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 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 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…
Wärtsilä Solution for 15 LNG Powered 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…
Wärtsilä Waterjets for Australian Ferry
The Incat Tasmania Pty shipyard in Hobart, Australia has again specified Wärtsilä waterjets and controls for a new fast ferry, the 'KatExpress 3', being built for Danish operator Mols-Linien.
Wärtsilä Systems for Vietnamese Tankers
Three new 21,800 dwt chemical tankers, under construction at two different shipyards in Vietnam owned by Triyards Holdings Limited, will feature integrated Wärtsilä…
Wärtsilä Control Systems for 3 New Containerships
Wärtsilä's Nacos Platinum Integrated Navigation Automation Control System has been selected for a series of three 'mega-class' container vessels being built for…
Wärtsilä Power for Two Icebreakers
Two new Aker Arctic designed icebreakers, under construction at the PJSC Vyborg Shipyard in Russia, will have their main power provided by Wärtsilä generating sets.
Wärtsilä Strengthens Its Position in China with New Propulsion Orders
Two new marine geological research vessels under construction in China will feature a broad scope of Wärtsilä engines and propulsion equipment. Wärtsilä has maintained…
Wärtsilä Sternguard In-Water Serviceable Seal Launched
Wärtsilä, the marine and offshore industry's leading solutions and services provider, introduces an innovative new seal that can be fully serviced underwater, without setting up a habitat.
Wärtsilä Propulsion for Antarctic Icebreaker
A new Polar Logistics Vessel being built for Terre Australes et Antarctiques Françaises (TAAF) and the French Polar Institute (IPEV), and which will be operated by the French Navy…
Wärtsilä Design & Propulsion Machinery for Pelagic Trawler
A new pelagic fishing trawler ordered by Scottish owner Mewstead LLP will be built according to a Wärtsilä design and will feature a broad scope of Wärtsilä propulsion machinery.
Wärtsilä Propulsion for LNG Bunker Vessel
A new 5,800-cubic-meter LNG bunker and feeder vessel, being built for Sirius Veder Gas AB at Royal Bodewes, Hoogezand, in the Netherlands, will be powered by a Wärtsilä propulsion solution.