Wärtsilä CEO Addresses Challenges, Opportunities
Björn Rosengren was appointed President and CEO at Wärtsilä Corporation, as from September 1 this year. In a recent interview he told Maritime Reporter his views on the current business environment, the markets and about tasks ahead. Henrik Segercrantz reports. Wärtsilä, a leading global provider of power solutions for ships and power plants, is a global market leader in some of its segments. On the maritime side, the group has over the years expanded from its core products, that of producing medium- and low-speed engines…
Wärtsilä and Nuclep Sign License Agreement
Wärtsilä entered into license agreement with Brazilian company Nuclebras Equipamentos Pesados SA. The agreement grants Nuclep the right to manufacture certain types of Wärtsilä's most modern electronically controlled common rail two-stroke marine diesel engines between 50 and 68 cm bore size at their premises in Itaguai with a targeted annual output of six to ten engines. The first delivery of a Wärtsilä engine is scheduled for beginning of 2008. The Brazilian Government is investing in the rehabilitation of the national ship building industry and is discussing with Brazilian shipyards about the possibility of constructing vessels for international customers.
