Tag: Wartsila

WÄRTSILÄ 2011:Financial Statements During the fourth quarter of 2011, Wärtsilä Corp saw growth in the company's order intake by around 25%, although net sales decreased by 15%.The order intake was valued at 1,250 mill during 4Q11. However, the order intake reported by the various joint venture companies grew at a greater level to total 178 mill.Wärtsilä's net sales decreased by 15% to 1,238 mill , while the operating result for the group was 145 mill, amounting to 11.7% of net sales.For the whole year, the group's order intake increased by 13% to 4,516 mill, while the order intake for the joint venture companies was 394 mill. At the end of 2011, the corporation's order book value stood at 4,007 mill, an increase of 6% over the previous year.Net sales for the year decreased by 7.6% to 4,209 mill and the operating result was reported as 469 mill, or 11.1% of net sales, compared with 487 mill and 10.7% respectively.Bjorn Rosengren, President and CEO Bjorn Rosengren said: "The year 2011 was a year of changes. It started quite well, but towards the summer the financial problems within the EU and US markets started to escalate, eventually affecting GDP development globally."Despite these ...

With integrated scrubbers for six Great Lakes vessels The full propulsion system with integrated fresh water scrubber lowers operating costs while reducing the vessel's environmental footprint by allowing owners to use high sulphur fuels in Emission Control Area (ECA) Zones and meet sulphur emissions restrictions. This represents the first order for the new integrated Wärtsilä scrubber concept. Once in operation, the vessels will set new standards for environmentally sustainable shipping on the Great Lakes and for cargo vessels in general.Wärtsilä has been awarded the contract to supply fresh water integrated scrubbers for a series of six vessels with an option for a further two, being built to transport bulk commodities on North America's Great Lakes and St. Lawrence Seaway, for the Canadian owner, Algoma Central Corporation.The integrated scrubber order is the last one of a series of Wärtsilä supply contracts awarded for these vessels. In addition to the unique integrated scrubber system, the complete solution provided by Wärtsilä includes engineering support, highly fuel efficient engines, propulsion machinery and a bilge water system. The orders for these various systems were booked on an incremental basis in 2011. All equipment included in the Wärtsilä solution will be supplied in co-operation with the ...

Wärtsilä to supply complete propulsion systems with integrated scrubbers Canada-based Algoma Central Corporation has ordered complete propulsion systems with integrated scrubbers for six laker newbuildings. This is first order for the new integrated Wärtsilä scrubber concept.Wärtsilä says: "The full propulsion system with integrated fresh water scrubber lowers operating costs while reducing the vessel's environmental footprint by allowing owners to use high sulphur fuels in Emission Control Area (ECA) Zones and meet sulphur emissions restrictions."The Finnish engine and equipment manufacturer claims: "Once in operation, the vessels will set new standards for environmentally sustainable shipping on the Great Lakes and for cargo vessels in general."Wärtsilä has been awarded the contract to supply fresh water integrated scrubbers for a series of six vessels with an option for a further two, being built to transport bulk commodities on North America's Great Lakes and St Lawrence Seaway.The integrated scrubber order is the last one of a series of Wärtsilä supply contracts awarded for these vessels. In addition to the unique integrated scrubber system, the complete solution provided by Wärtsilä includes engineering support, highly fuel efficient engines, propulsion machinery and a bilge water system. The orders for these various systems were booked on an incremental basis ...

The most advanced Polar Research Vessel The heavy Icebreaker, Deep-Sea Drilling, and Multi-Purpose Research Vessel, the 'Aurora Borealis' was designed by Wärtsilä Ship Design. When it enters service in 2016, it will be the most advanced Polar Research Vessel in the world, and used to support climate/environmental research.Operational temperature limit: full functional capability to -50C, working capacity +45C to -30CDynamic positioning: in drifting level ice of up to 2.5 m thickness and in open waterIcebreaking capacity: 2.5 m multi-year ice with 3 knThe new technological features will include dynamic positioning in closed sea-ice cover, advanced ice-forecasting and management, with autonomous, multiple helicopter support and the deployment and operation of Remotely Operated Vehicles (ROV) and Autonomous Underwater Vehicles (AUV) from the twin moon-pools.Source: Wartsila

A leading London broking house warns The IMO's Water Ballast Convention (WBC) impact on shipping will be enormous, particularly for tankers, a leading London broking house has warned.For example, Wartsila Water Solutions recently said that fitting a VLCC with the required equipment 'can currently put an owner back as much as $8 mill' and further stated that the technology is relatively untested.Another problem will be the huge number of tankers (and indeed other vessel types), which will need systems installed, Gibson Research said in its latest weekly report.The International Chamber of Shipping has suggested that over 20 vessels per day will need to have systems installed to meet the convention, which will require all ships be fitted with ballast water management systems by mid-2017.According to one major class society, at present there are only 17 approved BWT systems on the market and concerns have also been raised about the availability of equipment for ships with large ballast water requirements.The new regulations will also generate an enormous amount of work for shiprepair yards as owners jostle for slots tied into their class survey dates.Given the recent trading conditions, the rapid fall in asset values and spiralling bunker prices, early implementation of ...

Interview with Mr. Rosengren 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, into a provider of a wide portfolio of related products, such as propellers, waterjet propulsion, shaft seals, gears, automation, ship design, scrubbers and ballast water treatment systems, to mention some.This has taken place through the acquisition of key companies in these sectors, and through own development work. Production is increasingly built up in Asia. The lifecycle of the products is emphasized by the group, and services have become a major part of its business. Research and Development are key elements of operations, providing solutions to meet the continuous need for increased efficiency and for decreased environmental footprint, and to develop new products.The growing LNG segment, the use of liquefied natural gas as engine fuel, is gaining much focus, and much work is also directed at bio-fuels and on fuel-cell power.Maritime Reporter met with Mr. Rosengren a few weeks after he had presented the third quarter results of his new employer, the Wärtsilä ...

For greater reduced emissions and fuel consumption Wärtsilä has announced that it had started up its new 6-cylinder Wärtsilä RT-flex48T engine on 24th November 2011 at the facilities of Wärtsilä licensee QMD (Qingdao Qiyao Wärtsilä MHI Linshan Marine Diesel) in China.This new engine is the result of further development of the existing Wärtsilä RTA48T engine and is being marketed to the smaller bulker and tanker sectors, including Handysizes and Handymaxes.By introducing this new engine, Wärtsilä said that it had completed its adaptation of its range of low-speed RT-flex engines for all bore sizes. The engine type is also available in other cylinder configurations.With the implementation of the RT-flex common-rail technology, the conventional RTA48T engine has been upgraded to feature electronically controlled fuel injection and exhaust valve activation for greatly reduced emissions and fuel consumption.One great advantage is its smokeless operation at all engine load levels, the company claimed."We are extremely pleased to add the Wärtsilä RT-flex48T engine to our portfolio of common-rail low-speed engines. We now have this industry-leading technology available for all bore sizes in our current low-speed engine portfolio," said Martin Wernli, president, Wärtsilä Switzerland and vice president, product centre 2-stroke.The key features of the RT-flex common-rail system ...

Co-operation for exhaust gas purification systems Ship-repair yards of BLRT Grupp and the marine industry's solutions provider Wärtsilä has signed a Co-operation Agreement aimed at promoting the exhaust gas purification systems (scrubbers).All ship-repair yards of BLRT Grupp will cooperate - Tallinn Shipyard in Tallinn, Western Shiprepair in Klaipeda and Turku Repair Yard in Turku. This agreement is the new phase of cooperation between our concerns that will allow not only to conduct general repairs in our yards but also to modernize ships in accordance with the new requirements of international conventions, explained Marketing Director of Tallinn Shipyard Gabriel Avanesov. Combination of new technology developed at Wärtsilä and services provided by our specialists will allow us to offer our clients new product at reasonable prices which is especially important now when shipping companies have problems because of low freight rates, he added.The success of this cooperation was confirmed by the pilot project which was carried out by our specialists at Turku Repair Yard in anticipation of a formal agreement, said Managing Director of Turku Repair Yard Hans Sundqvist. According to him, the specialists of BLRT Grupp have everything that is required to carry out modernization works and to develop relevant projects ...

Significant reduction in the flue gas emissions This order is an example of Wärtsilä's leading competence in designing integrated solutions that are both technically advanced and environmentally sustainable.When this conversion work is completed, the vessels will fulfil the United States Environmental Protection Agency's (EPA) emission requirements for operating in the Arctic Ocean.Wärtsilä, the marine industry's leading solutions provider, has been contracted by Finland-based Arctia Offshore Oy to carry out modification work to two of the company's vessels. The contract was signed in September 2011. The turnkey project involves the fitting of combined Wärtsilä NOx Reducer (NOR) and Oxidation Catalysts (OXI) to the MSV Fennica and MSV Nordica, both of which are multi-functional vessels based on a modified icebreaker design. The ships will also be converted to enable the use of Ultra Low Sulphur Diesel fuel.When this conversion work is completed, the vessels will fulfil the United States Environmental Protection Agency's (EPA) emission requirements for operating in the Arctic Ocean. This opens up the possibility for Arctia Offshore to participate in arctic oil exploration projects in an environmentally sustainable manner.The work will involve fitting the combined Wärtsilä NOR/OXI solution to each of the eight engines that drive the two vessels. The ...

Use of ultra low sulphur diesel fuel Wärtsilä reports that it has been contracted by Arctia Offshore of Finland to fit combined NOx reducer (NOR) and oxidation catalyst (OXI) technology to two of Arctia's multi-functional icebreaking vessels.The ships, Fennica and Nordica, are based on a modified icebreaker design, and at the same time as the new equipment is fitted, the machinery will be converted to enable the use of ultra low sulphur diesel fuel. The conversion will allow the ships to fulfil the US Environmental Protection Agency's (EPA) emission requirements for operating in the Arctic Ocean. This, says Wärtsilä, opens up the possibility for Arctia Offshore to participate in arctic oil exploration projects in an environmentally sustainable manner.The work will involve fitting the combined Wärtsilä NOR/OXI solution to each of the eight engines that drive the two vessels. The installation schedule is divided into two parts, with the first set scheduled for completion by the end of December 2011, and the second set by the end of April 2012. The emission control device consists of a combined abatement system designed to reduce nitrogen oxides (NOx) and to enable the oxidation of carbon monoxide and unburned hydrocarbons. This customised solution has ...