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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 Solutions Increase Safety in Arctic Waters
![Photo Copyright: Sovcomflot](https://images.marinelink.com/images/maritime/w200h200c/photo-copyright-sovcomflot-99629.png)
The technology group Wärtsilä has been contracted by Sovcomflot, Russia’s largest shipping company, to roll out a Wärtsilä Fleet Operations solution for Sovcomflot’s fleet of Arctic shuttle tankers.The aim is to promote sustainable development, and to increase the safety and efficiency of operations in the sensitive Arctic waters. Wärtsilä will also provide a core solution for the company’s fleet operation center.
Wärtsilä Waterjets for High-Speed Ferry
![The new 100 meters long catamaran ferry, being built by Incat Tasmania for the Trinidad & Tobago Government, will feature the recently introduced Wärtsilä WXJ waterjets. Copyright: Incat.](https://images.marinelink.com/images/maritime/w200h200c/the-new-100-meters-long-99411.png)
The Wärtsilä WXJ series of modular waterjets have scored its first installation, onboard a new 100-m wave-piercing catamaran ferry being built for the Government of Trinidad and Tobago at the Incat shipyard in Tasmania, Australia.The WXJ series was officially launched in early March 2019. The series is a further development and upgrading of the Wärtsilä LJX waterjets, with greater efficiency with lower cavitation and underwater noise levels.In addition to the four WXJ waterjets…
Wärtsilä Enables Innovative Simulation Hub
![The new simulation centre will be located at the Lakeside North Harbour business hub, near Portsmouth, UK. Copyright: Lakeside North Harbour](https://images.marinelink.com/images/maritime/w200h200c/the-new-simulation-centre-will-99266.png)
The technology group Wärtsilä is to supply and configure the software solutions for a new, state-of-the-art, purpose built simulation center being constructed near Portsmouth, England. The center is an expansion of the Maritime Skills Academy’s (MSA) training portfolio serving the Solent region, and is designed to meet the specific simulation training requirements of cruise, ferry and superyacht clients. MSA Solent is part of the Viking Maritime Group, headquartered in Dover, England.
Electronic Bus Link Installed on North Sea Giant
![(Image: Yaskawa Environmental Energy / The Switch)](https://images.marinelink.com/images/maritime/w200h200c/image-yaskawa-environmental-energy-the-99123.jpg)
An Electronic Bus Link (EBL) has been commissioned on North Sea Shipping's subsea construction vessel North Sea Giant, said manufacturer from Yaskawa Environmental Energy / The Switch.The technology, a key element in a retrofitted Wärtsilä hybrid solution, connects the 18,151 GWT vessel’s DC-Hubs, providing complete redundancy, enhanced efficiency and significant fuel savings. Thanks to the EBL, the advanced DP3-class vessel can now conduct demanding operations using one engine…
MSS Will Tap Data to Save Fuel
![(Photo: Maersk Supply Service)](https://images.marinelink.com/images/maritime/w200h200c/photo-maersk-supply-service-99055.jpg)
Maersk Supply Service (MSS) announced it will equip its vessels to use data to optimize operations and save fuel in real time.The offshore services company said on Friday it signed a contract earlier this month with Eniram, a Wärtsilä company, to install Energy Advisory Systems on two of its vessels, with potential to equip four additional vessels, and eventually its entire fleet, after performance…
Wärtsilä Supplies Transverse Thrusters for Cruise Ships
The technology group Wärtsilä has received orders to supply more than sixty of its transverse thrusters for twelve new cruise ships being built in four shipyards…
Harvey Gulf PSV Receives Hybrid Retrofit
![Harvey Energy is the first PSV in the Americas to be retrofitted for hybrid propulsion. (Photo: Harvey Gulf)](https://images.marinelink.com/images/maritime/w200h200c/harvey-energy-is-the-first-98937.jpg)
Harvey Energy, the first platform supply vessel (PSV) to be fueled by liquefied natural gas (LNG) will become the first PSV in the Americas to be hybrid retrofitted. The vessel's owner, Louisiana-based Harvey Gulf International Marine, has ordered an energy storage solution from the technology group Wärtsilä to significantly enhance Harvey Energy's efficiency and environmental performance.The installation of a Wärtsilä 1450 kW battery hybrid solution will reduce the ship’s exhaust emissions…
Wärtsilä Launches High Resolution Radar
![Photo: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsil-98920.png)
The technology group Wärtsilä has launched its RS24 high resolution radar, the world’s first commercially available K-band maritime radar. By detecting far smaller objects and at a much higher radar resolution than conventional S or X-band radars, the RS24 enables small vessels and other potential hazards close to large ships to be visible. This promotes safety, especially in congested shipping lanes and busy ports.
Wärtsilä to Equip Knutsen LNG Carrier
![Knutsen OAS Shipping LNG vessel (Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/knutsen-oas-shipping-lng-vessel-98876.png)
Wärtsilä said it will provide an integrated propulsion and cargo handling solution for a new 30,000-cubic-meter liquefied natural gas (LNG) carrier being built at the Hyundai Mipo Dockyard (HMD) in South Korea on behalf of Norway based Knutsen OAS Shipping.Under a 12-year long term charter, the vessel, expected to be delivered during the first half of 2021, will be operated by Knutsen and chartered to Edison S.p.A, an Italian energy services provider.
Wärtsilä Completes Sea Trials for SceneScan System
![SceneScan Topaz 1 (Photo Copyright: Topaz)](https://images.marinelink.com/images/maritime/w200h200c/scenescan-topaz-1-photo-copyright-98811.png)
The technology group Wärtsilä has successfully completed sea trials of its SceneScan system, the world’s first ‘targetless’ dynamic positioning (DP) laser sensor. This state-of-the-art technology requires no reflector target to be deployed, thereby increasing both safety and operational uptime. The technology has been developed by Guidance Marine, a Wärtsilä company.The tests were carried out onboard the Topaz Citadel…
Wärtsilä, Samsung Heavy Industries Partner
![The Joint Development Project was signed by Jin-Taek Jung; Executive Vice President, Engineering & Procurement Operations, SHI and Timo Koponen; Vice President, Processing Solutions, Wärtsilä Marine. (Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/the-joint-development-project-was-98770.png)
Finland based technology group Wärtsilä and South Korean shipbuilder Samsung Heavy Industries (SHI) will set out to develop more efficient solutions for liquefied natural gas (LNG) carriers and shuttle tanker vessels, under a new joint development project (JDP) agreement signed Wednesday at the LNG19 exhibition in Shanghai.According to Wärtsilä, who issued a press release announcing the agreement on Thursday, the JDP will build on shared knowledge and experience between the two companies.
Trident Opens UAE Diving Center
![Photo courtesy of Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-courtesy-of-wrtsil-98640.png)
Trident, a subsidiary of Wärtsilä, is strengthening its underwater-related servicing capabilities with the opening of a new diving center facility in Fujairah, United Arab Emirates. This expansion into a major global shipping region will enhance Wärtsilä’s ability to serve its customers with underwater repairs, refurbishments and maintenance. The UAE center became fully operational in February 2019.Wärtsilä…
Can the Cruise Shipping Boom Continue?
![MSC Cruises, the industry’s largest privately owned company, is in the midst of a $13 billion expansion which will bring its fleet, following the delivery of MSC Meraviglia in 2017, to 25 vessels by the mid 2020’s. Still on order are four Meraviglia class ships. Photo: MSC](https://images.marinelink.com/images/maritime/w200h200c/msc-cruises-the-industrys-largest-98422.jpg)
As the global cruise industry enjoys it most robust period of growth ever, the question invariably becomes: How long can it last?Cruising, which is a blend of the hospitality and maritime businesses, continues to grow at a historic pace. The Cruise Trends & Industry Outlook publication from Cruise Lines International Association (CLIA) projects a passenger count of 30 million in 2019 – up nearly 2 million from the previous year.
Wärtsilä Power for Two New Tug Boats
![Copyright Yutek](https://images.marinelink.com/images/maritime/w200h200c/copyright-yutek-98411.png)
The engines and steerable thrusters supplied by Wärtsilä are delivering for a pair of two new tug boats operated by the Turkish Directorate General of Coastal Safety. Following sea trials, the first vessel is already in operation, while the second will enter service in April 2019. The vessels were built in Eregli under project management by the Yutek shipyard and site team, and the orders with Wärtsilä…
Wärtsilä to Design, Equip Arctic Vessel
![The new state-of-the-art Aker BioMarine support vessel is designed by Wärtsilä and fitted with an integrated package of propulsion and environmental systems. (Photo: Aker BioMarine)](https://images.marinelink.com/images/maritime/w200h200c/the-new-stateoftheart-aker-biomarine-98140.png)
Wärtsilä won the contract to design a multipurpose transport vessel that will operate in Antarctic waters. Wärtsilä will also provide the vessel with a comprehensive package of integrated propulsion and hybrid solutions to ensure highly efficient and environmentally sustainable operations. The ship has been ordered by Norway-based Aker BioMarine and will be constructed in China, at CIMC Raffles. The ship design order with Wärtsilä was booked in December 2018…
Wärtsilä Tests Remote Service Capabilities
![Photo: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsil-97973.png)
The technology group Wärtsilä has successfully tested its remote guidance service, thereby creating an entirely new dimension in vessel repair and maintenance operations. Through real-time communication using voice-controlled Augmented Reality (AR) wearables and remote guidance software, ship crew members, field service engineers and shipyard personnel can communicate with shore-based experts anywhere in the world.
ESS Saves Fuel for North Sea Construction Ship
![North Sea Giant (Copyright NCE Maritime Clean Tech)](https://images.marinelink.com/images/maritime/w200h200c/north-sea-giant-copyright-nce-97929.png)
One of the world’s largest and most advanced subsea construction vessels has been equipped with three energy storage systems (ESS), featuring for the first time ever energy and load sharing capability.Finland based technology group Wärtsilä said the new system on board North Sea Shipping AS owned North Sea Giant combines a diesel-electric configuration with batteries, and is designed to deliver as…
Wärtsilä to Provide BWMS for Eletson's Tankers
![Eletson Vesssels (Photo courtesy of Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/eletson-vesssels-photo-courtesy-of-97661.png)
The technology group Wärtsilä’s dual technology option for Ballast Water Management Systems (BWMS) will enable Greece based operator Eletson Corporation to have its entire fleet retrofitted from a single provider. A total of 23 product oil, chemical, and LPG carriers of the company’s fleet will be retrofitted with up to 69 Wärtsilä BWMS units, comprising of both their Aquarius UV (ultra-violet) and Aquarius EC (electro-chlorination) systems.
Wärtsilä Modular Waterjets Upgraded
![Photo: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsil-97622.jpg)
The technology group Wärtsilä has announced that its LJX series of modular waterjets has been upgraded to deliver even greater efficiency with low levels of cavitation and underwater noise. Following this upgrading, the company’s modular waterjets will be redesignated as the Wärtsilä WXJ series.The development is based on a new axial pump design, which boosts performance with an increased thrust of as much as 3 percent…
Wärtsilä Increases Efficiency of Portuguese Ports
![Photo courtesy of Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-courtesy-of-wrtsil-97560.png)
The technology group Wärtsilä has successfully completed the installation and operational staff training for its Vessel Traffic Service (VTS) solution in the ports of Lisbon and Setúbal / Sesimbra in Portugal.The systems will increase the efficiency of these ports by reducing waiting time for vessels and allowing just-in-time pilotage. The state-of-the-art solution has been developed and supplied by Transas, a Wärtsilä company.