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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
Wagenborg Converts PSV for W2W Operations
![Keizersborg (Photo: Wagenborg Offshore)](https://images.marinelink.com/images/maritime/w200h200c/keizersborg-photo-wagenborg-offshore-121251.jpg)
Wagenborg Offshore said it has taken its third walk-to-work (W2W) vessel into service. The converted Keizersborg is used as a standby vessel for inspection and maintenance of unmanned platforms in both Dutch and British waters of the southern North Sea.The DP2 Keizersborg was originally designed as a platform supply vessel (PSV) by Wärtsilä and built by Wuhu Shipyard in China. It was converted in 16…
Wärtsilä to Test Marine Scrubbers for Carbon Capture
![Sigurd Jenssen, Director, Exhaust Treatment at Wärtsilä (Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/gurd-jenssen-director-exhaust-treatment-121103.jpg)
Wärtsilä Exhaust Treatment said exhaust gas abatement systems, also known as scrubbers, may soon be used to directly tackle maritime carbon dioxide (CO2) emissions as technology advances enable manufacturers to design and upgrade scrubbers to capture carbon at the point of exhaust.Wärtsilä said it has found carbon capture and storage (CCS) can be developed and scaled for ships, and that the solution…
Van Oord Inks Maintenance Deal with Wärtsilä
![(Photo: Van Oord)](https://images.marinelink.com/images/maritime/w200h200c/photo-van-oord-121005.jpg)
Finnish technology group Wärtsilä said it has expanded its partnership with Dutch marine contractor Van Oord with the signing of a nine-year renewal and extension to its Optimized Maintenance agreement. The new deal also expands on the original by adding Wärtsilä’s Expert Insight and Data Driven Maintenance solutions. It also enables the addition of technologies and maintenance procedures delivering…
Zeaborn to Integrate Wärtsilä Fleet Operations Solution
![(Photo: Zeaborn Ship Management)](https://images.marinelink.com/images/maritime/w200h200c/photo-zeaborn-ship-management-120965.jpg)
Hamburg-based third-party ship manager Zeaborn Ship Management (ZSM) has chosen Wärtsilä Voyage’s Fleet Operations Solution (FOS) as the digital navigation platform for its managed tanker fleet. Each of its 12 vessels will deploy the system, enabling ZSM to benchmark voyage execution, support the safety of the fleet and reduce crew workload.FOS integrates Electronic Chart Display and Information System…
LR Approval in Principle for Exmar Ammonia-fueled Gas Carrier
![(Photo: Exmar)](https://images.marinelink.com/images/maritime/w200h200c/photo-exmar-120973.jpg.jfif)
Classification society Lloyd’s Register (LR) said it has awarded an approval in principle (AIP) to Belgium-based shipping company Exmar for its ammonia (NH3) fueled 40,000-cubic-meter-capacity midsize gas carrier (MGC). China's Jiangnan Shipyard was responsible for the ship design while Wärtsilä Gas Solutions provided all input for the ammonia fuel gas supply system.LR said the Novel Technology Evaluation…
VIDEO: Wärtsilä’s Compact Reliq Aims to Optimize BOG Reliquification
![Wärtsilä’s Compact Reliq. Photo: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/wrtsils-compact-reliq-photo-wrtsil-120672.jpg)
As the maritime industry steams toward decarbonization, the path to zero emissions will include many stepping stones. Wärtsilä’s Compact Reliq is a step change in efficiently reliquefying boil off gas (BOG) on LNG carriers, as Lasse Wichstrøm and Sylvain Fabreguettes discuss with Maritime Reporter TV.LNG carriers have, for years, utilized boil off gas (BOG) to help fuel the ship, even before ‘decarbonization’…
Autonomy is a Journey: Wärtsilä Voyage Helps Define and Drive Maritime’s Automated Future
![Image: Wärtsilä Voyage](https://images.marinelink.com/images/maritime/w200h200c/image-wrtsil-voyage-120573.jpg)
As the maritime industry faces numerous environmental and efficiency challenges, the future is ship automation and Wärtsilä Voyage is a driver. Sean Fernback, President, and Thomas Pedersen, Director, Automation & Dynamic Positioning, Wärtsilä Voyage discuss the path and the pace with Maritime Reporter TV.Sean, to start, it seems many define “autonomy” differently. How do you define Wärtsilä's smart-autonomy approach?Sean Fernback…
Wärtsilä Helps Siem Offshore Cut Emissions, Fuel Consumption
![The Siem Helix 1 is one of two Siem Offshore well intervention vessels covered by a Wärtsilä Optimised Maintenance agreement. © Siem Offshore](https://images.marinelink.com/images/maritime/w200h200c/the-siem-helix-1-is-120218.jpg)
Norwegian offshore vessel operator Siem Offshore has tapped Finnish maritime technology firm Wärtsilä to help it cut emissions and fuel consumption aboard two well intervention vessels.The two vessels, the Siem Helix 1 and Siem Helix 2, each operate with eight Wärtsilä 32 engines. The ships are operating in Brazil’s offshore oil fields.According to Wärtsilä, the 5-year agreement will ensure the optimal…
Wärtsilä Hybrid Package to Help Canadian RoRo Ferry Cut Consumption, Emissions
![The new Kootenay Lake ferry will operate with Wärtsilä’s hybrid propulsion to minimise its environmental impact. © British Columbia Ministry of Transportation and Infrastructure](https://images.marinelink.com/images/maritime/w200h200c/the-new-kootenay-lake-ferry-120144.jpg)
Wärtsilä’s will deliver its hybrid solution for a new RoRo ferry being built for the British Columbia Ministry of Transportation and Infrastructure at the Western Pacific Marine shipyard. When delivered the ferry will serve the Balfour – Kootenay Bay route across Kootenay Lake. “Wärtsilä was selected based on their experience, reputation, and know-how in developing, delivering, and supporting complex hybrid propulsion systems.
Wärtsilä, SAACKE Ink Maritime Equipment Deal
![(Image: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/image-wrtsil-120060.jpg)
Finnish technology group Wärtsilä said it has signed a strategic partnership agreement with SAACKE, the Germany-based supplier of marine firing plants for seagoing vessels, offshore plants and liquefied natural gas (LNG) carriers.A central feature of the agreement is a cooperation regarding safety, in particular with Inert Gas Systems (IGS) and Gas Combustion Units (GCU), Wärtsilä said, adding that the deal will enable both partners to offer larger and more comprehensive scopes of supply…
Wärtsilä’s Hybrid Solution Selected for New Isle of Man Ferry
![Rendering of the new IOMSP ferry Manxman (Image: IOMSP & Houlder)](https://images.marinelink.com/images/maritime/w200h200c/rendering-of-the-new-iomsp-120019.jpg)
Finnish technology group Wärtsilä said it will supply a range of solutions for a new 132-meter RoPax ferry being built at Hyundai Mipo Dockyard in South Korea for the Isle of Man Steam Packet Co (IOMSP). The newbuild will serve the Heysham to Douglas, Isle of Man route. The Wärtsilä scope includes Wärtsilä 31 engines, electrical and automation including Wärtsilä’s Low Loss Concept (LLC), an energy storage system and propulsion machinery including the transverse thrusters.
Wärtsilä to Supply 36 Engines for New Arctic Gas Carriers
![Six new 172,500 cbm LNG carrier vessels will be fitted with Wärtsilä 46DF dual-fuel engines, plus gas valve units and auxiliaries. (Image: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/six-new-172500-cbm-lng-119873.jpg)
Finnish technology group Wärtsilä announced Thursday it has secured a deal to supply dual-fuel engines for six new 172,500-cubic-meter capacity liquefied natural gas (LNG) carriers being built by South Korea's Daewoo Shipbuilding and Marine Engineering (DSME) to serve the Arctic LNG 2 project in Russia’s Arctic waters.The icebreaking gas carriers were ordered by Russia's Sovcomflot and Japan's Mitsui O.S.K.
Wärtsilä, Carnival Ink Waste Treatment Systems Deal
![(Image: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/image-wrtsil-119646.jpg)
Finnish marine equipment manufacturer Wärtsilä said it signed a framework agreement with Carnival Corporation covering the supply and installation of Wärtsilä’s waste water and dry waste treatment systems for up to 32 vessels across many of global cruise ship operator’s brands. Wärtsilä said its Membrane Bioreactor waste water treatment plants for handling of black and grey waste water surpass the…
Wärtsilä's New CEO to Take Over on Feb. 1
![Håkan Agnevall - Credit: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/hkan-agnevall-credit-wrtsil-119579.jpg)
Håkan Agnevall will take over the position of CEO of the Finnish marine equipment maker Wärtsilä on February 1, 2021.Back in September 2020, Wärtsilä first announced that Agnevall, president of Volvo's bus division, would become its new CEO, no later than April 2021.The company said Tuesday that he'd assume his position of President & CEO of Wärtsilä on February 1, 2021.He will succeed Jakko Eskola, who will continue as a senior advisor to the Board and executive team until he retires on June 30
Fuel, Propulsion, Emissions & the Decision to Scrap or Refit
![BW LPG – the world’s leading owner and operator of LPG vessels – will retrofit another three MAN B&W 6G60ME-C9.2 type engines to MAN B&W 6G60ME-C9.5-LGIP dual-fuel types, capable of operating on fuel oil and LPG.
Photo: MAN ES](https://images.marinelink.com/images/maritime/w200h200c/bw-lpg-the-worlds-leading-119515.jpg)
When the maritime history books are written, 2020 will be viewed as a year of pivots, re-invention and new paradigms. By February 2020, concerns about marine fuel’s sulfur content quickly shifted to near-term disruptions induced by the COVID-19 pandemic. By mid-year, with demand recovering, the conversation turned to longer term questions surrounding the moves towards reduced maritime carbon emissions and alternative fuels.
UltraShip to Install Wärtsilä FOS Across Its Fleet
![Wärtsilä Fleet Operations Solution (FOS) by Wärtsilä Voyage is to be employed by Denmark-based UltraShip for its entire fleet of LPG tanker vessels (Photo: UltraShip)](https://images.marinelink.com/images/maritime/w200h200c/wrtsil-fleet-operations-solution-fos-119391.jpg)
Wärtsilä said its Fleet Operations Solution (FOS) will be employed by UltraShip for the Denmark-based shipowner's entire fleet of 18 liquefied petroleum gas (LPG) carrier vessels.The solution by Wärtsilä Voyage is designed to save costs while increasing safety by automatically optimizing the route and speed of the vessel. It also provides the fullest and latest voyage data, keeping both onboard and…
Corvus' Energy Storage Systems for Harvey Gulf's Offshore Vessels
![© Harvey Gulf](https://images.marinelink.com/images/maritime/w200h200c/harvey-gulf-119345.jpg)
Corvus Energy, an energy storage solutions provider for the offshore energy industry, has won a contract with Wärtsilä to deliver its Energy Storage Systems (ESS) for the offshore support vessel fleet operated by U.S.-based Harvey Gulf.According to Corvus, the orders follow the successful sea trial of Harvey Energy, the first-ever LNG-battery hybrid retrofit of a platform supply vessel (PSV) in the Americas.
BW Opts to Outfilt Trio of VLGCs with new LPG Fuel Supply System
![BW Leo © Wärtsilä Corporation](https://images.marinelink.com/images/maritime/w200h200c/bw-leo-wrtsil-corporation-118972.jpg)
Oslo-listed BW LPG, the world’s largest LPG shipping company, ordered Wärtsilä LPG Fuel Supply System (LFSS) for retrofit to three very large gas carrier (VLGC) vessels. BW LPG had previously ordered four Wärtsilä LFSS’ in 2018, and an additional eight systems in February 2020. The initial order was placed following Wärtsilä’s successful full-scale testing of the system in 2018 with a full-sized two-stroke marine engine operating on LPG fuel, which was the world’s first such testing protocol.
Wärtsilä and Grieg to Build World's First Green Ammonia Tanker
![Credit: Wärtsilä](https://images.marinelink.com/images/maritime/w200h200c/credit-wrtsil-118946.jpg)
Finnish maritime technology firm Wärtsilä and Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, are working on a joint project to launch an ammonia-fuelled tanker producing no greenhouse gas emissions by 2024. With Norwegian government support worth 46.3 million NOK (4.4 million EUR), the partnership aims to build what will be the world's first green ammonia fuelled tanker."The…
Ammonia Fuel Cells for Deep-Sea Shipping: A Key Piece of the Zero-emissions Puzzle
![Image: NCE Maritime CleanTech](https://images.marinelink.com/images/maritime/w200h200c/image-nce-maritime-cleantech-118887.jpg)
Interest in ammonia-powered fuel cells for the maritime sector is growing, but stakeholders have been hesitant to commit to investments in large-scale systems. Now the ShipFC project is aiming to secure a place for ammonia in the future of deep-sea shipping.The project will equip the offshore supply vessel Viking Energy, owned and operated by Eidesvik and on contract to energy major Equinor, with a 2-megawatt (MW) ammonia fuel cell…