LNG Bunkering Simulator
Finnish technology group Wärtsilä will supply an LNG bunkering vessel simulator to Kasi Group (Malaysia), a leading provider of integrated marine solutions. The…
LNG Bunkering Simulator for Hands-on Training
![The Wärtsilä LNG Bunkering Vessel simulator will enable realistic hands-on training for operators. Copyright: Kasi Group](https://images.marinelink.com/images/maritime/w200h200c/the-wrtsil-lng-bunkering-vessel-105677.png)
The technology group Wärtsilä will supply an LNG bunkering vessel simulator to Kasi Group (Malaysia), a leading provider of integrated marine solutions. The simulator will be used to provide hands-on training to those who will be operating LNG bunkering services. Wärtsilä is the first company capable of offering such a simulator. The order with Wärtsilä was placed in July.The demand for training services for LNG bunkering vessel simulators has been rising since 2017…
Wärtsilä Hybrid for Offshore Vessel
![A Wärtsilä hybrid upgrade will enable Eidesvik’s ‘Viking Neptun’ to become more environmentally sustainable and fuel efficient. Copyright: Eidesvik.](https://images.marinelink.com/images/maritime/w200h200c/a-wrtsil-hybrid-upgrade-will-105489.png)
Wärtsilä won the deal to engineer, supply, and commission a hybrid propulsion system for an offshore sector vessel for Norway's Eidesvik.Wärtsilä willcarry out the upgrade project on ‘Viking Neptun’, a construction vessel, and this order follows two similar hybrid upgrade contracts awarded to Wärtsilä in recent months.The 15,900 DWT ‘Viking Neptun’ was built in 2015. It is fitted with Wärtsilä engines and Wärtsila’s Low Loss Concept (LLC) electrical systems.
Wärtsilä Rolls-out Pure Gas Marine Engine
Finnish corporation Wärtsilä has launched the 31SG pure gas engine for marine market applications.The 31SG is based on the successful Wärtsilä 31 product platform…
Wartsila Wins US LNG Bunker Vessel Deal
The Finnish technology major Wärtsilä has been contracted to supply its LNG cargo handling system for a new 5400-cbm LNG bunker barge being built in the USA.The…
Wärtsilä Simulators for New Portuguese Facility
![Ana Paula Vitorino, Portugal’s Minister of Sea & Cmdt. Rui Cunha, APDL Port Operations and Security Director, testing the Full Mission Bridge simulator (Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/ana-paula-vitorino-portugals-minister-104956.png)
Wärtsilä has supplied simulators aimed to provide realistic hands-on training at a new facility in Portugal. The training center is developed and run by the Port Authority for the ports of Douro, Leixōes and Vano do Castelo (APDL), and was inaugurated in the end of July at a ceremony headed by Portugal’s Minister of the Sea, Ana Paula Vitorino. The order was placed in October 2018.The center is the country’s largest and most advanced maritime training facility.
Doorae Shipping Selects Wärtsilä BWMS
![Jae-Geun Kwon, Representative Director, PanStar TechSolution Co.,Ltd. (left) and Woo Ho Yoo, General Manager, Services, Wärtsilä Korea, (Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/un-kwon-representative-director-panstar-104906.png)
Wärtsilä will supply its Aquarius UV Ballast Water Management System (BWMS) for four bunkering ocean tanker vessels operated by South Korea’s Doorae Shipping. This is the first ever BWMS retrofit contract signed by Wärtsilä in Korea. The order was placed in July by PanStar TechSolution, the main contractor for the project. PanStar TechSolution is a leading Korean engineering and technical company specializing…
Wärtsilä Thrusters on Sea Trials for Large SSCV
![Each of the Wärtsilä thrusters for Sleipnir is rated for 5.5 MW power. (Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/each-of-the-wrtsil-thrusters-104617.png)
Performance of the propulsion solutions supplied by the technology group Wärtsilä exceeded the design specification and contributed to the success of the sea trials for the world’s largest semi-submersible crane vessel (SSCV). The ‘Sleipnir’ was built at Sembcorp Marine’s Tuas Boulevard Yard in Singapore for the Dutch offshore contractor Heerema Offshore Services (HOS). It was delivered from the yard in July.The huge vessel is designed for heavy lifting operations and is fitted with two cranes…
Wärtsilä to Support Hurtigruten’s Green Push
![The ‘Finnmarken’ is the first of three Hurtigruten ships to be fitted with Wärtsilä NOR systems for Tier III compliance, after which it will be renamed the ‘MS Otto Sverdrup’.
(CREDIT: Wartsila)](https://images.marinelink.com/images/maritime/w200h200c/the-finnmarken-is-the-first-104489.jpg)
The technology group Wärtsilä will supply a broad scope of solutions that will support Hurtigruten, the world’s largest expedition cruise operator, in its push for greener and more sustainable shipping.Hurtigruten is converting an additional three vessels to become premium, hybrid powered expedition cruise ships. The order with Wärtsilä was placed in Q2 2019 and covers the ‘MS Finnmarken’, the first of the three vessels to be upgraded.
Wärtsiläs LNG Storage & Supply System for Dredges
![Wärtsilä LNG fuel storage and supply system for two new trailing suction hopper dredgers. Copyright: Van Oord](https://images.marinelink.com/images/maritime/w200h200c/wrtsil-lng-fuel-storage-and-104441.jpg)
Innovative Wärtsilä LNG fuel storage and supply system to deliver multiple benefits for two new dredgers.The technology group Wärtsilä will supply a unique and patent-pending LNG fuel storage and supply system for two new trailing suction hopper dredgers (TSHDs). The ships are being built by Keppel Offshore & Marine for Van Oord, the Dutch marine contractor. The order with Wärtsilä was placed in Q2 2019.The Wärtsilä system comprises two 640m3 single-shell polyurethane insulated storage tanks…
Wärtsilä Waste Treatment for Princess Cruises
The Finnish technology major Wartsila will supply and install an Auto Gasification solution for the Regal Princess, enabling the safe disposal of waste from the…
Hybrid Propulsion for Acta Centaurus
![The Acta Centaurus will be fitted with a Wärtsilä hybrid solution for fuel savings and better environmental performance. (Photo: Acta Marine)](https://images.marinelink.com/images/maritime/w200h200c/the-acta-centaurus-will-be-103433.jpg)
Acta Centaurus, a new DP2 walk-to-work offshore wind construction support vessel owned by Netherlands-based Acta Marine, will be fitted with hybrid propulsion capability from Wärtsilä, the Finland-based technology group announced on Thursday.Hybrid propulsion will allow the vessel to operate with less running engines at more optimized load, creating fuel consumption and environmental benefits.The solution to be provided by Wärtsilä includes the hybrid drive…