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 Waterjets for LCS Class
Wärtsilä won the contract to supply the waterjet propulsion system for two US Navy's Littoral Combat Ship (LCS) Independence Class vessels with an option for an…
Wärtsilä Acquires Cedervall
Wärtsilä has acquired Cedervall, a leading manufacturers of shaft seal and bearing systems for the marine industry. Cedervall is headquartered in Gothenburg, Sweden…
Wärtsilä to Power New DSCV
Wärtsilä won the contract to supply an integrated solution for power generation, power distribution, and propulsion for a new Diving Support & Construction Vessel…
Wärtsilä Supplies New Efficient PSV
The ship will be of the new VS 485 Mk III design and it will be one of the most cost and fuel-efficient supply vessels ever to be launched. Wärtsilä, the marine industry's leading solutions provider and system integrator, has been awarded the contract to supply the design and equipment for a new Platform Supply Vessel (PSV) for offshore operations. The order has been placed by Hellesøy Verft AS, the Norwegian shipyard that will build the vessel…
Wärtsilä Supplies Bio-Fuel for Cargo Vessel
Wärtsilä's leading engine technology offers flexibility which enables switching of fuels without any interruption in operation should the need arise. This will be the first installation ever where a European commercial shipping operation is going to permanently use liquid bio-fuel. Wärtsilä, the marine industry's leading solutions provider and systems integrator, has been contracted by the STX Finland shipyard in Turku, Finland, to supply the main engines for a new multi-purpose cargo vessel.
Wärtsilä Opens New Workshop In Gdansk
Wärtsilä's new workshop in Gdansk, Poland strengthens its service offerings to local shipping customers and others visiting Poland. In addition to advanced engine service work, the new workshop will also provide fuel system overhauls and overhauls of bow thruster units. Wärtsilä Corporation opens a new workshop in Gdansk, Poland on 20 May 2011. Located close to Polish shipyards and ports, the workshop…
Wärtsilä Extends Engine Portfolio, 62 & 72 Bore
Wärtsilä, the marine industry's leading ship power system integrator, strengthens its offering in the mid-size, low-speed engine sector by adding new 62- and 72-bore low-speed engines to its portfolio. These standardised engines offer high propulsion efficiency, reliability, and optimised total cost of ownership for customers in the bulker, tanker, and feeder container markets. Both engines employ well-proven Wärtsilä low-speed technology…
Wärtsilä Wins Total Solution Order for LNG Vessel
Wärtsilä, the marine industry's leading solutions provider, has been contracted by Kleven Maritime of Norway to design a new LNG powered Platform Supply Vessel (PSV) of the Norwegian operator Rem Offshore. The scope of the order also includes the propulsion machinery, automation and other equipment for the same vessel. Wärtsilä is the clear market leader in supplying design and propulsion solutions for LNG powered PSVs, a position that is further strengthened with this order.
Wärtsilä to Supply Ship Design and Full Diesel Electric Propulsion System
Wärtsilä is able to offer its marine customers everything, from vessel design to the machinery and automation systems. This single-source supply capability leads to reduced building time, lower costs, and minimized project risks. This latest order also represents the first installation of the Wärtsilä 32 engine with increased power output. Wärtsilä, the marine industry's leading solutions provider…
Wärtsilä To Deliver New Ship Design for Bumi Armada
Wärtsilä, the marine industry's leading solutions provider, has signed a contract with Nam Cheong Dockyard of Miri, Malaysia, which will build a Wärtsilä Ship Design (WSD) multi-purpose platform supply vessel (MPSV). This WSD 800 MPSV is the first in a new series of Wärtsilä designs being marketed as a total solution, including all relevant systems as well as the ship design. The total solution concept of the WSD 800 MPSV design includes four gensets.
Wärtsilä To Supply for Massive SemiSub Heavy Lift Vessel
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
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
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
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
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
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
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
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…
