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 Dual-fuel Engines for LNG Carrier Newbuilds
Wärtsilä, through its joint venture company CSSC Wärtsilä Engine (Shanghai) Co (CWEC), has been contracted to deliver 16 engines for four new LNG carrier vessels being built at the Hudong Zhonghua shipyard in China. The order was booked in August 2017. Each of the four 174,000 m3 capacity vessels will be fitted with four Wärtsilä 34DF dual-fuel generating sets running primarily on LNG fuel to provide the ships with auxiliary power. Their total power output will be 56 MW.
Wärtsilä Opening ‘Digital Acceleration Centers’
Wärtsilä has set out to accelerate new business ideas using a collection of “Digital Acceleration Centers” (DAC) scattered around the globe. The first DAC in Helsinki…
Wärtsilä Acquires Guidance Marine
Wärtsilä has acquired Guidance Marine Limited, a technology leader within the marine industry for sensor solutions relating to dynamic positioning and other vessel control systems…
Wärtsilä to Acquire Puregas Solutions
Wärtsilä said it has reached a deal to acquire a Sweden based provider of turnkey biogas upgrading solutions, Puregas Solutions. The transaction is valued (enterprise…
Siemens to Build Wärtsilä Marine Gear Boxes
Wärtsilä and Flender (Siemens AG, Mechanical Drives) have reached an agreement that will transfer the assembly and testing of Wärtsilä's marine gear box portfolio to the Siemens Mechanical Drives facilities in Voerde, Germany. In announcing the deal, Wärtsilä said the new arrangement takes advantage of synergies with processes developed at the Siemens plant to secure the quality and delivery punctuality of the gear boxes, thus providing greater customer value.
Wärtsilä Tests Wireless Charging for Hybrid Coastal Ferry
Wärtsilä informs it has tested its automatic wireless induction charging system on a hybrid powered commercial coastal ferry, the first in the world operating with high power wireless charging capability for its batteries. The tests were carried out in Norwegian during the end of August and early September on the 85 meter long MF Folgefonn owned by Norled, one of Norway's largest ferry operators waters.
Wärtsilä Debuts New Tug Designs
A new portfolio of tug designs, to be known as the Wärtsilä HYTug series, place emphasis on environmental sustainability. Since tugs typically operate in or close to harbors and populated areas, they are particularly affected by environmental considerations, and the need for regulatory compliance is an increasing concern for tug owners and operators worldwide. Having already introduced tug designs…
Wärtsilä Cargo Handling System for LNG Bunker Barge
Wärtsilä said it booked an order in June to supply the cargo handling system and cargo tanks for a new 3,000 cubic meter capacity liquefied natural gas (LNG) bunker barge currently under construction. The vessel, which is being built in Romania and will be outfitted in the Netherlands, will be owned by LNG Shipping, a consortium between Belgium based Victrol and CFT Corporation based in France. When delivered…
Wärtsilä Tests Remote Control Ship Operating Capability
Wärtsilä said it has taken a further important step toward developing its Smart Marine capabilities by successfully testing the remote control of ship operations. The testing, which involved driving the vessel through a sequence of manoeuvres using a combination of Dynamic Positioning (DP) and manual joystick control, was carried out on August 21 off the North Sea coast of Scotland in collaboration with Gulfmark Offshore, the U.S. based operator who provided the vessel for the project.
Wärtsilä Re-liquefaction Plants Ordered for Newbuild LNG Carriers
Wärtsilä said it has been awarded contracts to supply its re-liquefaction plants to three new LNG carriers currently under construction. One ship is being built at the Samsung Heavy Industries (SHI) yard in South Korea for the international owner and operator Gaslog. The others are for Norway based Knutsen and are being built at the Hyundai Heavy Industries (HHI) yard in South Korea. The order was booked for the Gaslog ship in April 2017 and for the Knutsen ships in May/June 2017.
Wärtsilä to Provide Solutions to Six Feeder Vessel Newbuilds
The technology group Wärtsilä will supply an extensive range of products and solutions for six new 1160TEU container feeder vessels to be built at the Fujian Mawei shipyard in China.
Wärtsilä to Power Two New Fishing Trawlers
Wärtsilä said it has been contracted to provide the engines and the complete propulsion package, including the propulsion control system for two new fishing trawlers being built for Murmansk, Russia based Nord Pilgrim Ltd. The ships are to be constructed at the PJSC Vyborg shipyard in Russia. The orders with Wärtsilä were booked in June, 2017. The 80-meter-long trawlers will be reinforced to Ice3 class…
Wärtsilä Scrubbers for New Japanese Bulk Carriers
Wärtsilä informs it has been contracted to supply exhaust gas cleaning systems for two new 56,000 DWT Handymax bulk carriers being built at Oshima Shipbuilding Co., Ltd. in Japan for Tokyo based NYK Bulk & Projects Carriers Ltd. (NYK BP). The newbuilds will be the first vessels owned or chartered by NYK Group having exhaust gas cleaning systems installed. By fitting the scrubber systems, the ships will be compliant with the International Maritime Organization’s (IMO) SOx emissions regulations…
Wärtsilä Waterjets for New Danish High-speed Ferry
Wärtsilä informs it has been contracted to supply four waterjets plus the hydraulics and control system for a new 109-meter-long high-speed RoPax ferry being built at the Austal Ships Pty yard in Australia for Molslinjen A/S of Denmark. The order with Wärtsilä was booked in May 2017. The new vessel will be an all aluminum catamaran having a top speed of 40 knots. It will be equipped with two full vehicle decks for 425 cars, or 610 lane meters for trucks and up to 232 cars.
Wärtsilä Ensures Compliance with the Polar Code
1 January 2017 was a historic milestone in the protection of our polar waters for future generations. On that day, International Maritime Organization’s (IMO) International…
Wärtsilä Power, Navigation Systems for Virgin Cruise Ships
Wärtsilä said it has secured contracts to provide a scope of power and navigational control solutions for three new 2,800 passenger cruise vessels being built at the Fincantieri shipyard in Italy for Virgin Voyages, the latest of the international Virgin Group's travel businesses. An order for Wärtsilä engines, hybrid exhaust cleaning scrubber systems and selective catalytic reduction (SCR) systems was booked in 2016…
Wärtsilä Dual-fuel Engines for Tanker Newbuilds
Wärtsilä said it has been contracted to supply the engines, propellers and fuel supply systems for four new tanker vessels. The ships will run on both liquefied natural gas (LNG) and diesel, and are being built at the Scheepswerf Ferus Smit yard in the Netherlands for Sweden based Erik Thun AB. The order with Wärtsilä was booked in the first quarter of 2017. In 2014, the Scheepswerf Ferus Smit yard built two cement carriers on behalf of Erik Thun AB.
First 12-cylinder Wärtsilä 31 Engine Ordered
Wärtsilä said it has booked an order in April 2017 to provide its Wärtsilä 31 main engine, the propulsion machinery and the auxiliary engines for a new state-of-the-art pelagic trawler under construction at a Norwegian shipyard. The vessel has been ordered by Research Fishing Co based in Lerwick, Shetland Islands. There is an option for a second vessel. In specifying the Wärtsilä solutions, the customer…
Wärtsilä Inks Distributor Deal with Heinzman
Wärtsilä Canada Inc. has signed an agreement with Heinzmann GmbH & Co. KG to become Heinzmann’s Authorized Central Distributor in Canada. Aligned with Wärtsilä’s QuantiServ business, the agreement provides Heinzmann’s Canadian customers in the marine and energy industry an opportunity to repair, replace and upgrade their existing control and monitoring systems through Wärtsilä Canada. This is supported by the factory-qualified engineering, field service and workshop staff of Wärtsilä Canada.
Wärtsilä introduces its Eniram SkyLight 2.0
Eniram, a Wärtsilä company, has introduced a major update to its performance monitoring system targeted at commercial shipping operators. The Eniram SkyLight 2.0 adds nautical maps…
