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    Wärtsilä continues to strengthen position in LNG bunkering segment with latest systems order for Vitol

    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

    Deploying balancing power generation technologies could save €65 trillion by 2050, shows Wärtsilä’s global power system modelling

    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 to deliver one of the world's largest energy storage systems with third stage of Origin's Eraring battery project in Australia

    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 Water & Waste strengthens market position as sole Fornovo Gas service partner in UK & Ireland

    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,

    Integrated package of Wärtsilä solutions selected to drive efficiency and lower emissions for new Pritchard-Gordon tanker

    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

    Major Bangladeshi conglomerate selects Wärtsilä cargo handling system for new LPG Carrier vessel

    Wärtsilä Corporation, Press release, 27 November 2024 at 11.30 AM EETWärtsilä Gas Solutions , part of technology group Wärtsilä, will supply the complete cargo handling system for a new fully pressurised LPG Carrier  being built for Meghna Fresh LPG, part of the Bangladeshi Meghna Group of Industries. The group is one of the country’s largest industrial conglomerates, and in addition to being the owner of the new ship, it also owns the shipyard where the vessel is constructed and is the owner of the energy industries that the vessel will

    Wärtsilä joins new consortium to explore hydrogen-argon power cycle for net-zero power generation

    Wärtsilä Corporation, Press release, 26 November 2024 at 8 AM EETTechnology group Wärtsilä is part of a new research project exploring innovative technology for cleaner, more energy-efficient engines utilising a closed loop combustion cycle. The research will focus on the use of argon – a non-toxic ideal gas present in the atmosphere – to increase efficiency of balancing engines. The co-innovation project is run by the Integrated Hydrogen-Argon Power Cycle (iHAPC) consortium, led by the University of Vaasa, in partnership with Business Finland and a wide network of partners. In an

    District heating: the key to affordable and flexible decarbonised energy, says new study

    Wärtsilä Corporation, Press release, 20 November 2024 at 8 AM EETDistrict heating is a multi-technology solution which is currently underutilised for Europe to meet near-term decarbonisation goals affordably, highlights a new study released by technology group Wärtsilä today. In 2021, district heating supplied just 11% of Europe's households’ heating demand. The study, conducted by economic consulting firm Compass Lexecon, shows that modernising this sector could cut EU carbon emissions and scale renewable energy use significantly by transitioning away from inflexible coal-fired systems.

    Wärtsilä engines to deliver reliable power for generating facility

    Wärtsilä Corporation, Trade press release, 13 November 2024 at 2 PM EETTechnology group Wärtsilä has been contracted to supply generating sets and auxiliary equipment for Tampa Electric Company’s new generating facility in Florida, USA. Under normal conditions, this plant will generate power for the company’s customers throughout the service territory. Under special conditions, the plant will have the capability to operate in island mode to provide a reliable and resilient source of electricity for a military base. The project is being delivered in two phases, and the orders with Wärtsilä

    Wärtsilä President & CEO Håkan Agnevall on sick leave until 25 November

    Wärtsilä Corporation, Stock exchange release, 11 November 2024 at 17.00 EETWärtsilä President & CEO Håkan Agnevall on sick leave until 25 November Wärtsilä’s President & CEO Håkan Agnevall will be on sick leave due to a planned routine surgery and returns to his position no later than 25 November 2024. During his absence, President of Wärtsilä Marine & Executive Vice President Roger Holm will assume the duties of the CEO. For further information, please contact: Teija SarajärviExecutive Vice President, Human ResourcesTel: +358 10 709 5010teija.sarajarvi@wartsila.com Hanna-

    Gasum selects Wärtsilä for another bioLNG project in Sweden

    Wärtsilä Corporation, Press release, 7 November 11 AM EETWärtsilä Gas Solutions , part of technology group Wärtsilä, will supply Nordic energy company Gasum with biogas upgrading and liquefaction  solutions for their new bioLNG plant. The plant will produce high-quality bioLNG from agricultural and organic household waste. The order was booked by Wärtsilä in Q4 2024. When operational, the Wärtsilä offering will be capable of producing 25 tons of bioLNG per day. bioLNG is formed by purifying biogas to high-quality bio methane before it

    Wärtsilä Propulsion Factory Wuxi celebrates 20 years of innovation and efficiency and new thrusters contract

    Wärtsilä Corporation, News, 7 November 2024 at 10 AM EETWärtsilä Propulsion Factory Wuxi celebrated its 20th anniversary this week, marking two decades of commitment to innovation and excellence in marine propulsion technology. The event was attended by over 200 stakeholders, including distinguished officials from the Wuxi Government and senior management from Wärtsilä Marine, led by Roger Holm, President of Wärtsilä Marine and Executive Vice President of Wärtsilä Corporation. The day-long celebration featured a comprehensive programme that included insightful business updates and

    Wärtsilä completes fourth round of large-scale fire testing and advances noise mitigation for its energy storage systems

    Wärtsilä Corporation, Trade press release, 7 November 2024 at 9 AM EETTechnology group Wärtsilä announces significant advancements in fire safety and acoustic noise reduction for its energy storage systems (ESS), which will enable its customers to stay ahead of regulatory changes while minimising the environmental impact of their projects. These developments, including rigorous large-scale testing and enhanced noise mitigation technologies, further position Wärtsilä as a leader in safe and community-conscious energy solutions. Wärtsilä has recently completed its third and fourth rounds

    Newly introduced NextDF technology for Wärtsilä 25DF engine delivers ultra-low methane emissions

    Wärtsilä Corporation, Trade press release, 31 October 2024 at 11 AM EETTechnology group Wärtsilä has introduced its innovative NextDF feature for the Wärtsilä 25DF dual-fuel engine . While operating on liquefied natural gas (LNG), the NextDF feature reduces methane emissions to less than two per cent of fuel use across all load points, achieving as low as 1.1 per cent in a wide load range. What’s more, the nitrogen oxide (NOx) emissions are lower than on the standard Wärtsilä 25DF engine which already has low emission levels below IMO Tier III. LNG is

    Wärtsilä’s Interim Report January–September 2024

    Wärtsilä Corporation, Interim Report January–September 2024, 29 October 2024 at 8:30 (EET)Wärtsilä’s Interim Report January–September 2024 This release is a summary of Wärtsilä’s Interim Report January–September 2024. The complete report is attached to this release as a pdf file. It is also available on the company website at www.wartsila.com. IMPROVED NET SALES, PROFITABILITY AND CASH FLOW Highlights from July–September 2024 · Order intake remained stable at EUR 1,803 million (1,787), while the organic growth, which excludes FX impact and the impact of acquisitions and

    Wärtsilä Lifecycle Agreement will optimise performance and reliability of seven Capital Gas LNG Carriers

    Wärtsilä Corporation, Press release, 28 October 2024 at 11 AM EETTechnology group Wärtsilä has signed a five-year Lifecycle Agreement  covering seven 174,000 m3 LNG Carrier vessels operated by Capital Gas Ship Management (“Capital Gas”). By applying Wärtsilä’s Operational Support service  and performance optimisation services, the agreement will deliver enhanced reliability, greater efficiency, minimised climate impact, and operational certainty for the vessels. The seven ships are powered by WinGD X-DF two-stroke, dual-fuel main engines.

    TwinShip project aims to improve access to reliable data for aiding in shipping decarbonisation

    Wärtsilä Corporation, Trade press release, 24 October 2024 at 11 AM EESTA consortium, including technology group Wärtsilä, will develop a new system for the maritime industry which is aimed at improving access to reliable data to enable smarter shipping decisions related to decarbonising fleet operations. The project, name ‘TwinShip’*, is sponsored by the European Union (EU) and will run from 2025 until 2028. The need for decarbonisation is well acknowledged in the maritime industry. However, investment decisions are often delayed due to a lack of accurate cost, performance and emission

    Wärtsilä and Qatar Shipyard Technology Solutions partner to provide customers with optimal service support

    Wärtsilä Corporation, Trade press release, 23 October 2024 at 09 AM EESTTechnology group Wärtsilä and Qatar Shipyard Technology Solutions signed a Memorandum of Understanding (MoU) on 30 September 2024. The MoU paves the way to formalise the cooperation between the two companies and ensures that vessels calling at Qatar Shipyard Technology Solutions for repairs, maintenance, or retrofit projects involving 2-stroke / 4-stroke engines, and propulsion equipment receive the optimal level of service support. At the MoU signing event, Mr. Jos J.A.A. Goris, Chief Executive Officer, Qatar

    Wärtsilä’s lead in Cargo Handling Systems continues with contract for four new VLAC vessels

    Wärtsilä Corporation, Press release, 22 October 2024 at 11 AM EESTWärtsilä Gas Solutions , part of technology group Wärtsilä, continues to strengthen its position as a market-leading supplier of advanced cargo handling systems . The latest contract is for four new 93,000 m3 capacity Very Large Ammonia Carrier (VLAC) vessels being built for Greek owner Naftomar. The contract has been placed by the Korean shipyard, Hanwha Ocean Co (formerly Daewoo Shipbuilding and Marine Engineering), and was booked by Wärtsilä in Q3 2024. Wärtsilä's

    Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: Varma Mutual Pension Insurance Company’s holding in Wärtsilä Corporation

    Wärtsilä Corporation, flagging notification, 18 October 2024 at 09:30 EESTNotification in accordance with the Finnish Securities Market Act Chapter 9 § 5: Varma Mutual Pension Insurance Company’s holding in Wärtsilä CorporationVarma Mutual Pension Insurance Company has informed Wärtsilä Corporation that it has crossed below the 5% disclosure limit on total holding in shares and voting rights on 17 October 2024. Total position of Varma Mutual Pension Insurance Company and its funds subject to the notification: % of % of shares Total of Total number of shares

    Wärtsilä continues to strengthen its market leadership in cargo handling and fuel gas supply systems

    Wärtsilä Corporation, Press release, 17 October at 11 AM EESTWärtsilä Gas Solutions,  part of technology group Wärtsilä, has been contracted to supply the cargo handling  and fuel gas supply systems  for six newbuild medium-sized gas carrier (MGC) vessels, which again strengthens the company's market-leading position in this sector. The new vessels are built at the Jiangsu Yangzi-Mitsui (YAMIC) Shipbuilding yard in China for a

    Wärtsilä supports South Australia’s energy transition with new 150 MW / 300 MWh energy storage system for Amp Energy

    Wärtsilä Corporation, Press release, 17 October 2024 at 9 AM EESTTechnology group Wärtsilä has been selected to deliver its second major energy storage project in South Australia. Located in Bungama, stage 1 of this multi-stage project will be supplied to Amp Energy, a global energy transition platform. The standalone battery energy storage system (BESS) will have a 150 MW / 300 MWh capacity and will support energy security and reliability as renewable energy supply increases, pacing South Australia’s ongoing energy transition. The order was booked in September 2024. The project will

    Wärtsilä’s Interim Report January-September 2024 to be published 29 October 2024 at 8.30 EET

    Wärtsilä Corporation, Press release, 15 October 2024 at 13:00 EESTWärtsilä Corporation will publish its Interim Report January-September 2024 on Tuesday 29 October 2024 at 8.30 a.m. Finnish time. The report will be available in pdf-format on the company website at www.wartsila.com after publishing. A virtual analyst and press conference will be held as a webinar on the same day, Tuesday 29 October 2024, at 10.00 a.m. Finnish time (8.00 a.m. UK time). Participating via the web Register and login to the web interface via the web address below. When you register, you are prompted to

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