![](https://images.marinelink.com/images/storage/w300h150/1200px-wrtsillogo.svg.png)
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 Supply for Massive SemiSub Heavy Lift Vessel
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Wärtsilä has been awarded the contract to supply a total propulsion package for a new semi-submersible heavy lift vessel. With an overall length of 270 m, this ship is the largest of its type ever to be built. The scope of supply for the contract specifies two Wärtsilä 6L38 engines and two Wärtsilä 12V38 engines for the ship's main propulsion, and one Wärtsilä 6L20 auxiliary engine. Wärtsilä will also supply the reduction gear system…
Wärtsilä Signs Support Agreement with Royal Caribbean
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Wärtsilä has signed a five year maintenance support agreement with Royal Caribbean Cruises Ltd. It is a joint co-operation between Wärtsilä and Royal Caribbean Cruises Ltd. and its operating companies Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises. The maintenance support agreement contains a wide range of services, including maintenance planning, spare parts logistics optimization…
New IMC Ferry Designs by Wärtsilä and Deltamarin
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In October 2010, Wärtsilä and Deltamarin announced that the two companies were co-operating to develop a series of innovative ferry designs. The Integrated Modular Customized, IMC designs are now ready for introduction to the ferry market. Deltamarin, the foremost design company in the cruise and ferry market and Wärtsilä, the marine industry's leading solutions provider, have developed a series of new IMC ferry designs which will undergo extensive model testing.
Wärtsilä to Support Crisis Management Initiative as Lead Partner
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Wärtsilä, a leading provider of power solutions to marine and energy markets, has entered into co-operation with Crisis Management Initiative, an independent Finnish non-profit organisation, which works to resolve conflicts and to build sustainable peace. As lead partner, Wärtsilä supports the activities of CMI and creates partnership programmes with CMI in selected areas across the globe. CMI Chairman…
Wärtsilä And Aker Solutions To Jointly Develop Turbine Installation Vessel
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Wärtsilä, the marine industry's leading solutions provider, and Aker Solutions, the international oil and gas services company, have agreed to combine their fields of expertise to develop a new and environmentally sound concept for offshore wind farm installation vessels. According to the contract, which was signed earlier this year, Wärtsilä will provide the new installation vessels with the ship design…
Wärtsilä LNGPac, Compact Silencer for Viking Line
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Wärtsilä was awarded a contract by shipbuilding company STX Finland Oy to supply additional equipment for the world's biggest LNG fuelled passenger ferry. The ship is to be built for Viking Line, a Finnish owner, and the extension contract covers onboard LNG (liquefied natural gas) storage and supply systems (LNGPac) and an advanced Compact Silencer System (CSS). Earlier in 2011, Wärtsilä had received an order to deliver four gas-fuelled main engines and propulsion machinery for the same vessel…
Wärtsilä LNGPac and Compact Silencer System added to scope of supply for new Viking Line ferry
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This extension to the delivery contract awarded to Wärtsilä further contributes to the vessel being the industry’s most environmentally sound and energy efficient large passenger vessel to date. Wärtsilä, the marine industry’s leading solutions provider, has been awarded a contract by shipbuilding company STX Finland Oy to supply additional equipment for the world’s biggest LNG fuelled passenger ferry.
Upgraded Wärtsilä RT-flex68-D Successfully Tested For IMO Tier II Compliance
The first upgraded Wärtsilä RT-flex68-D engine equipped with a Variable Turbine Geometry (VTG) turbocharger was successfully tested at Doosan Engine Co Ltd in South Korea.
Wärtsilä Receives Order For Gas Engines and Equipment to Viking Line's New Environmentally Sound Passenger Ferry
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Wärtsilä, the marine industry's leading solutions provider, has been awarded a contract by shipbuilding company STX Finland Oy to supply the propulsion machinery for a new passenger ferry to be built for Viking Line, a Finnish ship owner. The vessel will be the largest passenger ferry to operate on liquefied natural gas (LNG), making it the most environmentally sound and energy efficient large passenger vessel in the industry to date.
Wärtsilä Further Develops Low-Speed Gas Engines
Wärtsilä has, in the autumn of 2010, initiated a major project to further develop its low-speed engine portfolio to include gas engines, alongside its medium-speed dual fuel engines…
Wärtsilä Appoints Rosengren President and CEO
![Photo courtesy Wärtsilä Corporation](https://images.marinelink.com/images/maritime/w200h200c/photo-courtesy-wrtsil-corporation-4545.jpg)
Wärtsilä's Board of Directors has appointed Mr Björn Rosengren M.Sc. (Tech.), born 1959, as the new President and CEO of Wärtsilä Corporation. He will assume the position on 1 September 2011, succeeding Mr Ole Johansson, who will retire. Currently Mr Rosengren works as Senior Executive Vice President Atlas Copco AB and as Business Area President for Atlas Copco Construction and Mining Technique, and is based in Shanghai, China.
Wärtsilä Scrubber for Containerships Ltd
![The 13.965 dwt container vessel M/S Containerships VII will be equipped with Wärtsilä's scrubber (Photo courtesy Wärtsilä Corporation)](https://images.marinelink.com/images/maritime/w200h200c/the-13965-dwt-container-vessel-4474.jpg)
Wärtsilä has signed a turnkey contract with Containerships Ltd Oy. The agreement covers the retrofitting of a Wärtsilä fresh water scrubber for the vessel Containerships VII, which is equipped with a Wärtsilä W7L64 main engine. This is Wärtsilä's first commercial marine scrubber project for a main engine. The scrubber will be delivered to the customer in August 2011. The conversion will enable the vessel to meet future sulphur oxides (SOx) emission requirements in Sulphur Emission Control Areas.
Wärtsilä Debuts More Powerful Wärtsilä 32
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Wärtsilä introduced a more powerful version for marine applications of its Wärtsilä 32 engine. The engine was first introduced in the 1980s, and to date more than 4000 units have been sold to the marine industry alone. The Wärtsilä 32 engine is a choice for both the marine and land-based power plants markets. In the marine industry the engine is used for both main engine and auxiliary engine applications.
Wärtsilä New LNG Powered PSV Order
![The new Platform Supply Vessels (PSVs) for Eidesvik Offshore will include an integrated Wärtsilä gas power solution featuring the recently launched Wärtsilä 20DF engine. Photo courtesy Wärtsilä Corporation](https://images.marinelink.com/images/maritime/w200h200c/the-new-platform-supply-vessels-4403.jpg)
Wärtsilä has received an order for Liquefied Natural Gas (LNG) Platform Supply Vessels (PSVs). Norwegian operator Eidesvik Offshore has placed an order for its fifth gas PSV. All Eidesvik's gas PSVs, including this latest order, are designed by Wärtsilä and utilize Wärtsilä's unique dual-fuel technology. In addition to the complete design of the vessel, Wärtsilä's scope of supply for the new PSV includes the dual-fuel main engines and generating sets…
Wärtsilä Joins Sustainable Shipping Initiative
Wärtsilä has joined the Sustainable Shipping Initiative (SSI), a program initiated by Forum for the Future. The initiative brings together the industry's leading…
Wärtsilä to Power Advanced UK Research Vessel
![Wärtsilä will supply the propulsion solution for the UK's new research vessel to be operated by the NERC. Photo by Skipsteknisk AS, courtesy Wärtsilä Corporation](https://images.marinelink.com/images/maritime/w200h200c/wrtsil-will-supply-the-propulsion-4384.jpg)
Wärtsilä has been awarded the contract to supply the propulsion equipment for a new, state-of-the-art, research vessel. The vessel will be operated by the UK's Natural Environment Research Council (NERC), and is to be built at the C.N.P. Freire S.A. shipyard in Spain. The NERC is the UK's main agency for funding and managing world-class research, training and knowledge exchange in the environmental sciences.
Wärtsilä Dual-Fuel Technology for River Towboats
The Mississippi River and other inland rivers of the United States are home to several thousand towboats. They are vital carriers of goods and materials, and an…
Wärtsilä Corp. Interim Report
Ole Johansson, President and CEO said, "The third quarter was strong for Wärtsilä at all levels, as net sales developed according to plan, profitability was strong…
Wärtsilä and Ecospec Co-operate on Clean Power Solutions
![The integration of the Ecospec CSNOx technology into Wärtsilä's product development is expected to speed the implementation of clean power solutions. Photo courtesy Wärtsilä Corporation](https://images.marinelink.com/images/maritime/w200h200c/the-integration-of-the-ecospec-4138.jpg)
Wärtsilä and Ecospec Global Technology, owner of the CSNOx emissions abatement technology, recently signed a Memorandum of Understanding (MOU) to work together towards the common goal of improving the environment by providing the world with clean power solutions. By combining the joint expertise of Wärtsilä and Ecospec, the carbon footprint of both marine and onshore heavy industries can be significantly reduced through the development of clean power solutions.
Wärtsilä to Manufacture Propellers at Zhenjiang CME, China
Wärtsilä has signed an agreement with Zhenjiang CME Ltd, a subsidiary of China State Shipbuilding Corporation (CSSC), to begin the manufacture of controllable pitch…