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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
Solvang Ethylene Carrier to Be Retrofitted with CCS System
![Rendering of Clipper Eos with Wärtsilä's Carbon Capture & Storage (CCS) system installed. (Image: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/rendering-of-clipper-eos-with-126767.png)
Norwegian shipping company Solvang will pilot a retrofitted carbon capture and storage (CCS) system on one of its ethylene carriers in an effort to test the technology as a potential solution to support decarbonization in the shipping industry.Wärtsilä Exhaust Treatment said it is designing the retrofitted unit while it also completes a land-based 1MW test system at its Moss headquarters in Norway.
Wärtsilä to Deliver Navigation Simulator to Singapore
![(Image: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/image-wrtsil-126644.jpg)
Wärtsilä Voyage will deliver the next generation navigational simulator for Singapore’s Center of Excellence in Maritime Safety (CEMS) to prepare seafarers for shore-based remote management of vessels and autonomous ship operations. CEMS is a collaboration between the Singapore Maritime Institute (SMI) and Singapore Polytechnic, supported by the Maritime and Port Authority of Singapore. The next generation…
Maersk to Trial Silverstream Air Lubrication System
![© eyewave / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/eyewave-adobe-stock-126493.jpeg)
The world’s largest container vessel operator A.P. Moller - Maersk will trial an air lubrication system on board one of its vessels to examine possible improvements to overall efficiency, focusing on the reduction of fuel consumption and associated emissions.Technology group Wärtsilä, in cooperation with Silverstream Technologies, will install Silverstream’s proprietary air lubrication system, the Silverstream System…
World's First: Wärtsila, Eidesvik to Equip OSV with Ammonia-fueled Combustion Engine
![Credit: Wartsila](https://images.marinelink.com/images/maritime/w200h200c/credit-wartsila-126476.jpg)
Norwegian offshore vessel owner Eidesvik and Finland-based marine equipment manufacturer Wartsila are going to convert an offshore supply vessel (OSV) to operate with an ammonia-fuelled combustion engine with the required fuel supply and safety system. "This project will be the first of its kind ever in the world and has a provisional completion target by the end of 2023," Wärtsilä said.The offshore…
Wärtsilä Awarded Certification for EU Stage V Compliance
![(Image: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/image-wrtsil-126286.png)
The technology group Wärtsilä has received marine sector commercial certification for compliance with the EU’s Stage V standards. The Stage V legislation, which came into force in 2020, tightens restrictions on non-road engines and equipment, and sets stricter limits on emissions, especially particulate matter (PM) and nitrogen oxide (NOx) emissions. The certification applies to the total solution…
Wärtsilä to Supply Engines for New Brazilian Pusher Tugs
![(Photo: Hidrovias do Brasil)](https://images.marinelink.com/images/maritime/w200h200c/photo-hidrovias-do-brasil-126195.jpg)
Wärtsilä will supply the engines for two new pusher tugs being built for the Brazilian operator Hidrovias do Brasil at the Uzmar Shipyard in Turkey. There is an option for an additional two vessels. The Hidrovias fleet already includes a number of vessels operating with Wärtsilä engines, and their operational dependability and competitive lifecycle cost were cited as key considerations in the award of this latest contract…
Wasaline Inks 10-year Maintenance Deal with Wärtsilä
![Wasaline’s new environmentally-friendly ferry, Aurora Botnia. (Photo: Wasaline)](https://images.marinelink.com/images/maritime/w200h200c/ew-environmentallyfriendly-ferry-aurora-126144.jpg)
The technology group Wärtsilä and Wasaline, the Finnish–Swedish ferry operator, have signed a 10-year Optimized Maintenance agreement covering the company’s new ferry, the Aurora Botnia. The agreement was signed in June 2021, but became effective in September.Built at the RMC shipyard in Finland, the Aurora Botnia ranks among the most environmentally-friendly RoPax ferries in the world. The ship’s…
Wärtsilä and SHI Collaborate on Ammonia Fueled Engines
![© Vladimir / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/vladimir-adobe-stock-126110.jpeg)
Finnish technology group Wärtsilä and Korean shipbuilder Samsung Heavy Industries (SHI) have teamed up to develop ammonia-fueled vessels as the cleaner burning fuel gains traction amid the maritime industry’s drive toward decarbonization.Under the joint development program (JDP) agreement signed between the two firms in July 2021, the partners will aim to develop ammonia-fueled vessels with four-stroke auxiliary engines available for future newbuild projects.Ammonia…
Ship of the Month: Mercy Ships and the Quest to Build Global Mercy
![Global Mercy is diesel electric (4 x Wärtsilä 6L32s, just under 3MW). Designed by DeltaMarin in Finland, the ship uses ABB pods for propulsion for a 12-knot service speed. Photo courtesy Mercy Ships](https://images.marinelink.com/images/maritime/w200h200c/global-mercy-is-diesel-electric-126032.jpg)
Mercy Ships is known globally for its charitable work performing medical procedures in developing countries. For the first time, the organization has a new ship, Global Mercy, recently delivered from a shipyard in China. Jim Paterson, Marine Executive Consultant, Mercy Ships takes Maritime Reporter & Engineering News inside the construction of the world’s largest civilian hospital ship.Jim Paterson…
Svanehøj Buys Wärtsilä Tank Control Systems
![](https://images.marinelink.com/images/maritime/w200h200c/-126007.jpg)
Finland-based marine equipment and technology firm Wärtsilä has sold Wärtsilä Tank Control Systems business to Svanehøj, a Danish gas pump specialist involved in the design and manufacture of specialized deep well pump solutions within the areas of gas pumps, fuel pumps, products and chemicals, and offshore products.Wärtsilä Tank Control Systems designs, builds, sells, and services measurement systems for gas tanks on LNG ships, offshore storage, and land-based LNG terminals.
ABS, HZS, Wärtsilä Working on 'Future-ready' Multi-fuel Electric LNG Carrier
![Credit: ABS](https://images.marinelink.com/images/maritime/w200h200c/credit-abs-125837.jpg)
ABS, Hudong–Zhonghua Shipbuilding (HZS), and Wärtsilä have teamed to develop a flexible, future-ready, and modular concept for a future multi-fuel electric Liquefied Natural Gas Carrier (LNGC) vessel.The project will, partners say, apply various decarbonization technologies and solutions to the vessel design and operation models to investigate its performance against the International Maritime Organization’s…
Karstensens Shipyard Taps Wärtsilä Power for Newbuild FVs
![Gifico’s new fishing vessel, “Ginneton”, will operate with a Wärtsilä 32 main engine and other Wärtsilä solutions. © Karstensens Shipyard](https://images.marinelink.com/images/maritime/w200h200c/gificos-new-fishing-vessel-ginneton-125391.jpg)
Danish shipbuilder Karstensens Shipyard placed main propulsion equipment orders for two new fishing vessels with Wärtsilä. The first vessel is a custom designed 77-m overall length fishing vessel the ‘Christina S’, owned and operated by the Fraserburgh, Scotland based Simpson family’s Christina S Fishing Company in partnership with P&J Johnston. It will be powered by a Wärtsilä 31 main engine, and will also feature other Wärtsilä solutions including an NOx Reducer emissions reduction system…
Wärtsilä Upgrades Its 20DF Dual-fuel Engine
![(Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/photo-wrtsil-125136.jpg)
Wärtsilä introduced an upgraded version of its Wärtsilä 20DF dual-fuel engine that delivers increased power output, has a reduced environmental impact, and will feature a lower fuel consumption. It will also further increase the engine’s fuel flexibility by allowing a much wider gas quality span, down to methane number (MN) 65, while still delivering full output.The engine’s power per cylinder is increased from 185 to 195 kW…
Wärtsilä to Power Two New Australian RoPax Ferries
![(Image: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/image-wrtsil-125105.jpg)
Finnish technology group Wärtsilä said it will supply the engines and fuel gas supply systems for two new Ro-Pax ferries being built at the Rauma Marine Constructions (RMC) yard in Finland for Australian ferry fleet owner and operator TT-Line Company Pty Ltd.TT-Line currently operates two ferries, Spirit of Tasmania I and Spirit of Tasmania II, both of which operate with Wärtsilä engines, on the route between Melbourne, Victoria and Devonport, Tasmania.
Brazilian River Tugs tap Wärtsilä for Maintenance Agreement
![The Hidrovias river pusher tugs operate with Wärtsilä 20 engines often in remote locations, making efficient service support essential. © Hidrovias do Brasil.](https://images.marinelink.com/images/maritime/w200h200c/the-hidrovias-river-pusher-tugs-124839.jpg)
Wärtsilä signed a seven-year optimized maintenance agreement to support the operations of two river pusher tugs owned by Hidrovias do Brasil and operating in Northern Brazil. Both boats operate with Wärtsilä 20 engines, often in shallow waters and remote locations: challenging operating conditions make the planning and execution of maintenance difficult. Included in the agreement are Wärtsilä’s Data…
Wärtsilä Thrusters for Chinese Offshore Wind Vessels
![2000T WITV equipped with Wärtsilä thruster WST32 and WTT21 © MARIC](https://images.marinelink.com/images/maritime/w200h200c/2000t-witv-equipped-with-wrtsil-124616.jpg)
Finland's marine engine and equipment maker Wärtsilä said Friday it would deliver the steerable and tunnel thrusters for two new wind farm turbine installation vessels being built for the China Three Gorges Corporation (CTGC), a China state-owned power company. The ships will serve China’s expanding offshore wind power sector. The orders were placed by CSSC Huangpu Wenchong Shipbuilding Co, the yard building a 2000-ton wind turbine installation vessel (WTIV)…
Wärtsilä Sees Rise in Order Intake. Expects Growth in 3Q
![Credit: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/credit-wrtsil-124523.jpg)
Finland-based marine and energy equipment maker Wärtsilä expects the third quarter of the year to be better than the corresponding one of 2020 but has warned that prevailing market conditions make the outlook uncertain.The company made the statement Tuesday as part of the release of its second-quarter results.In the second quarter of 2021, Wärtsilä's order intake grew by 14% to EUR 1,15 billion up from 1,01 billion a year ago.
Wärtsilä Wins Multi-engine Order for New Italian Ferry
![The new Caronte & Tourist ferry (Image: NAOS)](https://images.marinelink.com/images/maritime/w200h200c/the-new-caronte-tourist-ferry-124352.jpg)
Wärtsilä said it will provide the main and auxiliary engines, as well as the fuel storage and supply system, for a new Italian ferry designed to operate on liquefied natural gas (LNG).The vessel is under construction at the Sefine shipyard in Turkey and has been ordered by Caronte & Tourist Isole Minori, based in Milazzo, Italy.The 109.98-meter-long ferry will be capable of accommodating 800 passengers and up to 115 cars on two vehicle decks.
Crown LNG Awards FEED Deal to Aker Solutions for Offshore LNG Terminal in India
![Credit: Aker Solutions](https://images.marinelink.com/images/maritime/w200h200c/credit-aker-solutions-124100.jpg)
Norwegian group Crown LNG has signed a deal with Aker Solutions as the main contractor to deliver a concrete gravity-based structure (GBS) for Crown’s offshore LNG terminal at Kakinada, India.Under the agreement, Aker Solutions and key subcontractors will first conduct the front-end engineering and design for the LNG terminal. Aker Solutions’ scope includes technical development of the concrete foundation and topsides…
Wärtsilä to Supply Propulsion System for GEV's Hydrogen Vessel
![(Image: Global Energy Ventures)](https://images.marinelink.com/images/maritime/w200h200c/image-global-energy-ventures-123886.png)
The technology group Wärtsilä has signed a Memorandum of Understanding (MOU) with Global Energy Ventures (GEV) of Australia, a company specialized in delivering compressed shipping solutions for transporting energy to regional markets. The two companies will cooperate on the inclusion of Wärtsilä propulsion systems in GEV’s compressed hydrogen (C-H2) ships. The MOU was signed in Sydney, Australia.The…