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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 Donates Engine to Texas A&M University
Wärtsilä has donated an 8-cylinder Wärtsilä 20 engine and generating set, to the Marine Engineering Technology Department at Texas A&M University at Galveston. The…
Wärtsilä Joins LNG-powered Bulker Project
Wärtsilä is to team up with an international group of shipping industry companies and organisations in a project to develop a concept for equipping future dry bulk carrier vessels with LNG propulsion.
IMO Tier III compliant Wärtsilä X72 Engine Passes Test
![(Credit: Winterthur Gas & Diesel (WinGD)](https://images.marinelink.com/images/maritime/w200h200c/credit-winterthur-gas-diesel-wingd-58964.jpg)
Winterthur Gas & Diesel (WinGD) and its two-stroke engine manufacturer Hyundai Heavy Industries - Engine & Machinery Division (HHI-EMD) announced the successful testing and delivery of their first IMO Tier III compliant Wärtsilä X72 diesel engine. Built at HHI-EMD’s works in Ulsan Korea, the six-cylinder, Wärtsilä X72 diesel engine employs a compact, pre-turbocharger selective catalytic reduction (SCR) system.
Wärtsilä Propulsion for First UK Dual-fuel Ships
he first ever UK domestic dual-fuelled new build vessels will feature fully integrated Wärtsilä propulsion machinery packages. Wärtsilä will also supply extended engineering and site support services.
Wärtsilä to Power 8 CSCL Containerships
Wärtsilä has been awarded a contract to supply its Wärtsilä Auxpac 32 generating sets for eight new 13,500 TEU container vessels being built for China Shipping Container Lines (CSCL).
First Wärtsilä X62DF Engine Ready for Large LNG Carrier
![The Wärtsilä 6X62DF engine’s launching celebration at Doosan’s works in Changwon, Korea. (Photo: WinGD)](https://images.marinelink.com/images/maritime/w200h200c/the-wrtsil-6x62df-engines-launching-57497.jpg)
On April 5, 2016 Winterthur Gas & Diesel (WinGD), together with Doosan Engine Co., Ltd demonstrated the first low-speed low-pressure Wärtsilä six-cylinder X62DF (W6X62DF) engine for a commercial application. The event took place at Doosan’s works in Changwon, Korea and the W6X62DF engine is also the first sold X-DF engine for the new generation of very large LNG carriers. It is currently under test by Doosan before delivery and is one of a pair that will power the first of two 180…
Wärtsilä Ship Design for Offshore Maintenance Vessel
Wärtsilä has been awarded the contract to provide the design for a new jack-up lift vessel. The contract was signed in March with a well known Chinese yard and there…
Wärtsilä Propellers to Drive Greek Tankers
TMS Tankers Ltd, one of the largest Greece based shipping fleet operators, has selected Wärtsilä fixed pitch propellers (FPPs) for its new vessels under construction in China.
Wärtsilä Nacos Platinum System for Maersk Boxships
Wärtsilä has been contracted to supply the Wärtsilä Nacos Platinum integrated navigation, automation, and propulsion control systems for 27 new container vessels…
Wärtsilä Launches WTT-40 Transverse Thruster
Wärtsilä is launching its new Wärtsilä WTT-40 transverse thruster. The first WTT-40's have been ordered and are scheduled for delivery during 2016. This first variant…
Wärtsilä Propulsion for Seabourn Cruise Vessels
Two new cruise vessels being built for USA based Seabourn Cruise Line will feature a broad assortment of Wärtsilä propulsion, electrical and automation solutions.
Wärtsilä Admits Manipulation on Ship Engine Fuel Tests
Wärtsilä Corporation has, at its own initiative, conducted an internal audit of test processes globally. This was done to secure compliance and to ensure operational excellence within the company.
Wärtsilä Broadens its Marine Agreement Concepts with Lifecycle Solutions
Wärtsilä broadens its range of marine agreement concepts with Lifecycle solutions - an innovative, comprehensive offering that optimises the efficiency and performance…
Wärtsilä Designs Deepwater DSV for China
Wärtsilä has signed a contract with Shanghai Bestway Marine Engineering Design Co Ltd to design a new type of deepwater dive support vessel (DSV). The ship is to…
Wärtsilä Supporting Japan's 'Gas Age' Shipping
![A six-cylinder in-line version of the Wärtsilä 50DF dual-fuel engine. (Image: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/a-sixcylinder-inline-version-of-55246.jpg)
A total of 16 new gas carrier ships being built in Japan for Japanese owners are to be powered by Wärtsilä dual-fuel engines capable of running on liquefied natural gas (LNG) or conventional diesel fuels. Wärtsilä's said its experience and technological capabilities in gas fuelled propulsion solutions were cited as being key factors in the award of these contracts – all placed between the second half of 2014 and December 2015.
Delivery of 100th Wärtsilä 34DF Marine Engine
The 100th Wärtsilä 34DF dual-fuel marine engine will be delivered from the factory in early 2016. This delivery will represent part of an order for three new large…
Wärtsilä Design for Krill Fishing in Antarctic
The world's biggest and most modern krill fishing factory vessel is to be designed by Wärtsilä. The vessel will operate in the pristine waters of the Antarctic, a World Heritage site…
Wärtsilä to Upgrade Residential Ship "The World"
"The World", the largest, private, residential ship on the seas, will be retrofitted with a Wärtsilä Advanced Wastewater treatment system and a Wärtsilä Nacos Platinum…
Wärtsilä Ferry Concept Features Zero Emissions
A complete concept for a series of innovative and cost effective shuttle ferries, featuring zero or low emissions, is being launched by Wärtsilä. The concept has…
Wärtsilä to Power Shell's 15 LNG Barges
A series of 15 inland waterway barges being built for Belgium based Plouvier Transport N.V., and which will be chartered by Shell Trading Rotterdam (Shell), are…