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
Sailing into a Climate-Challenged Future
Wärtsilä asks: is shipping able to cope?2018 can be viewed as the year of pivotal climate action when the world started demanding change. The global warming debate intensified when the Intergovernmental Panel on Climate Change (IPCC) reported that surpassing the 1.5 degrees rise in global temperature carries huge risks for humans and nature alike. Global emissions need to be lowered dramatically and the maritime industry has a significant stake in making it happen.
Wärtsilä Debuts HY for Dredgers
Wärtsilä launched the Wärtsilä HY for Dredger, a new product based on Wärtsilä’s HY hybrid propulsion technology, aimed at enhancing the efficiency and sustainability of dredging operations.The product was recently unveiled at a Future Dredger Day event held at the Wärtsilä's Hybrid Center in Trieste, Italy. The Wärtsilä HY for Dredger features a combination of different power sources, including the engines and energy storage systems…
Wärtsilä Sim Software for Dutch Training
Software solutions from Wärtsilä have been selected for installation in three maritime training centers in The Netherlands.The turnkey systems is designed to allow training to commence immediately following the site acceptance. The systems have been ordered by the Rotterdam based STC Group, an international maritime transport and logistics education provider. The order with Wärtsilä was booked in April…
Interview: Sebastiaan Bleuanus, Wärtsilä
The May 2019 edition of Maritime Reporter & Engineering News features a 10-page feature section on "Thought Leadership" in the marine power sector. Here we extract and present the interview with Sebastiaan Bleuanus, GM for research coordination and funding, Wärtsilä.Please put in perspective and discuss the current environment and pressure to reduce emissions in the maritime industry.The last 15 years have seen a shift in legislative focus in two main areas…
Wärtsilä to Power a Dozen COSL PSVs
Wärtsilä announced on Monday it has won a contract to supply 40 generating sets for 12 new liquefied natural gas (LNG) fueled platform supply vessels (PSV), the first such vessels to be built for a Chinese owner. The vessels are being built for China Oilfield Services Co Ltd (COSL) at the Wuchang Shipbuilding Heavy Industry yard and the Liaonan Shipyard in China. “Efficiency and environmental sustainability are key pillars of Wärtsilä’s approach to creating customer value.
Wärtsila: Earns Dual BWMS USCG Approval
Wärtsilä’s Aquarius UV Ballast Water Management System (BWMS) was granted US Coastguard (USCG) Type Approval. With the company’s other BWMS technology, the Wärtsilä Aquarius EC, already Type Approved by USCG, Wärtsilä says it becomes the first manufacturer able to offer two USCG Type Approved BWMS technologies.The Wärtsilä Aquarius UV (Ultra-Violet) technology utilizes proven filtration and UV irradiation, while maintaining a high degree of safety and operability.
Wärtsilä Closes Acquisition of SES
The technology group Wärtsilä strengthens its service offering by acquiring Ships Electronic Services Ltd (“SES”), a UK based company specializing in navigation and communication electronics…
Wärtsilä Solutions Increase Safety in Arctic Waters
The technology group Wärtsilä has been contracted by Sovcomflot, Russia’s largest shipping company, to roll out a Wärtsilä Fleet Operations solution for Sovcomflot’s fleet of Arctic shuttle tankers.The aim is to promote sustainable development, and to increase the safety and efficiency of operations in the sensitive Arctic waters. Wärtsilä will also provide a core solution for the company’s fleet operation center.
Wärtsilä Waterjets for High-Speed Ferry
The Wärtsilä WXJ series of modular waterjets have scored its first installation, onboard a new 100-m wave-piercing catamaran ferry being built for the Government of Trinidad and Tobago at the Incat shipyard in Tasmania, Australia.The WXJ series was officially launched in early March 2019. The series is a further development and upgrading of the Wärtsilä LJX waterjets, with greater efficiency with lower cavitation and underwater noise levels.In addition to the four WXJ waterjets…
Wärtsilä Enables Innovative Simulation Hub
The technology group Wärtsilä is to supply and configure the software solutions for a new, state-of-the-art, purpose built simulation center being constructed near Portsmouth, England. The center is an expansion of the Maritime Skills Academy’s (MSA) training portfolio serving the Solent region, and is designed to meet the specific simulation training requirements of cruise, ferry and superyacht clients. MSA Solent is part of the Viking Maritime Group, headquartered in Dover, England.
Electronic Bus Link Installed on North Sea Giant
An Electronic Bus Link (EBL) has been commissioned on North Sea Shipping's subsea construction vessel North Sea Giant, said manufacturer from Yaskawa Environmental Energy / The Switch.The technology, a key element in a retrofitted Wärtsilä hybrid solution, connects the 18,151 GWT vessel’s DC-Hubs, providing complete redundancy, enhanced efficiency and significant fuel savings. Thanks to the EBL, the advanced DP3-class vessel can now conduct demanding operations using one engine…
MSS Will Tap Data to Save Fuel
Maersk Supply Service (MSS) announced it will equip its vessels to use data to optimize operations and save fuel in real time.The offshore services company said on Friday it signed a contract earlier this month with Eniram, a Wärtsilä company, to install Energy Advisory Systems on two of its vessels, with potential to equip four additional vessels, and eventually its entire fleet, after performance…
Wärtsilä Supplies Transverse Thrusters for Cruise Ships
The technology group Wärtsilä has received orders to supply more than sixty of its transverse thrusters for twelve new cruise ships being built in four shipyards…
Harvey Gulf PSV Receives Hybrid Retrofit
Harvey Energy, the first platform supply vessel (PSV) to be fueled by liquefied natural gas (LNG) will become the first PSV in the Americas to be hybrid retrofitted. The vessel's owner, Louisiana-based Harvey Gulf International Marine, has ordered an energy storage solution from the technology group Wärtsilä to significantly enhance Harvey Energy's efficiency and environmental performance.The installation of a Wärtsilä 1450 kW battery hybrid solution will reduce the ship’s exhaust emissions…
Wärtsilä Launches High Resolution Radar
The technology group Wärtsilä has launched its RS24 high resolution radar, the world’s first commercially available K-band maritime radar. By detecting far smaller objects and at a much higher radar resolution than conventional S or X-band radars, the RS24 enables small vessels and other potential hazards close to large ships to be visible. This promotes safety, especially in congested shipping lanes and busy ports.
Wärtsilä to Equip Knutsen LNG Carrier
Wärtsilä said it will provide an integrated propulsion and cargo handling solution for a new 30,000-cubic-meter liquefied natural gas (LNG) carrier being built at the Hyundai Mipo Dockyard (HMD) in South Korea on behalf of Norway based Knutsen OAS Shipping.Under a 12-year long term charter, the vessel, expected to be delivered during the first half of 2021, will be operated by Knutsen and chartered to Edison S.p.A, an Italian energy services provider.
Wärtsilä Completes Sea Trials for SceneScan System
The technology group Wärtsilä has successfully completed sea trials of its SceneScan system, the world’s first ‘targetless’ dynamic positioning (DP) laser sensor. This state-of-the-art technology requires no reflector target to be deployed, thereby increasing both safety and operational uptime. The technology has been developed by Guidance Marine, a Wärtsilä company.The tests were carried out onboard the Topaz Citadel…
Wärtsilä, Samsung Heavy Industries Partner
Finland based technology group Wärtsilä and South Korean shipbuilder Samsung Heavy Industries (SHI) will set out to develop more efficient solutions for liquefied natural gas (LNG) carriers and shuttle tanker vessels, under a new joint development project (JDP) agreement signed Wednesday at the LNG19 exhibition in Shanghai.According to Wärtsilä, who issued a press release announcing the agreement on Thursday, the JDP will build on shared knowledge and experience between the two companies.
Trident Opens UAE Diving Center
Trident, a subsidiary of Wärtsilä, is strengthening its underwater-related servicing capabilities with the opening of a new diving center facility in Fujairah, United Arab Emirates. This expansion into a major global shipping region will enhance Wärtsilä’s ability to serve its customers with underwater repairs, refurbishments and maintenance. The UAE center became fully operational in February 2019.Wärtsilä…
Can the Cruise Shipping Boom Continue?
As the global cruise industry enjoys it most robust period of growth ever, the question invariably becomes: How long can it last?Cruising, which is a blend of the hospitality and maritime businesses, continues to grow at a historic pace. The Cruise Trends & Industry Outlook publication from Cruise Lines International Association (CLIA) projects a passenger count of 30 million in 2019 – up nearly 2 million from the previous year.
