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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 LNG Fuel Gas Supply Systems Chosen for CMA CGM Newbuildings
![Credit: CMA CGM](https://images.marinelink.com/images/maritime/w200h200c/credit-cma-cgm-143638.jpg)
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
![Rendering of the new Polar Vessel – Navio Polar Almirante Saldanha (NPo) – being built for the Brazilian Navy (Image: © Navio Almirante Saldanha)](https://images.marinelink.com/images/maritime/w200h200c/rendering-of-the-new-polar-143460.png)
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
![Credit: Wartsila](https://images.marinelink.com/images/maritime/w200h200c/credit-wartsila-142855.jpg)
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
![ANCS’s solution is designed to extend the lifespan of a ship’s propulsion control system, while simultaneously enhancing the vessel’s overall efficiency. © Wärtsilä Corporation](https://images.marinelink.com/images/maritime/w200h200c/ancss-solution-is-designed-to-142094.jpg)
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
![Photo by Daniela Ponath](https://images.marinelink.com/images/maritime/w200h200c/photo-by-daniela-ponath-141869.jpg)
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
![Mr.Kjell Ove Ulstein, Sales & Marketing Director, Wärtsilä Gas Solutions and Mr. Hrvoje Krhen, previous Managing Director of LNG Hrvatska (Croatia) © LNG Hrvatska](https://images.marinelink.com/images/maritime/w200h200c/mrkjell-ove-ulstein-sales-marketing-141794.jpg)
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
![Rendering of the M/S NoGAPS ammonia-powered gas carrier. (Image: Breeze Ship Design)](https://images.marinelink.com/images/maritime/w200h200c/rendering-of-the-ms-nogaps-141589.jpg)
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
![The project will create and validate a digital model of the ‘TBC Prestige’, based on measured real-life data © Transworld Group](https://images.marinelink.com/images/maritime/w200h200c/the-project-will-create-and-141445.jpg)
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
![This is what one of Skarv Shipping Solutions' ships could look like. The vessels will potentially have a 90 per cent reduction in emissions compared to similar traditional ships. Ill. NORTHWEST3D](https://images.marinelink.com/images/maritime/w200h200c/this-is-what-one-of-141059.jpg)
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
![Corsica Linea’s LNG-powered ferry, A Galeotta, on sea trials (Photo: Corsica Linea)](https://images.marinelink.com/images/maritime/w200h200c/corsica-lineas-lngpowered-ferry-a-141056.jpg)
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…
US Navy Orders LCS Propulsion Items
![File photo: U.S. Navy Independence class littoral combat ship USS Gabrielle Giffords (LCS-10). (Photo: Josiah J. Kunkle / U.S. Navy)](https://images.marinelink.com/images/maritime/w200h200c/file-photo-us-navy-independence-141022.jpg)
Defense Maritime Solutions, Inc. secured a contract from the U.S. Navy's Southwest Regional Maintenance Center in San Diego in support of the waterjets and seals that they originally supplied for the Littoral Combat Ship Independence Class.The $9,135,942 firm-fixed price indefinite-delivery/indefinite-quantity contract includes four ordering year options which, if exercised, would bring the cumulative value of this contract to $60,582,873.
Hyundai Heavy Industries Selects Wärtsilä for VLEC Cargo Handling and Fuel Supply Systems
![Very Large Ethane carrier © Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/very-large-ethane-carrier-wrtsil-139950.jpg)
Finland-based marine equipment and technology group Wärtsilä has won a contract with Hyundai Heavy Industries (HHI) shipyard to supply the cargo handling and integrated fuel gas supply systems for Very Large Ethane Carrier (VLEC) vessels. This latest order, booked by Wärtsilä in Q1, 2023, is for two VLECs being built for Japanese ship owner Iino Line.The Wärtsilä equipment is scheduled for delivery to the yard in mid-2024.In February 2023…
Wärtsilä to Supply Reliquefaction Systems for Eight LNG Carriers
![©Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/wrtsil-139880.png)
Finland-based marine equipment firm Wärtsilä has secured a contract to supply reliquefaction systems for eight LNG carriers."These eight vessels will be owned by various leading global shipping companies. The orders by Hudong Zhonghua Shipyard were booked into Wärtsilä’s order intake in Q1 2023," Wärtsilä said."The selection of Wärtsilä solutions reflects the industry’s focus on efficiency and reduced environmental impact as a means for decarbonizing marine operations.
Wärtsilä Signs Five-year Vessel Maintenance Deal with Abu Dhabi's NPCC
![DLS 4200 is a Pipelay Crane Vessel, part of the NPCC fleet covered by Wärtsilä’s Optimised Maintenance Agreement © National Petroleum Construction Company](https://images.marinelink.com/images/maritime/w200h200c/dls-4200-is-a-pipelay-139419.jpg)
Finland-based marine technology company Wärtsilä has signed a five-year vessel maintenance deal with Abu Dhabi-based firm National Petroleum Construction Company (NPCC).Wärtsilä said that the agreement covered seven vessels in the NPCC fleet and was designed to maximize operational uptime."It will also provide flexibility in maintenance scheduling, which will ease chartering arrangements, while providing long-term cost predictability…
Wärtsilä to Deliver CCS-ready Scrubbers for 8,200 TEU Containerships
![©Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/wrtsil-139308.jpg)
Wärtsilä received its first order for carbon capture and storage-ready scrubber systems - CCS-Ready scrubbers.Wärtsilä said that four 8,200 TEU container vessels, being built at undisclosed Asian-based yard, would be fitted with Wärtsilä’s CCS-Ready 35MW scrubber in an open loop configuration.The scrubbers are termed CCS-Ready because, as part of their installation, Wärtsilä will perform additional…
Bleutec's 'Binary Marine Installation Solution' Earns AIP from ABS
![(File image: Bleutec Industries)](https://images.marinelink.com/images/maritime/w200h200c/file-image-bleutec-industries-139163.jpg)
Houston-based Bleutec Industries announced it has received approval in principle (AIP) from the American Bureau of Shipping (ABS) for the designs of its Jones Act compliant offshore wind farm construction solution.Envisioned as an alternative to wind turbine installation vessels (WTIV), Bleutec's "binary marine installation solution" (BMIS) is a spread of DP2 vessels designed in partnership with Ohio-based naval architecture and marine engineering firm NETSCo, each engineered to be built at U.S.
Wärtsilä, Berge Bulk in Marine Industry’s "First-ever" Shaft Generator Retrofit
![Shaft generator entering Berge Toubkal in Drydock © Wärtsilä Corporation](https://images.marinelink.com/images/maritime/w200h200c/shaft-generator-entering-berge-toubkal-138583.jpg)
Finland's marine technology company Wärtsilä said Tuesday it had retrofitted an inline shaft generator system on the ‘Berge Toubkal’, a cape-size bulk carrier owned by Singapore-based Berge Bulk, in what it said was an industry first."This is the marine industry’s first-ever shaft generator retrofit, and its successful completion will improve the vessel’s Energy Efficiency Existing Ship Index (EEXI) while reducing overall carbon footprint…
Furetank Transforms Former Office into Ship Sim Center
![Image courtesy Furetank](https://images.marinelink.com/images/maritime/w200h200c/image-courtesy-furetank-138554.jpg)
Furetank turned a former office building into a maritime educational center on Donsö outside Gothenburg: a state-of-the-art ship simulator complex for training, assessment and certification. Starting in the summer of 2023 it will be available for the shipping cluster on Donsö as well as external organizations.Furetank has ordered a large range of new-built vessels to be delivered in the coming years, and crewing these ships is a challenge.
Wärtsilä to Supply Systems on Four PIL Containerships
![Kota Capar one of Pacific International Lines container vessels. © Pacific International Line](https://images.marinelink.com/images/maritime/w200h200c/kota-capar-one-of-pacific-138360.jpg)
Wärtsilä will supply the LNG Fuel Gas Supply System, Propulsion Control System and Alarm Monitoring and Control System for four new 8200 TEU LNG dual-fuel container ships being built for Singapore-based Pacific International Lines (PIL) at the Jiangsu New Yangzi Shipbuilding yard in China. The orders were included in Wärtsilä’s order book in Q4 2022.Wärtsilä Fuel Gas Supply System (FGSS) will feed LNG fuel to power both main and auxiliary engines from the vessel’s 7500 cu. m. membrane tank.
Wärtsilä to Equip Pacific International Lines' Newbuilds
![(Photo: Pacific International Lines)](https://images.marinelink.com/images/maritime/w200h200c/photo-pacific-international-lines-138336.jpg)
Technology group Wärtsilä announced it will supply the liquefied natural gas (LNG) fuel gas supply system, propulsion control system and alarm monitoring and control system for four new 8200 TEU LNG dual-fuel containerships being built for Singapore-based Pacific International Lines (PIL) at the Jiangsu New Yangzi Shipbuilding yard in China. The orders were included in Wärtsilä’s order book in the…