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Wartsila Receives Three New Orders

Maritime Activity Reports, Inc.

July 13, 2011

Wärtsilä has recently been awarded a series of orders to supply propulsion solutions for dredger vessels to be built in China and the Netherlands. Wärtsilä will provide the engines and fixed pitch propellers (FPP) to Van Oord, the Netherland-based dredging and marine contractor. The equipment installation is for the "Artemis," the second of two large self propelled cutter suction dredgers being built for the company at the IHC Dredgers shipyard in Kinderdijk, the Netherlands. The equipment order for the first vessel, the "Athena," was placed earlier in 2008. Both vessels will be powered by three Wärtsilä 6L46F engines, and will feature Wärtsilä FPPs. The Artemis is due to be in operation by the second quarter 2013. The customer's need was for light and very powerful engines, with quick response and high reliability, a requirement that the Wärtsilä products meet in full. Additionally, Wärtsilä is currently negotiating a Dynamic Maintenance agreement with Van Oord.

Wärtsilä also received two orders from Chinese companies. The Nantong Gangzha Shipping Manufacturing Co., Ltd shipyard has placed an order for two Wärtsilä 16V32 engines, propulsion equipment and systems for a hopper dredger currently under construction. The ship is scheduled to be fully operational by the third quarter 2012. The Tianjin Dredging Company (TDC), part of the state-owned CCCC Group, has placed a propulsion package order with Wärtsilä for two dredgers being built at yards in China. The ships are due to be in operation during the beginning of 2012. TDC is an existing customer of Wärtsilä, having previously ordered Wärtsilä engines for three other jumbo hopper dredgers.

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