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 to Power Four Svitzer Tugboats
Wärtsilä contracted to supply power systems of four modern diesel-electric tugs building for Australian owner Svitzer. The vessels are being built at the ASL shipyard in Singapore and are scheduled to be in operation by early 2014. Each of the four 80 Ton Bollard Pull (TBP) harbour tugs will be fitted with two 9-cylinder and one 8-cylinder in-line Wärtsilä 20 engines. The use of the Wärtsilä 20 engines as diesel-electric generating sets is a new development in the tugs market.
Wärtsilä Hamworthy Strengthens Offshore Waste Treatment Business
Wärtsilä Hamworthy, the global leader in environmental and liquid cargo handling solutions for the marine and oil & gas markets, has won a contract to supply sewage…
Wärtsilä Contracted to Supply PSV Ship Designs, Propulsion Systems
Wärtsilä has been contracted to supply the ship designs for three new platform supply vessels (PSVs). The contracts have been signed with Kleven Maritime AS, the…
Wärtsilä to Supply Main Engines for Kuwait Oil Tanker
Wärtsilä's RT-flex common rail engine technology provides environmental benefits including low fuel consumption and reductions in exhaust emissions. The engine waste…
Wärtsilä Main Engines Ordered for Nine Kuwait Oil Tankships
Wärtsilä to supply main engines for a series of 9 large vessels being built by Daewoo for Kuwait Oil Tanker Co. Four VLCCs (Very Large Crude Oil Carriers), one Aframax tanker and four medium-range tankers are being built at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in South Korea. The VLCCs will be fitted with 7-cylinder Wärtsilä RT-flex 82T engines and a Waste Heat Recovery System…
Wärtsilä Report Steady Development in First Half 2012
The second quarter marked steady progress for Wärtsilä. Our net sales grew by 6% and our profitability was 10.3%. We continue to work towards reaching our growth…
China's First LNG-powered Tugs to Have Wärtsilä Engines
The tugs are being built for CNOOC Energy Technology & Services Limited (CETS), a subsidiary of the state-owned China National Offshore Oil Corp. (CNOOC). The vessels are the first in a planned series to be fuelled by liquefied natural gas (LNG), and will be the first tugs in China ever to be operated on gas, they will also be the first tugs globally to take advantage of the dual-fuel benefits offered by the Wärtsilä DF engine technology.
Wärtsilä Signs Service Agreement with Princess Cruise Lines
The broad scope of services covers technical management and logistics support, spare parts for scheduled engine maintenance, workshop services, an on-board technical advisor during major overhauls, annual training of the engine room crew, continuous condition monitoring of equipment and reporting, and bi-monthly technical visits to each vessel. "This agreement optimises the maintenance schedules for these seven vessels, and provides the customer with technical expertise at a fixed budget price.
Wärtsilä Awarded Pacific Radiance Contract
Wärtsilä is to supply complete and fully integrated power generation and propulsion packages for three vessels being built for Pacific Radiance Ltd., the Singapore…
Thousand Wärtsilä Auxpac 20 Gensets Produced
The 1000th Wärtsilä Auxpac 20 generating set, an 8-cylinder Wärtsilä Auxpac 20 unit, was produced for Jiangsu Rongsheng Heavy Industries, the largest shipyard in China…
Wärtsilä to Power Six New Pipe-laying Vessels
Wärtsilä has been contracted to supply integrated power solutions to six new offshore Pipe Laying Vessels (PLVs) being built for operation in Brazilian waters. The…
Wärtsilä Specifies Maris ECDIS Training Package
Wärtsilä has become the latest major marine company to specify MARIS hardware and software as part of its product specific training. The MARIS ECDIS900 system is…
Wärtsilä Hamworthy Wins Contract
Wärtsilä Hamworthy has won a contract from Fincantieri Cantieri Navali Italiani S.p.A. to supply two Membrane BioReactors (MBRs) to the 141,000gt newbuilding under construction for Carnival group member P&O Cruises. Hamworthy has delivered more than 25 MBR advanced wastewater systems to the world’s largest cruise ship operator, Carnival. The company’s MBR system produces the highest quality discharge…
Wärtsilä Hamworthy Wins Fincantieri Order
Wärtsilä Hamworthy has won a contract from Fincantieri Cantieri Navali Italiani S.p.A. to supply two Membrane BioReactors (MBRs) to the 141,000gt newbuilding under…
Wärtsilä Appoint V-P R&D
Paolo Tonon, MSc (Eng), (42) has been appointed Vice President, R&D of Wärtsilä Industrial Operations. Mr Tonon will be responsible for the Research and Development of Wärtsilä products. Mr Tonon, who joined Wärtsilä in 1998, has successfully held several leading strategic, operational and technology positions. Prior to this current appointment he has, since 2009, been Vice President, Product Centre Automation…
Wärtsilä Supports Sail Training
Wärtsilä has made a 10 year anchor partner agreement with STAF, a non-profit charity organisation founded to organise sail training voyages, especially for the young.
Wärtsilä New Engine Test Successful
This new Wärtsilä engine supports the industry’s need for low-speed, 2-stroke engines for smaller vessels. It offers lower operating costs and improved environmental sustainability. With the addition of this engine, Wärtsilä now has an additional 2-stroke engine that can be fitted to smaller vessel types. The derated engine runs on lower rpm’s and features reduced fuel consumption, thereby enabling lower emission values to be achieved – including smokeless operation…
Wärtsilä Broadens BWT Offerings
Wärtsilä offers wide range of Ballast Water Management Systems and associated services in the market. Wärtsilä has an agreement with Canada-based Trojan Technologies to offer the Marinex ballast water management system (BWMS), alongside the Wartsila Hamworthy AQUARIUSTM range, which was introduced to the market last year. Wärtsilä now offers a wide range of BWMS and associated services in the market.
Wärtsilä Milestone: Supplies to 100th LNG Carrier
Wärtsilä has now been contracted to supply Wärtsilä 50DF dual-fuel propulsion engines to 100 Liquefied Natural Gas (LNG) Carrier vessels. This notable milestone…
Wärtsilä Appoints Compliance Director
Wärtsilä’s focus on compliance is strengthened with a new Compliance Function and Ms Sari Kolu has been appointed Director, Compliance. In this role, she will be responsible for globally developing, managing and reviewing group level policies and practices within Wärtsilä to promote and assure compliance with all applicable laws and the principles of good corporate citizenship. Prior to joining Wärtsilä…
