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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 Launches More Powerful 34DF Engine
![Photo: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsil-15395.jpg)
Wärtsilä has further developed its dual fuel technology and introduced a more powerful version of its popular Wärtsilä 34DF engine. The Wärtsilä 34DF engine has proven to be a highly efficient and reliable solution for a wide range of vessel applications. The latest version is expected to expand that range even further. Lower fuel consumption of this engine will further improve its environmental performance.
Wärtsilä Beefs Up Dual-Fuel Engine
![Dual-fuel diesel engine 34 DF: Image credit Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/dualfuel-diesel-engine-34-df-15366.jpg)
The latest version of Wärtsilä's 34 DF (Dual Fuel) marine diesel engine offers a power increase up to 500kw per cylinder. The Wärtsilä 34DF engine has proven to be a highly efficient and reliable solution for a wide range of vessel applications. The latest version is expected to expand that range even further. Lower fuel consumption of this engine will further improve its environmental performance.
Wärtsilä to Supply Direct Electric Heating for Chevron African Offshore Oilfield
![Wärtsilä Direct Electric Heating](https://images.marinelink.com/images/maritime/w200h200c/wrtsil-direct-electric-heating-15026.jpg)
Wärtsilä was contracted to supply its Direct Electric Heating (Wärtsilä DEH) system for Chevron Overseas Congo Limited's Lianzi offshore development project, located off the Republic of Congo and Angolan coasts. The 9,000-kW system will be used to heat the 43-km subsea production pipeline between the Lianzi field and the Benguela Belize Lobito Tomboco (BBLT) platform. The Lianzi field lies approximately 100 km off the coast of the Republic of Congo, and the BBLT platform is located in Angola.
Wärtsilä BWTS Receives IMO Final Approval
![Photo: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsil-14794.jpg)
Wärtsilä has received the Final Approval status from the International Maritime Organization's (IMO) Marine Environment Protection Committee (MEPC) for its Wärtsilä Aquarius EC Ballast Water Management System. The approval was granted at the MEPC's 65th session held at the IMO headquarters in London on May 13, 2013. The Basic Approval had been granted in October 2012. The approval submission was taken…
Wärtsilä Order Intake Up, Net Sales Down
Wärtsilä Corporation releases its January to March 2013 interim financial report. "The beginning of 2013 developed according to our expectations. Order intake grew by 22%…
China Shipyard Contracts For Wärtsilä DP3 Rig Package
Wärtsilä to provide integrated power, propulsion and positioning system for DP3 offshore accommodation rig for Singapore's Axis Offshore. The contract with Cosco…
Wärtsilä to Supply FSU, Shuttle Tanker, Inert Gas Systems
![Inert Gas System Units: Photo credit Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/inert-gas-system-units-photo-13959.jpg)
Wärtsilä is to supply inert gas systems for a Floating Storage Unit (FSU) on Norway's Heidrun offshore oil & gas field, and for two supporting shuttle tankers. The FSU is owned by Statoil, the Norwegian state owned energy company, and the tankers by AET Tanker Holdings, the Singapore based petroleum transportation company. All three vessels are being built by Samsung Heavy Industries (SHI) in South Korea. The Wärtsilä contract with SHI was signed in February 2013.
Wärtsilä Win Evergas LNG Carriers Contract
![Integrated Design Schematic: Image credit Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/integrated-design-schematic-image-credit-13903.jpg)
Wärtsilä to supply cargo handling package, dual-fuel engines & propulsion for Denmark's Evergas to be built at Sinopacific Offshore & Engineering in China. In addition to LNG, the ships will be able to carry and reliquefy Ethane and LPGs with the cargo handling package supplied by Wärtsilä. The vessels will operate primarily on liquefied natural gas (LNG) using Wärtsilä dual-fuel engine technology.
Wärtsilä 34DF Recieves U.S. EPA Certificate
![Photo: Wärtsila](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsila-13889.jpg)
Wärtsila obtained certification of emission standard compliance from the United States Environmental Protection Agency (EPA) for its Wärtsilä 34DF dual-fuel engines. It will enable Wärtsilä to strongly enter the American market with marine engine technology that offers operators and owners the option of using either diesel or gas as fuel. The certification was obtained on January 17, 2013. "The Wärtsilä 34DF is the first dual-fuel engine fulfilling the EPA requirements…
Wärtsilä to Design & Power New OSV's
![WSD 1000 MPSV's: Image credit Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/wsd-1000-mpsvs-image-credit-13773.jpg)
Wärtsilä awarded a major contract to design a series of four multi-purpose platform support vessels (MPSVs) for Malaysian owner. The contract has been placed by Bumi Armada Berhad, a Malaysian-based international offshore oilfield services provider and also the largest owner and operator of offshore support vessels in Malaysia. Wärtsilä will also supply a comprehensive solutions package for each of the vessels.
Wärtsilä Launches GasReformer
![GasReformer: Image credit Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/gasreformer-image-credit-wrtsil-13296.jpg)
Wärtsilä's unique GasReformer uses steam reforming technology to convert associated gas to a quality that can be used as gas-engine fuel. The Wärtsilä GasReformer enables gases produced during oil production, which by nature are rich in heavy hydrocarbons, to be converted into a methane rich product for utilization in Wärtsilä dual-fuel engines operating at full performance levels. Traditionally such gases would be flared and wasted.
Wärtsilä Opens New University R&D Facility
The new Wärtsilä Innovation Node is situated at the heart of the Aalto University campus in Espoo, Finland. Wärtsilä' recently opened Innovation Node brings business experts…
Wärtsilä to Set Up New Manufacturing Plant
![](https://images.marinelink.com/images/maritime/w200h200c/-13272.jpg)
Wärtsilä will set up a new fully-owned manufacturing facility in Brazil to meet the increasing market demand, particularly in the offshore market. Wärtsilä's investment in the new facilities is approximately EUR 20 million. The manufacturing premises will be based on a multi-product factory concept for the assembly and testing of Wärtsilä generating sets and propulsion products. In the initial phase…
Wärtsilä Signs Five Year LNG Agreement
![Viking Grace](https://images.marinelink.com/images/maritime/w200h200c/viking-grace-13225.jpg)
Wärtsilä signed a five year maintenance agreement with Finnish ship owner, Viking Line. The agreement, which became effective from March 1, is for maintaining and servicing the recently launched 'Viking Grace', the largest passenger ferry ever to operate on liquefied natural gas (LNG) fuel. The agreement covers the four Wärtsilä 50DF dual-fuel main engines, as well as the Wärtsilä LNGPac gas system's safety valves.
Wärtsilä to Supply Pumping Equipment for Statoil
Wärtsilä's series of pumping systems for Statoil. Wärtsilä's ability to supply a complete portfolio of solutions for the marine and offshore industry is again demonstrated…
Wärtsilä Gains €25-million on Sato Sale
Wärtsilä Corporation has sold all of its 1.987.940 shares in housing investment company Sato Oyj. Wärtsilä will record a capital gain of approximately EUR 25 million on this sale.
Wärtsilä Opens Services Workshop in Rio de Janeiro
![Photo: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsil-12877.jpg)
Wärtsilä, a global leader in complete lifecycle power solutions and services, opens a new services workshop in Niterói, Rio de Janeiro, Brazil on Wednesday February 27 th 2013. The new facilities will strengthen Wärtsilä's presence in Brazil and enable Wärtsilä to support its customers by offering a wide range of workshop services with rapid response times. The new workshop will replace the company's current premises in São Cristóvão…
Wärtsilä Publish New Global Supplier Handbook
![Supplier's Handbook: Image credit Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/suppliers-handbook-image-credit-wrtsil-12861.jpg)
The new handbook explains the standards required of all existing and potential suppliers. This is the first time that all of Wärtsilä’s requirements and standards have been gathered into a single, easy-to-read overview. The handbook is also testimony to the many years of dedicated work performed at Wärtsilä to achieve a sustainable, world class supply chain. We strive for world-class performance in quality and on-time delivery.
Wärtsilä Earns Repeat Order from Messina
![Photo: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsil-12843.jpg)
Wärtsilä has been contracted by the Korean yard STX Offshore & Shipbuilding, to supply exhaust gas cleaning systems for four new Container Ro/Ro (ConRo) vessels being built for Ignazio Messina & Co, the Italy based ship owner and operator. This latest order will enable the new vessels to comply with both current and pending environmental legislation relating to exhaust emissions. For ships sailing in European waters…
Wärtsilä Secures Finance for R&D Work
Wärtsilä and Nordic Investment Bank sign a EUR 50-million loan agreement to support Wärtsilä's R&D activities. The contract for this 10-year loan was signed in Helsinki, Finland on 13 February 2013.