Wärtsilä Oyj

Type: Company
Name: Wärtsilä Oyj (Wartsila Oyj)
Nationality: Finland
Web Address: http://www.wartsila.com/en/
Fact Sheet: Fact Sheet for Wartsila Oyj
First reported 9 hours ago - Updated 9 hours ago - 1 reports

Wärtsilä responds to market trends

Shiprepair & Conversion Technology - 3rd quarter 2014Wärtsilä believes that ship operators are increasingly focusing on life cycle costs when they assess the efficiency and maintenance costs of their fleet.The company’s shipping company clients are looking ... [Published RINA - 9 hours ago]
First reported 22 hours ago - Updated 22 hours ago - 1 reports

Rolls-Royce sees marine profits decline

Rolls-Royce: Unmanned ships moving closer Rolls-Royce wanted to buy Wärtsilä Svitzer, Rolls-Royce, and Teekay in LNG collaboration ... [Published ShippingWatch - 22 hours ago]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Opting in to dynamic design

The Naval Architect - July/Aug 2014Instant fuel savings do not ordinarily just present themselves to shipowners, but propellers are one area of vessel design that has, perhaps surprisingly, been taken for granted in the past, but is now becoming an area ... [Published RINA - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Wärtsilä, CSSC set up joint venture in China

Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture for manufacturing medium- and large-bore medium-speed diesel and dual-fuel engines. The CSSC Wärtsilä Engine (Shanghai) factory will be located ... [Published Valve World - Jul 30 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Superyacht Samar in Marseille

By Maarten Janssen, photo by Thomas de Campou​​ ​​ Built by Devonport Yachts, Samar has been designed by H2 Yacht Design, Nick Meyers and Laurent Giles Naval Architects. Samar , seen here in Marseille on monday, is powered by triple Wärtsilä diesel-electric ... [Published Superyacht Times - Jul 29 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Wärtsilä ditches Qingdao jv

Dalian: Finnish engine firm Wärtsilä will divest its shares in the Qingdao Qiyao Wärtsilä MHI Linshan Marine Diesel Co Ltd (QMD), the joint venture company established for manufacturing large low-speed marine diesel engines. Wärtsilä’s shares in the joint ... [Published Sino Ship News - Jul 25 2014]
First reported Jul 20 2014 - Updated Jul 21 2014 - 5 reports

Wärtsilä and China State Shipbuilding to establish JV for engine business

Wärtsilä has entered into an agreement with China State Shipbuilding (CSSC) to establish a joint venture (JV), which will acquire Wärtsilä's two-stroke engine business.CSSC's subsidiary CSSC Investment and Development will own a 70% stake in the JV, while ... [Published Ship Technology - Jul 21 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 6 reports

Wärtsilä establishes joint venture with China State Shipbuilding Corp- expands range of engines manufactured in China

Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture for manufacturing medium and large bore medium speed diesel and dual-fuel engines. The CSSC Wärtsilä Engine (Shanghai) Co. Ltd factory will ... [Published Bunker Ports News Worldwide - Jul 18 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 10 reports

Wartsila Oyj Abp establishes 2-stroke engine joint venture with China State Shipbuilding Corporation

Wartsila Oyj Abp:Wartsila and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture, which will take over Wartsila's 2-stroke engine business.Through the agreement, CSSC will own 70 pct of the business through ... [Published Reuters - Jul 18 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 5 reports

Wartsila Oyj Abp revises FY 2014 outlook

Wartsila Oyj Abp:Revises FY 2014 outlook.Wartsila estimates its profitability for FY 2014 (EBIT pct before non-recurring items) to be around 11.5 pct, due to the two-stroke business transaction.Says net sales are expected to grow by around 5 pct.Previously ... [Published Reuters - Jul 18 2014]
Entities: Wärtsilä Oyj, EBIT
First reported Jul 18 2014 - Updated Jul 18 2014 - 5 reports

Ship power drives Wärtsilä first half growth

Wärtsilä’s ship power secured 973 contracts for new vessels in the first half, up 29% over the same period last year.The group's ship power division racked up 43% sale growth compared to the first half of 2013, off setting a 26% drop in sales for the ... [Published Seatrade Global - Jul 18 2014]
First reported Jul 15 2014 - Updated Jul 15 2014 - 6 reports

Wartsila to provide CBM for 20 dual-fuel Greek LNG tankers

Wärtsilä reports that it has signed technical management agreements with four Greek LNG carrier operators, covering maintenance of 80 dual fuel engines in 20 ships, for a five year period.The technicalmanagement agreements include condition based maintenance ... [Published Motor Ship - Jul 15 2014]

Quotes

...and advanced technologies," says Martin Wernli, Vice President, Wärtsilä Ship Power, two-stroke and Managing Director, Wärtsilä Switzerland Ltd. "In particular, Wärtsilä's unique low-pressure dual-fuel two-stroke engine development, the further expansion of the environmentally friendly Generation X -engines, as well as emission reduction technologies will benefit from this increased focus."
...already offers the most comprehensive range of Hall sensors for automotive and industrial electronics," says Matthias Bopp, CEO of Micronas. "We enhanced our product portfolio in the first half of 2014 with a new generation of our established Hall switches and additional direct angle sensors."
"This agreement marks an historic moment for our two companies, and it opens the door to exciting new opportunities" said Jaakko Eskola, senior executive vice president and president of Ship Power for Wärtsilä
Wärtsilä ship power senior executive vice-president Jaakko Eskola said: "CSSC shares our vision for the future of the two-stroke marine engine market and we feel that this agreement will benefit both parties, as well as the entire shipping sector."

More Content

All (216) | News (164) | Reports (0) | Blogs (37) | Audio/Video (0) | Fact Sheets (6) | Press Releases (9)
sort by: Date | Relevance
Wärtsilä responds to market trends [Published RINA - 9 hours ago]
Rolls-Royce sees marine profits decline [Published ShippingWatch - 22 hours ago]
Opting in to dynamic design [Published RINA - Jul 30 2014]
Wärtsilä, CSSC set up joint venture in China [Published Valve World - Jul 30 2014]
Superyacht Samar in Marseille [Published Superyacht Times - Jul 29 2014]
Wärtsilä ditches Qingdao jv [Published Sino Ship News - Jul 25 2014]
Wärtsilä sells its share of Chinese two-stroke ... [Published Motor Ship - Jul 24 2014]
Wartsila to sell its shares in QMD 2-stroke joi... [Published Reuters UK - Jul 24 2014]
Wärtsilä sheds shares in Chinese two-stroke man... [Published Marine Log - Jul 24 2014]
Wärtsilä to divest share in Quingdao 2-stroke e... [Published Seatrade Global - Jul 24 2014]
GLOBAL: Wärtsilä divests stake in QMD joint ven... [Published Bunkerspot - Jul 24 2014]
Wartsila divests QMD 2-stroke JV shares [Published LNG World News - Jul 24 2014]
Wärtsilä to divest its shares in QMD 2-stroke j... [Published KGO - Jul 24 2014]
Wärtsilä to divest its shares in QMD 2-stroke j... [Published BusinessWeek - Jul 24 2014]
Wärtsilä to divest its shares in QMD 2-stroke j... [Published EuroInvestor - Jul 24 2014]
MICRONAS SEMICONDUCTOR : First-half sales ahead... [Published 4 Traders - Jul 22 2014]
Wärtsilä, Chinese Shipyard Join Forces for Dual... [Published Ship & Bunker - Jul 22 2014]
Wärtsilä and China State Shipbuilding to establ... [Published Ship Technology - Jul 21 2014]
Wärtsilä net sales down 2% [Published LNG Industry - Jul 21 2014]
ASIA: Wärtsilä sells two-stroke engine business... [Published Lloyd's List Daily Commercial News - Jul 21 2014]
WARTSILA ABP : establishes joint venture with C... [Published 4 Traders - Jul 21 2014]
Wärtsilä to Manufacture Marine Dual-Fuel Engine... [Published NGV Global - Jul 20 2014]
Wärtsilä establishes joint venture with China S... [Published Bunker Ports News Worldwide - Jul 18 2014]
Wartsila Oyj Abp establishes 2-stroke engine jo... [Published Reuters - Jul 18 2014]
Wartsila Oyj Abp revises FY 2014 outlook [Published Reuters - Jul 18 2014]
Ship power drives Wärtsilä first half growth [Published Seatrade Global - Jul 18 2014]
EUROPE: Wärtsilä releases interim report [Published Bunkerspot - Jul 18 2014]
Wartsila forms medium-speed joint venture with ... [Published Motor Ship - Jul 18 2014]
Wärtsilä ups profit forecast [Published Tanker Operator - Jul 18 2014]
Wärtsilä, CSSC Establish Engine JV [Published Maritime Executive - Jul 18 2014]
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Blogs

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Wärtsilä, CSSC Establish Engine JV – The Mariti... [Published MaritimeSecurity.Asia - Jul 18 2014]
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Two new Wärtsilä JVs with CSSC: 2-stroke engine... [Published Green Car Congress - Jul 18 2014]
Wärtsilä and China State Shipbuilding Corporation (CSSC)—one of the largest shipbuilders in the world—will form two new joint ventures. The first will take over Wärtsilä’s 2-stroke engine business. Through the agreement, CSSC will own 70% of the business ...
Wärtsilä Sells Majority Stake of 2-Stroke Engin... [Published MaritimeSecurity.Asia - Jul 18 2014]
Wartsila 2-stroke engine, image: Wartsila From now on, Wartsila’s 2-stroke engine business will be listed as “discontinued operations” following an announcement today that it has sold a 70 percent stake in that business unit to China State Shipbuilding ...
MHI Builds World’s Lowest Fuel Oil Consuming En... [Published MaritimeSecurity.Asia - Jul 02 2014]
Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd (MHI-MME) will carry out a full-scale operation UEC35LSE and UEC33LSE which are the MHI-MME’s most-advanced low speed marine diesel engines. Based on MHI-MME’s thorough market reserch, UEC35LSE ...
First Inland Waterway Vessel Refitted For LNG [Published MaritimeSecurity.Asia - Jun 25 2014]
The first inland waterway vessel refitted with a Liquefied Natural Gas (LNG) drive system was officially delivered 19 June in Rotterdam. Danser Group’s Eiger-Nordwand tug-barge combination was converted by the Koedood firm. With a Wärtsilä dual-fuel ...
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Press Releases

sort by: Date | Relevance
WÄRTSILÄ INTERIM REPORT JANUARY-JUNE 2014 [Published GlobeNewswire: Acquisitions News - Jul 18 2014]
Wärtsilä establishes joint venture with China S... [Published GlobeNewswire: Advertising News - Jul 18 2014]
Wärtsilä Selects ClickSoftware's ClickWorkforce... [Published Financial Services - May 08 2014]
WÄRTSILÄ INTERIM REPORT JANUARY-MARCH 2014 [Published GlobeNewswire: Advertising News - Apr 24 2014]
Wärtsilä's Interim Report January-March 2014 to... [Published GlobeNewswire: Advertising News - Apr 10 2014]
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