Wärtsilä’s disclosure policy updated
Wärtsilä Corporation, Stock exchange release, 23 January 2025 at 14:15Wärtsilä’s disclosure policy updated Wärtsilä’s Board of Management has approved the company’s updated disclosure policy. The update includes various technical updates and specifications to different parts of the document. The updated policy does not include major changes to principles according to which Wärtsilä operates. The updated disclosure policy is attached to this release and is also available on Wärtsilä’s website at www.wartsila.com/investors. For further information, please contact: Hanna-Maria
Wärtsilä Corporation, Press release, 21 January 2024 at 11:00 EETTechnology group Wärtsilä has introduced its new EnviroPac feature for the Wärtsilä 34DF constant speed engine . The feature is designed to significantly reduce methane emissions while maintaining the engine’s high-power output and compliance with IMO Tier 3 NOx requirements. The first order for engines with this new feature has been placed by the French shipping company CMA CGM. The engines will be installed in eight new LNG-operated container vessels being built at the Shanghai Waigaoqiao
Wärtsilä Corporation, Trade press release, 16 January 2025 at 9:00 EETTechnology group Wärtsilä has signed a ten-year Long-Term Optimised Maintenance Agreement with Xcel Energy, an investor-owned utility based in Minnesota, USA. The agreement covers their two new power plants located in Minnesota and Wisconsin. The order was booked by Wärtsilä in Q3, 2024.
The Blue Lake plant, once in operation, will run on three Wärtsilä 34DF dual-fuel engines delivering an output of 29 MW. The Wheaton plant features five Wärtsilä 34DF engines having a power output of 48 MW. The fast-starting engines
Wärtsilä Corporation, Press release, 15 January 2024 at 12:00 EETTechnology group Wärtsilä will supply its EnergoFlow solution and Fixed Pitch Propellers (FPP) for three Pure Car/Truck Carrier (PCTC) vessels owned by Sallaum Lines – an international RoRo cargo operator. The combination of these upgrade solutions will notably improve the propulsion efficiency of these existing vessels, in turn reducing fuel consumption and CO2 emissions. The order was booked by Wärtsilä in Q4 2024.
To meet the industry’s 2050 net-zero goals, shipping
Wärtsilä Corporation, Press release, 8 January 2025 at 9 AM EETTechnology group Wärtsilä will supply the engineered equipment for a new 120 MW power plant under construction in Kazakhstan. The order was placed by Kazakhstan Caspian Offshore Industries (KCOI) and booked by Wärtsilä in Q4 2024. The order scope includes six Wärtsilä 46TS-SG gas-fuelled large bore engines, as well as mechanical and electrical auxiliary equipment.
KCOI is the main contractor for the development of a major hybrid power project in the Mangystau region, which in addition to the engine power plant, will comprise
Wärtsilä Corporation, News, 2 January 2024 at 9:00 EETTechnology 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 this recognition for the ninth time in a row underlines our holistic approach and long-term commitment to sustainability as a company.
Wärtsilä Corporation, Press release, 19 December 2024 at 11:00 EETWärtsilä Gas Solutions , part of technology group Wärtsilä, has signed a three-year Service & Maintenance Agreement with Greek fleet-owner GasLog LNG Services. The agreement covers five 180,000 m3 LNG Carrier vessels, all of which are fitted with Wärtsilä mixed refrigerant (MR) Reliq liquefaction plants. The signing took place in December 2024, and the order was booked by Wärtsilä in the same month.
By optimising the operation of the ships’
Wärtsilä Corporation, Press release, 19 December 2024 at 7:30 EETTechnology group Wärtsilä and Tornion Voima, subsidiary of EPV Energy, are building a new engine power plant in Finland. With a total capacity of about 43 megawatts, the engine power plant will be Finland's first to provide balancing capacity to the power system upon completion. With it, Tornion Voima will be able to guarantee electricity production during various disturbances and varying weather conditions.
Significantly increasing the use of renewable energy is crucial in achieving climate goals and a carbon-neutral
Wärtsilä Corporation, Press release, 18 December 2024 at 11:00 EETTechnology group Wärtsilä’s focus on supporting the marine industry’s efforts to decarbonise 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, a joint venture between the Italian Swiss-based, Nova Marine Group and the Canadian Algoma Central Corporation. The
Wärtsilä Corporation, Press release, 16 December 2024 at 11 AM EETWärtsilä Gas Solutions , part of technology group Wärtsilä, will supply the cargo handling systems for three new 93,000 m3 capacity Very Large Ammonia Carriers (VLACs). The ships are being built at the Korean shipyard Hanwha Ocean Co, formerly known as DSME. Two vessels are for a Greek ship owner and one for a Japanese owner. These two orders, both booked by Wärtsilä in Q4 2024, further strengthen Wärtsilä’s position as a market-leading supplier of cargo handling systems.
Wärtsilä Corporation, Press release, 12 December at 11 AM EETWärtsilä Gas Solutions , part of technology group Wärtsilä, continues to strengthen its market-leading position in small-scale LNG applications with its latest contract. A new 12,500 cbm LNG bunkering vessel is being built at the Nantong CIMC Sinopacific Offshore & Engineering shipyard in China, for global energy company Vitol. It will feature Wärtsilä Cargo Handling and Fuel Gas Supply systems, the order for which was booked by Wärtsilä in Q4, 2024.
Wärtsilä’s ability to
Wärtsilä Corporation, Press release, 10 December 2024 at 8 AM EETWärtsilä report shows an area the size of Europe will need to be covered with renewable power to reach a clean energy future, without the integration of balancing power technologies.
Wärtsilä’s global power system modelling, published in the Crossroads to net zero report , compares
Wärtsilä Corporation, Press release, 5 December 2024 at 8 AM EETTechnology group Wärtsilä has been selected by Origin Energy (Origin) to deliver the third stage of the Eraring battery facility at Origin’s Eraring Power Station in New South Wales, Australia. With this agreement, Wärtsilä will install an additional 700 megawatt hours (MWh) of energy storage capacity directly to the Eraring Stage 1 system. This project continues the successful partnership between Wärtsilä and Origin, bringing the Eraring facility’s total capacity to 700 MW / 2 800 MWh. This makes it the largest battery project
Wärtsilä Corporation, Trade press release, 4 December 2024 at 11 AM EETWärtsilä Water & Waste has strengthened its strategic partnership with Fornovo Gas SpA, becoming Fornovo’s authorised Service Partner for the United Kingdom and Ireland. This enhanced collaboration empowers Wärtsilä to provide comprehensive support services, including genuine spare parts supply, commissioning, and specialised maintenance for Fornovo Gas compressors throughout the region.
As the UK and Ireland service partner for Fornovo Gas, Wärtsilä Water & Waste supports their world-leading compression technology,
Wärtsilä Corporation, Trade press release, 28 November 2024 at 11:00 AM EETTechnology group Wärtsilä will supply an integrated propulsion package for a new vessel being built for U.K. based tanker owner and operator, Pritchard-Gordon Tankers Ltd. (PGT). The integrated package includes the high-performance and fuel flexible Wärtsilä 32 main engine . This order is the third in a series of three such vessels, all with a similar Wärtsilä scope of supply. These three 10,600 DWT newbuild vessels are the latest in PGT’s fleet renewal programme, which is centred around
