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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
The Switch Acquires Wärtsilä Drives’ Products
The Switch, a technology specialist of advanced drive trains, announced its acquisition of Wärtsilä’s marine drives business that encompasses specialized megawatt…
Wärtsilä Nacos Platinum for Four Cruise ships
Wärtsilä has been awarded the contract to supply a broad range of integrated automation, navigation and dynamic positioning equipment, as well as the complete uninterruptable…
Wärtsilä Says It’s Ready for the BWM Convention
![Wärtsilä Aquarius UV Ballast Water Management System (Image: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/wrtsil-aquarius-uv-ballast-water-64521.jpg)
The International Maritime Organization's (IMO) International Convention for the Control and Management of ships' ballast water and sediments (BWM Convention) has been ratified and will enter into force on September 8, 2017. The treaty will ultimately require vessels in excess of 400 GRT to have a type approved BWMS installed and operating in accordance with the convention guidelines, and which conforms to the Regulation D2 discharge performance standard.
Wärtsilä Preparing for Ratified BW Convention
Wärtsilä has proactively planned and developed its range of Ballast Water Management System (BWMS) solutions in anticipation of the ratification of the International…
Wärtsilä In Dow Jones Sustainability Index
Wärtsilä has been selected as an index component of the Dow Jones Sustainability Indices (DJSI), both in the DJSI World and DJSI Europe indices. S&P Dow Jones Indices…
Wärtsilä Launches Updated Version of its Nacos Platinum Series
The Wärtsilä Nacos Platinum series of navigation, automation and control systems has been updated to include a number of new functions. The updated version will…
Wärtsilä BWMS for Three Maersk Tankers
Maersk Tankers A/S of Denmark has selected Wärtsilä's Electro Chlorination (EC) Ballast Water Management System (BWMS) for three new 50,000 DWT medium range (MR)…
Wärtsilä to Launch Sea-Master at SMM
Set to launch at SMM 2016 in Hamburg September 6-9, 2016, the new Wärtsilä Sea-Master system uses digital technology to monitor shaft bearings and seals to help…
Gasum, Wärtsilä Join Forces to develop Gas Value Chain
New joint co-operation between Gasum and Wärtsilä aims to develop the utilization and distribution of natural energy gases in marine and land markets. Gasum, the…
Wärtsilä Re-gasification system for Norwegian Ship Conversion
Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel.
Wärtsilä REvolution system takes sealing technology to New Level
The new Wärtsilä REvolution system is a digital management system that controls, monitors, records and analyses the performance of seals autonomously in real time…
Wärtsilä Environmental Efficiency for Hybrid UK Ferry
![Photo courtesy of Wrightlink](https://images.marinelink.com/images/maritime/w200h200c/photo-courtesy-of-wrightlink-62073.jpg)
A new ferry being built at the Cemre shipyard in Turkey for UK operator Wightlink will feature a comprehensive range of modern Wärtsilä equipment and systems to ensure a high level of environmental efficiency. In addition to conventional fuel, the new vessel will be the first ferry to utilzse Wärtsilä hybrid battery technology to improve efficiency, reduce the exhaust emissions and lower the noise level.
Wärtsilä in Coalition to Promote LNG as a Marine Fuel
Wärtsilä and other leading marine industry players have formed a coalition, known as SEA/LNG, to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.
32 Wärtsilä Gensets for Chinese Vessels
Wärtsilä has been awarded the contract to supply newbuild Chinese container vessels with a total of 24 9-cylinder Wärtsilä 32 Auxpac generating sets. The engines will power six 21…
Wärtsilä to Power Two Indian Dredgers
Wärtsilä has won an order for two new 8000m3 trailing suction hopper dredgers being built for the Adani group, India's largest private multi-port operator. The vessels…
Wärtsilä Offloads its WinGD Stake to CSSC
![5X72DF engine cut-out view. (Photo: Winterthur Gas & Diesel Ltd. (WinGD))](https://images.marinelink.com/images/maritime/w200h200c/5x72df-engine-cutout-view-photo-60828.jpg)
In a prepared statement China State Shipbuilding Corporation (CSSC) and Wärtsilä announced that Wärtsilä transferred its 30% shareholding in Winterthur Gas & Diesel Ltd. (WinGD), headquartered in Winterthur, Switzerland, to CSSC, one of the largest shipping conglomerates in China. WinGD will continue as an independent, international company to develop and innovate its two-stroke low-speed marine engine portfolio serving merchant markets and customers worldwide.
Wärtsilä Welcomes Cadets of SUNY Maritime Training Ship
Wärtsilä welcomed cadets from the State University of New York (SUNY) Maritime College to its Trieste factory during the school's summer sea term Italian port stop in June.
Wärtsilä Powers the World's Largest Cruise Ship
![Harmony of the Seas (Photo: Royal Caribbean International)](https://images.marinelink.com/images/maritime/w200h200c/harmony-of-the-seas-photo-60317.jpg)
Royal Caribbean International's Harmony of the Seas, featuring Wärtsilä engines, propulsion equipment, exhaust scrubber systems, Wärtsilä NACOS Platinum navigation and dynamic positioning systems, as well as Wärtsilä CCTV systems and various electrical & automation solutions, is now in commercial operation. The 'Harmony of the Seas' has also been included in a service agreement between Wärtsilä and Royal Caribbean covering technical management and monitoring under Wärtsilä Genius services.
Wärtsilä Expands Genius Services Offering
![Wärtsilä Genius services now include new services and updates that help our customers optimise their operations and embrace digitalization (Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/wrtsil-genius-services-now-include-60039.jpg)
The Wärtsilä Genius service offering now further supports customers' business with the newly launched Wärtsilä Offline vibration analysis service monitors the health of propulsion and other rotating equipment. In addition, Wärtsilä Engine efficiency monitoring service is now available for dual-fuel engines. Wärtsilä Condition based maintenance service has been updated to allow daily follow-up of equipment condition…
Wärtsilä Electrical Systems for SIEM RoRo Ferries
Wärtsilä has been awarded the contract to provide integrated turnkey electrical solutions for four new RoRo ferries being built at the Flensburger Schiffbau-Gesellschaft (FSG) yard in Germany.