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 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
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
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
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
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.
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
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
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…
