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
EBDG Power Barge to Feature Wärtsilä Dual-fuel Methanol Engine
Wärtsilä announced it is teaming up with Elliott Bay Design Group (EBDG) to advance EBDG’s Clean Harbor Alternative Mobile Power (CHAMP) Barge design.This partnership introduces a cost-effective solution to reduce emissions from large vessels in situations where traditional shore power is not available and features Wärtsilä's dual fuel methanol engine technology, the partners said.The floating mobile platform offers a power range of 6 to 16 Megawatts, utilizing green methanol as its source.
Wärtsilä Signs Electrification Deal for Zero-Emission Ferries
Wärtsilä has signed a strategic partnership agreement to provide its fleet electrification and systems integrator services for a project to build the first zero-emission high speed ferries in the US. The fully electric vessels will be built for San Francisco’s Water Emergency Transportation Authority (WETA), the operator of the San Francisco Bay Ferry system.The project, and several others Wärtsilä will work on under the partnership…
Improving Propulsion Efficiency: Wärtsilä to Retrofit Ten Hafnia Tankers
Finland-based marine technology group Wärtsilä will supply its EnergoFlow and EnergoProFin solutions for ten Bird Class oil and chemical tankers owned by the Singapore-based global tanker operator Hafnia."The combination of the two Wärtsilä systems ensures an optimized waterflow over and after the propeller, thereby improving propulsion efficiency considerably. The order was booked by Wärtsilä in October 2023…
Wärtsilä Launches 'World's First' 4-stroke Engine-based Ammonia Solution
Finland-based marine technology and equipment maker Wärtsilä has introduced the marine sector’s "first commercially available 4-stroke engine-based solution for ammonia fuel."According to Wärtsilä, the new solution enables a significant advance in sustainable shipping operations – during a time in which ship owners are seeking viable options among green fuels. The ammonia solution is now commercially available as part of the Wärtsilä 25 engine platform…
Inside Wärtsilä’s Sustainable Technology Hub
“If we are to state our strategy in one word, it’s decarbonization,” said Juha Kytölä, director of R&D and engineering at Finnish tech company Wärtsilä. “What we are going toward is to supply the market with a portfolio of products that are ready for zero-carbon fuels.”In order to achieve its sustainability goals—including a 2030 target for carbon neutrality in its own operations—Wärtsilä has been taking big strides in research and development…
Wärtsilä Announces Restructure
Wärtsilä has announced plans to further streamline its marine business portfolio by divesting its Gas Solutions business unit.Gas Solutions is a provider of gas processing systems. However, the business unit has limited synergies with the rest of Wärtsilä’s marine product portfolio. Therefore, Wärtsilä plans to move Gas Solutions to the Portfolio Business in preparation for a divestment. The net sales…
Wärtsilä Unveils New Ultra-Low Emissions Engine for Marine Industry
Finland-based marine engine maker Wärtsilä on Wednesday introduced a new ultra-low-emissions version of its Wärtsilä 31DF engine, which was first launched in 2015. According to Wärtsilä, while operating on LNG, this new version can further reduce methane emissions on a 50 percent load point by up to 56 percent and nitrogen oxide (NOx) by up to 86 percent.On a weighted average, this new technology can reduce methane emissions by 41 percent more than the standard Wärtsilä 31DF engine…
New Pusher Tugs Enter Service for Hidrovias do Brasil
A pair of new modern pusher tugs has entered service for Hidrovias do Brasil S.A., pushing barges containing bulk products in the Amazon River system.The newly built shallow-draft vessels, HB MAPARÁ and HB DOURADA, are RApide 4600-Z3 push boats designed by Canada's Robert Allan Ltd. (RAL) and built by Uzmar Shipyard in Izmit, Turkey.According to the designer, both vessels are designed to meet ABS and…
Wärtsilä to Supply Engines for Orient Express Silenseas Newbuilds
Wärtsilä announced it will supply its recently introduced Wärtsilä 25DF dual-fuel (LNG) engine for two new sail-assisted luxury cruise ships. The vessels are being built at the Chantiers de l’Atlantique (CdA) shipyard in France for Orient Express Silenseas, part of French hospitality group Accor. There is an option for an additional two vessels.The efficient and environmentally friendly Wärtsilä 25DF engine features a two stage turbocharging system…
Wärtsilä to Equip World’s First Methanol-fuelled Hybrid RoRo Vessels
Finland-based marine technology group Wärtsilä will supply an integrated hybrid propulsion system for two new world’s first methanol-fuelled hybrid RoRo vessels The ships are being built at the China Merchants Jinling shipyard (Weihai) Co., Ltd for the Swedish shipping company Stena RoRo. The ships will operate in the Stena Line Irish Sea system. Each vessel will be equipped with two Wärtsilä 32M multi-fuel engines capable of operating on methanol fuel and with ammonia-ready notation.
Wärtsilä LNG Fuel Gas Supply Systems Chosen for CMA CGM Newbuildings
Wärtsilä will supply the LNG Fuel Gas Supply (FGSS) systems for four new 23,000 TEU container ships being built for CMA CGM at the Hudong Zhonghua Shipbuilding yard in China.This latest order, which was booked as order intake by Wärtsilä in Q2, 2023, represents a continuation of Wärtsilä’s supply of fuel gas supply systems to CMA CGM vessels. During the past six years, Wärtsilä has been contracted…
Wärtsilä to Supply Propulsion for Brazilian Navy’s Polar Vessel
Wärtsilä announced it has been tapped to supply the main power generation and power conversion system for a new 103.16m Antarctic Support Vessel being built for the Brazilian Navy at Brazil’s Estaleiro Jurong Aracruz shipyard.The new Polar Vessel – Navio Polar Almirante Saldanha (NPo) – will be operated by the Brazilian Navy and is of strategic importance for maintaining the Brazilian presence in the…
Wartsila's Methanol-fueled Engines for CMA CGM Container Ships
Finland-based marine technology and equipment supplier Wärtsilä will supply methanol-fueled auxiliary engines for the French shipping company CMA CGM.The engines have been ordered for six 15,000 TEU container vessels that are being built at the Dalian Shipbuilding yard in China.The six container vessels will be the first CMA CGM vessels ordered to operate on methanol fuel.The choice of methanol is said to be central to the CMA CGM's current decarbonization ambitions…
Wärtsilä, Qtagg Launch Retrofit Solution for Marine Engine Governor System
Finland-based marine technology firm Wärtsila said Wednesday it had launched an innovative retrofit solution for its marine engine governor system in collaboration with Swedish marine green tech company Qtagg. The solution is designed to extend the lifespan of a ship’s propulsion control system, while simultaneously enhancing the vessel’s overall efficiency.Wartsila's Wärtsilä Automation, Navigation…
NSB Invests in New Simulator
NSB GROUP will work with Wärtsilä on the technical upgrade of the simulator of its NSBacademy. Since 2007 NSB is training Nautical Officers in its own Maritime Training Center. The retrofit for the technical update began in June and is expected to last three months.The NSBacademy has two ship‐handling simulators with a field of view of 270° and 180° respectively. Both units are being completely overhauled.
Wärtsilä to Extend Regasification Capacity for Croatian LNG Terminal
Technology group Wärtsilä has been contracted to extend the capacity of the regasification system installed onboard the LNG Croatia with a new regasification module. The 280-meter-long floating storage and regasification unit (FSRU) vessel is owned by Zagreb-based LNG Hrvatska, and acts as the company’s liquefied natural gas (LNG) terminal on Krk island.The new module will supplement the vessel’s existing…
DNV Presents AIP for NoGAPS Ammonia-powered Gas Carrier Design
Classification society DNV has awarded the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping in collaboration with Nordic Green Ammonia Powered Ships (NoGAPS) partners BW Epic Kosan, Yara, MAN Energy Solutions, Wärtsilä, Global Maritime Forum and Breeze Ship Design an Approval in Principle (AiP) for the design of an ammonia-powered gas carrier – the M/S NoGAPS. The certificate was presented during…
Wärtsilä Helping with Decarbonization of Orient Express' Bulk Carriers
Finland-based marine technology group Wärtsilä will partner with Transworld Group to apply what it says are the most advanced decarbonization modeling capabilities to the bulk carriers sector of Orient Express lines of Dubai.Orient Exrpress is owned by Transworld Group and Managed by Transworld Ship Management (TWSM), one of India's premium private sector ship management firms. The project aims to…
Skarv Gets Enova Funding for Three Ammonia-fueled Ships
The Norwegian government is providing financial support for the construction of three cargo ships that will run emissions-free along the Norwegian coast.Enova, a Norwegian government enterprise promoting the use of clean energy, said it is providing NOK 130 million to Skarv Shipping Solutions AS for the acquisition of three cargo ships that will run on batteries, ammonia engines, rotor sails and energy-saving hull design.
Corsica Linea Signs 10-year Asset Performance Deal with Wärtsilä
French ferry operator Corsica Linea has signed 10-year Guaranteed Asset Performance (GAP) agreement with Wärtsilä to help ensure optimal performance of the power systems onboard the company’s new liquefied natural gas (LNG)-fueled RoPax vessel A Galeotta, which will sail between Marseille and Corsica in France. The 206-meter-long ship was built at the Visentini yard in Italy. It features two Wärtsilä…
