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 Optimize Ops for Two Alpha Gas Carriers
Technology group Wärtsilä has signed a five-year lifecycle agreement with Greek liquefied natural gas (LNG) management company Alpha Gas for two of its LNG carriers.The agreement covers two LNG carriers which each have four Wärtsilä 34DF engines and is aimed at giving Alpha Gas increased operational insight, availability, and better maintenance cost predictability.The agreement with Wärtsilä will help…
Wärtsilä to Supply Cargo and Fuel Equipment for Cosco Shipping’s Four VLGCs
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling and fuel supply systems for four new Very Large Gas Carriers (VLGCs) being built in COSCO Shipping (Qidong) Offshore for their owner group.The complete Wärtsilä Gas Solutions’ scope covers the engineering, material, as well as the supervision, commissioning and gas trials for the systems.Included in the materials scope are the machinery, instrumentation, electric and control system.
Maritime Propulsion: Expanding Options for Waterjets
It’s no surprise that waterjets are great for shallow-draft, highly maneuverable craft, but vessel designers are busting out of the old stereotypes.Vessel designer Aircat Vessels has developed a surface effect ship (SES) crew transport catamaran, AIRCAT 35 Crewliner, that can sail at over 50 knots and manage offshore transfers in 2.5-meter seas. The air cushion system from ESNA dynamically adjusts to sea conditions so the vessel can reduce transit times…
Vertom’s Four New Cargo Ships to Sport Wärtsilä Hybrid Propulsion Solution
Technology group Wärtsilä has secured a contract to supply an integrated hybrid propulsion solution for four new 10,700 DWT geared tween decker vessels being built for Dutch ship owner and maritime service provider Vertom Group.Combining the Wärtsilä 25 medium-speed four-stroke engine with a hybrid propulsion drive train with PTO/PTI/PTH, the package is designed to optimize vessel propulsion efficiency…
Wärtsilä to Supply Regasification Module for Egypt-Bound FSRU
Wärtsilä Gas Solutions, part of technology group Wärtsilä, has been contracted to supply a regasification module for Höegh Evi, which will be installed onboard the LNG carrier Hoegh Gandria to convert the vessel to a high-capacity floating storage and regasification unit (FSRU).When converted, the Hoegh Gandria will be deployed in the port of Sumed, Egypt.It will supply the Egyptian Natural Gas Holding Company with up to 1…
Wärtsilä to Set Up New Logistics Center for US Customers
Technology group Wärtsilä has announced an expansion of its U.S. and North American footprint with the establishment of the Houston Logistics Center (HLC), located at the company’s North American headquarters in Texas.Set to become operational in summer 2025, the HLC is designed to support Wärtsilä’s customer base and growing fleet of operating engine power plants across the United States.The facility…
First Battery-Electric Ferries in U.S. Selects its Propulsion Package
Wärtsilä will supply the electric propulsion system for three fully battery-electric, high-speed ferries that will operate in the San Francisco Bay area, the first full-electric high-speed ferries to operate and be built in the USA. The order with Wärtsilä has been placed by the shipyard All American Marine (AAM), on behalf of San Francisco Bay Ferry, California’s largest public ferry operator. The…
Wärtsilä's 4-Stroke Ammonia Engine Put to the Test
Wärtsilä’s 4-stroke engine-based solution for ammonia fuel now delivers higher than ever levels of efficiency and performance.Following its introduction to the commercial marine sector in November 2023, the ammonia solution has undergone extensive testing to optimize its performance parameters. The latest results, assessed against the FuelEU Maritime reference and measured on both a Well-to-Wake and Tank-to-Wake basis…
Wärtsilä Introduces CCS Solution for Maritime Industry
Technology group Wärtsilä has made its carbon capture solution (CCS) commercially available to the global maritime industry, aimed at accelerating the decarbonization of shipping.According to Wärtsilä’s tests, the new ‘Wärtsilä Carbon capture solution’ is proven to reduce vessel CO2 emissions by up to 70%, providing ship owners with an immediate solution to meet increasingly stringent environmental…
Wärtsilä Expands Introduces NextDF Technology for Third Engine
Technology group Wärtsilä has introduced its NextDF technology for a third engine, the Wärtsilä 46TS-DF dual-fuel engine. While operating on liquefied natural gas (LNG), the Wärtsilä 46TS-DF engine with NextDF feature reduces methane emissions to less than 1.4 percent of fuel use across all load points, achieving as low as 1.1 percent in a wide load range. This is nearly three times lower than the default methane slip factor of 3.1 percent…
Wärtsilä, Höegh Evi Complete Development of World’s First Floating Ammonia-to-Hydrogen Cracker
Wärtsilä Gas Solutions and Höegh Evi have successfully completed development of the world’s first floating ammonia-to-hydrogen cracker. This technology enables floating import terminals to produce hydrogen at industrial-scale volumes from transported ammonia, marking a step in the energy transition. The project was announced in April 2023 and is part of Norway’s green platform program.The industrial…
In Maritime Propulsion, there is no 'one-size-fits-all' DPS for Vessels
If the dynamic positioning (DP) system went down on an offshore supply vessel, it could result in a collision. On a dive support vessel, it could result in injury or death for a diver. On a drilling rig, it could result in a blowout with loss of life, pollution and fire.Built-in redundancy is key to avoiding failures, and this in turn determines the thruster, electrical and engine configurations that are designed to enable DP systems.“There is no single…
Spark Gas Conversion Reduces Methane Slip on LNG Carriers
Wärtsilä has introduced a new methane slip reduction solution for its Wärtsilä 50DF dual-fuel engine. The new technology, which converts Wärtsilä 50DF dual-fuel (DF) engines to spark gas operation, enables a more optimized combustion process, thereby improving efficiency and lowering methane emissions.Whilst operating on LNG, the conversion is designed to reduce methane emissions up to 75% more than…
Wärtsilä’s Engines to Power South American Vessels
Technology group Wärtsilä has been selected to supply replacement engines for two inland waterway tug pusher vessels operating in Paraguayan rivers.The vessels are owned by ADM Naviera Chaco (ADM). The vessel modifications and new engine installations will be carried out in Asuncion-Paraguay.The new engines will enable a reduction of the environmental impact and increase the efficiency of the tug pushers.ADM’s stated target is to reduce emissions by 25% by 2035…
Wärtsilä Inks Lifecycle Agreement with Middle East’s Largest Dredger Fleet Operator
Technology group Wärtsilä has signed a five-year lifecycle agreement with NMDC Group, one of the largest dredging and marine contractors in the Middle East.The agreement will focus on optimizing the availability and operational efficiency of NMDC’s dredging fleet.It covers seven of NMDC’s dredgers, with the potential to expand the scope to additional vessels in the future.The scope includes a tailor-made maintenance program for the engine and propulsion equipment onboard the vessels…
Wärtsilä, Elomatic Ink Transverse Thruster Pact
Wärtsilä and Elomatic signed a licensing and cooperation agreement covering the intellectual property rights, technology, and use of trademark of Elomatic’s Elogrid thruster solution.Elogrid is a transverse thruster grid technology, which is designed to reduce vessels’ fuel consumption while also enhancing thrusters’ performance.This technology improves both the water flow along the hull lines once a vessel is sailing as well as the water flow into the tunnel when the thrusters are in use…
Wärtsilä makes Dow Jones Sustainability Index Again
Technology group Wärtsilä has been included as an index component of the Dow Jones Sustainability Index Europe (DJSI) for the ninth consecutive time.The company was assessed based on its 2023 performance and was ranked within the top four per cent of its peers in the IEQ Machinery and Electrical Equipment sector with a total score of 62/100. The results were announced on 13 December 2024.“Receiving…
Wärtsilä to power world’s largest methanol-ready cement carrier
Technology group Wärtsilä’s focus on supporting the marine industry’s efforts to decarbonize operations continues to drive concrete steps forward.The latest order is to supply a complete propulsion package for a 38,000 DWT methanol-ready cement carrier vessel. When built, this will be the world’s largest vessel of its type, and the first with a methanol-ready notation. The order has been placed by NovaAlgoma…
Wärtsilä Hooks Cargo Handling Supply Deal for Bangladeshi LPG Carrier
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the complete cargo handling system for a new fully pressurized LPG Carrier being built for Meghna Fresh LPG, part of the Bangladeshi Meghna Group of Industries.The group is one of the Bangladesh’s largest industrial conglomerates, and in addition to being the owner of the new ship, it also owns the shipyard where the vessel is constructed…
When it Comes to Workboat Engines, the Future is Flexible
Vessel owners are making new fuel choices, but increasingly, they have options to help reduce the risk of doing so.The latest engine developments aim to make it easier for owners to avoid the chicken-and-egg fuel price and availability risks of new fuels.As Roger Holm, President of Wärtsilä Marine and Executive Vice President at Wärtsilä Corporation recently pointed out, the challenge is that owners won’t commit to a fuel today that is expensive…
